Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn trademark in the United States and internationally. It operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants. The company's buffet restaurants are located in free standing buildings or strip centers in retail developments that offer dine-in, carryout, and catering services, as well as delivery services. Its delco restaurants provide delivery and carryout services and are located in shopping centers or other in-line retail developments. The company's Express restaurants serve customers through various non-traditional points of sale and are located in convenience stores, food courts, college campuses, airport terminals, travel plazas, athletic facilities, or other commercial facilities. In addition, it also operates and franchises fast casual restaurants under the Pie Five Pizza Company or Pie Five trademarks. As of June 28, 2020, the company had 42 franchised Pie Five Units, 176 franchised Pizza Inn restaurants, and 13 licensed Pizza Inn Express, or PIE, kiosks. The company was formerly known as Pizza Inn Holdings, Inc. and changed its name to Rave Restaurant Group, Inc. in January 2015. Rave Restaurant Group, Inc. was founded in 1958 and is based in The Colony, Texas.
IPO Year:
Exchange: NASDAQ
Website: raverg.com
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the third quarter of fiscal 2025 ended March 30, 2025. Third Quarter Highlights: The company recorded net income of $0.7 million for the third quarter of fiscal 2025, a 10.4% increase from the same period of the prior year.Income before taxes increased by $0.1 million to $1.0 million for the third quarter of fiscal 2025 compared to the same period of the prior year, an 11.2% increase.Total revenue was $3.0 million for the third quarter of fiscal 2025, the same as it was in the same period of the prior year.Adjusted EBITDA increased by $0.1 million to $1.0 million for t
Nominates Charlie Morrison, Who Delivered Total Shareholder Returns of ~760% During His Tenure as CEO of Wingstop, and Nicole Portwood, an Experienced Marketing Executive and Former CMO of Tito's Handmade Vodka, to Company's Board Nominees Possess Necessary Restaurant Operations and Marketing Experience to Drive Greater Urgency on Enhancing Company Performance Engaged Capital, LLC (together with certain of its affiliates, "Engaged" or "we"), which beneficially owns approximately 8.6% of the outstanding Class A common stock of Portillo's Inc. (NASDAQ:PTLO) ("Portillo's" or the "Company"), today announced that it has nominated two highly qualified, independent candidates for election to t
DALLAS, Feb. 06, 2025 (GLOBE NEWSWIRE) -- RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the second quarter of fiscal 2025 ended December 29, 2024. Second Quarter Highlights: The company recorded net income of $0.6 million for the second quarter of fiscal 2025, a 9.8% increase from the same period of the prior year.Income before taxes increased by $0.2 million to $0.7 million for the second quarter of fiscal 2025 compared to the same period of the prior year, a 39% increase.Total revenue increased by $0.1 million to $2.8 million for the second quarter of fiscal 2025 compared to the same period of the prior year, a 4% increase.Adjusted EBITDA increased by $
DALLAS, Nov. 07, 2024 (GLOBE NEWSWIRE) -- RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the first quarter of fiscal 2025 ended Sept. 29, 2024. First Quarter Highlights: The company recorded net income of $0.5 million for the first quarter of fiscal 2025, a 36.3% increase from the same period of the prior year.Income before taxes increased by $0.2 million to $0.7 million for the first quarter of fiscal 2025 compared to the same period of the prior year.Total revenue was $3.1 million for the first quarter of fiscal 2025, the same as it was in the same period of the prior year.Adjusted EBITDA increased by $0.1 million to $0.7 million for the first quarter of
DALLAS, TX / ACCESSWIRE / September 26, 2024 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the fourth quarter and fiscal year ended June 30, 2024.Fourth Quarter Highlights:The Company recorded net income of $0.9 million for the fourth quarter of fiscal 2024 compared to net income of $0.6 million for the same period of the prior year.Income before taxes increased by $0.4 million to $1.2 million for the fourth quarter of fiscal 2024 compared to the same period of the prior year.Total revenue increased by $0.3 million to $3.4 million for the fourth quarter of fiscal 2024 compared to the same period of the prior year.Adjusted EBITDA increased by $0.2 million to
Iconic American Pizza Brand's Growth Marks Significant Milestone in Middle East's Culinary LandscapeDALLAS, TX / ACCESSWIRE / August 15, 2024 / Pizza Inn announced today a new multi-store Master Franchise Agreement partnership with Al Ruwad Hospitality Services & Restaurants Management Group in Egypt. The first Pizza Inn location is scheduled to open in Cairo during the fourth quarter of 2024 as part of a seven-store agreement.RAVE Logo This expansion marks another significant milestone for Pizza Inn's international growth strategy. Pizza Inn is one of the world's most recognized pizza brands, known for its commitment to bringing a unique blend of flavor, convenience and value to pizza love
DALLAS, TX / ACCESSWIRE / May 2, 2024 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the third quarter of fiscal 2024 ended March 24, 2024. RAVE Restaurant Group Logo RAVE Logo for Pie Five and Pizza Inn Third Quarter Highlights:The Company recorded net income of $0.7 million for the third quarter of fiscal 2024 compared to net income of $0.3 million for the same period of the prior year.Income before taxes increased 95.2% to $0.9 million for the third quarter of fiscal 2024 compared to the same period of the prior year.Total revenue remained stable at $3.0 million for the third quarter of fiscal 2024 compared to the same period of the prior year.Adjusted EB
DALLAS, TX / ACCESSWIRE / February 1, 2024 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the second quarter of fiscal 2024 ended December 24, 2023. Second Quarter Highlights:The Company recorded net income of $0.6 million for the second quarter of fiscal 2024 compared to net income of $0.3 million for the same period of the prior year.Income before taxes increased 10.7% to $0.5 million for the second quarter of fiscal 2024 compared to the same period of the prior year.Total revenue decreased slightly by $0.1 million to $2.8 million for the second quarter of fiscal 2024 compared to the same period of the prior year.Adjusted EBITDA remained stable at $0.6 mil
DALLAS, TX / ACCESSWIRE / November 2, 2023 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the first quarter of fiscal 2024 ended September 24, 2023. RAVE Restaurant Group RAVE Restaurant Group Logo First Quarter Highlights:Total revenue increased by $0.1 million to $3.1 million for the first quarter of fiscal 2024 compared to the same period of the prior year.Adjusted EBITDA increased by $0.1 million to $0.6 million for the first quarter of fiscal 2024 compared to the same period of the prior year.Pizza Inn domestic comparable store retail sales increased 6.8% in the first quarter of fiscal 2024 compared to the same period of the prior year.Pie Five d
DALLAS, TX / ACCESSWIRE / September 21, 2023 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the fourth quarter and fiscal year ended June 25, 2023.Fourth Quarter Highlights:Total revenue increased by $0.2 million to $3.0 million for the fourth quarter of fiscal 2023 compared to the same period of the prior year.Adjusted EBITDA decreased by $0.2 million to $1.0 million for the fourth quarter of fiscal 2023 compared to the same period of the prior year.Pizza Inn domestic comparable store retail sales increased 9.0% in the fourth quarter of fiscal 2023 compared to the same period of the prior year.Pie Five domestic comparable store retail sales decreased 0.6% i
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8-K - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
10-Q - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
8-K - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
10-Q - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
8-K - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
8-K - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
10-Q - RAVE RESTAURANT GROUP, INC. (0000718332) (Filer)
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4 - RAVE RESTAURANT GROUP, INC. (0000718332) (Issuer)
4 - RAVE RESTAURANT GROUP, INC. (0000718332) (Issuer)
4 - RAVE RESTAURANT GROUP, INC. (0000718332) (Issuer)
DALLAS, TX / ACCESSWIRE / May 2, 2024 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the third quarter of fiscal 2024 ended March 24, 2024. RAVE Restaurant Group Logo RAVE Logo for Pie Five and Pizza Inn Third Quarter Highlights:The Company recorded net income of $0.7 million for the third quarter of fiscal 2024 compared to net income of $0.3 million for the same period of the prior year.Income before taxes increased 95.2% to $0.9 million for the third quarter of fiscal 2024 compared to the same period of the prior year.Total revenue remained stable at $3.0 million for the third quarter of fiscal 2024 compared to the same period of the prior year.Adjusted EB
Nominates Charlie Morrison, Who Delivered Total Shareholder Returns of ~760% During His Tenure as CEO of Wingstop, and Nicole Portwood, an Experienced Marketing Executive and Former CMO of Tito's Handmade Vodka, to Company's Board Nominees Possess Necessary Restaurant Operations and Marketing Experience to Drive Greater Urgency on Enhancing Company Performance Engaged Capital, LLC (together with certain of its affiliates, "Engaged" or "we"), which beneficially owns approximately 8.6% of the outstanding Class A common stock of Portillo's Inc. (NASDAQ:PTLO) ("Portillo's" or the "Company"), today announced that it has nominated two highly qualified, independent candidates for election to t