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Rave Restaurant Group Inc   (RAVE)
Other Ticker:  
 
    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail
 
Price: $1.7700 $0.00 0.000%
Day's High: $1.8 Week Perf: 1.14 %
Day's Low: $ 1.71 30 Day Perf: -5.85 %
Volume (M): 43 52 Wk High: $ 2.64
Volume (M$): $ 76 52 Wk Avg: $1.97
Open: $1.73 52 Wk Low: $1.31



 Market Capitalization (Millions $) 26
 Shares Outstanding (Millions) 14
 Employees -
 Revenues (TTM) (Millions $) 12
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 0

Rave Restaurant Group Inc
Rave Restaurant Group Inc is a fast-casual pizza chain that operates under two brands: Pie Five Pizza and Pizza Inn. It was founded in 1958 and is headquartered in Dallas, Texas. Rave Restaurant Group Inc operates in various locations across the United States and several international markets. The company is known for its made-to-order pizzas with a variety of fresh toppings and crust options.


   Company Address: 3551 Plano Parkway The Colony 75056 TX
   Company Phone Number: 384-5000   Stock Exchange / Ticker: NASDAQ RAVE
   


   

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Rave Restaurant Group Inc

Rave Restaurant Group Inc Defies Revenue Decline, Achieving Astonishing Earnings per Share Growth in 2023



The stock market is an ever-evolving landscape, influenced by countless economic factors and corporate performances. In the case of the Wholesale industry, recent financial reports have shown that despite a decline in revenue, companies have managed to push their earnings per share to new heights while improving profit margins. This article aims to highlight some interesting facts from the financial statements for the period of October to December 24, 2023, shedding light on the Wholesale industry's ability to adapt and thrive amidst challenges.
Earnings per Share Surge Despite Declining Revenue:
Notably, the Wholesale industry exhibited its resilience during the specified time frame, with the Wholesale company raising its earnings per share by a significant margin. Income per share soared by an astounding 100% to $0.04 per share, demonstrating the sector's ability to maximize profits even in the face of decreasing revenue. Despite a decline of -2.582% in revenue, which reached $2.79 million year on year, the Wholesale industry proved its ability to navigate challenging times and maintain profitability.

Rave Restaurant Group Inc

Revised headline: Rave Restaurant Group Inc. Achieves Remarkable 50% Growth in Double Digit Income per Share during Q1 of 2024 Earnings Season

/>Rave Restaurant Group Inc. recently reported its financial results for the first quarter of the 2024 earnings season. While the company experienced significant growth in profit per share and net profits, there were some challenges in terms of revenue and income. This article will explore the implications of these results and analyze how they could impact Rave Restaurant Group Inc. moving forward.
Profit per Share and Net Profits:
In Q1 2024, Rave Restaurant Group Inc. saw a 50% jump in profit per share, reaching $0.03 compared to the previous year's $0.02. This increase signifies that the company has managed to improve its profitability. Additionally, net profits soared by an impressive 25.73%, reaching $0.386 million compared to a break-even scenario in the corresponding reporting period. These figures indicate that Rave Restaurant Group Inc. has successfully enhanced its overall financial performance.

Rave Restaurant Group Inc

Rave Restaurant Group Inc Announces Robust Top-line Growth, Defying Fourth Quarter Expectations in 2023

Rave Restaurant Group Inc has recently announced its fourth quarter earnings for 2023, with earnings per share (EPS) of $0.04 and revenue of $2.97 million. While the company's income fell sharply by $0.04 per share compared to the previous financial period, it is important to note that revenue actually rose by 7.97% during the same period.
In Q3, both revenue and EPS showed positive growth, with revenue advancing by 2.626% from $2.97 million and EPS increasing by an impressive 124.3% from $0.02 per share. However, earnings for the fiscal fourth quarter of 2023 experienced a significant decline of -90.64% from the corresponding period a year ago. Despite this setback, Rave Restaurant Group Inc has shifted its focus towards improving sales, which has resulted in a net margin of 20.83%. Additionally, operating earnings rose by a remarkable 293.82% to $1.784 million.

Rave Restaurant Group Inc

Rave Restaurant Group Inc Achieves Remarkable Return on Equity, despite Decline in Earnings

Rave Restaurant Group Inc, the parent company of Pizza Inn and Pie Five Pizza, recently returned a high return on equity (ROE) of 69.39% in its third quarter of 2023. This figure is well above their average return on equity of -32.2%, indicating significant improvement in their business performance. However, the ROE fell relative to the previous period due to the decline in net income.
Despite the decrease in net income and earnings per share in the January to March 26, 2023 interval, Rave Restaurant Group Inc managed to achieve the highest return on equity within the wholesale industry. Furthermore, the return on equity ranking has advanced in the quarter to 79 from a total ROE ranking of 107 in the second quarter of 2023.






 

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