AI brief of an SEC Form 8-K · RAVE RESTAURANT GROUP, INC. (RAVE)
RAVE Restaurant Group Q1 revenue rises 3.4% to $3.3 million; comparable sales fall
RAVE Restaurant Group reported first-quarter fiscal 2027 results for the period ended September 27, 2026. Revenue and net income rose from a year earlier, but comparable store sales fell at both Pizza Inn and Pie Five, and the company no longer expects five new restaurants from a ten-unit development deal to open this fiscal year.
Key points
- Total revenue was $3.3 million, up 3.4% from the prior-year quarter; net income was $0.7 million, up 3.1%.
- Diluted net income per share was $0.05, unchanged from the prior year; Adjusted EBITDA was $0.8 million, also unchanged.
- Pizza Inn domestic comparable store retail sales fell 4.2%, and Pie Five fell 18.2%.
- Cash and short-term investments totaled $14.8 million at September 27, 2026, and the company reported no debt.
The filing
CompanyRAVE RESTAURANT GROUP, INC. (RAVE)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:03 PM ET
Accession number0001140361-26-042782
Written by AI on Nov 9, 2026, 5:16 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.