Brief: Rave Restaurant Reports Q4 Loss Per Share $0.05

Rave Restaurant

30/09/2019 12:49

Sept 30 (Reuters) - Rave Restaurant Group Inc  RAVE.O :
    * TOTAL REVENUE INCREASED TO $3.1 MILLION FOR Q4 OF FISCAL
2019
COMPARED TO $2.8 MILLION FOR SAME PERIOD OF PRIOR YEAR
    * Q4 LOSS PER SHARE $0.05
    * CASH AND CASH EQUIVALENTS INCREASED TO $2.3 MILLION AS OF
END OF
Q4 OF FISCAL 2019
    * RAVE RESTAURANT GROUP - RAVE TOTAL COMPARABLE STORE
DOMESTIC
RETAIL SALES DECREASED 0.7% IN Q4 OF FISCAL 2019
    * PIE FIVE COMPARABLE STORE RETAIL SALES DECREASED 7.3% IN
Q4 OF
FISCAL 2019 COMPARED TO SAME PERIOD OF PRIOR YEAR
    * QTRLY TOTAL SYSTEM-WIDE PIE FIVE RETAIL SALES DECREASED
22.1%
DUE TO DECREASE IN AVERAGE UNITS OPEN DURING QUARTER
    * PIZZA INN DOMESTIC COMPARABLE STORE RETAIL SALES INCREASED
2.2%
IN THE FOURTH QUARTER OF FISCAL 2019

Source: (https://bit.ly/2n58AD5)
Further company coverage:  RAVE.O 

 ((Reuters.Briefs@thomsonreuters.com;))