Pizza franchisor Rave Restaurant Q4 profit slips as comparable sales decline

Rave Restaurant

24/09/2026 14:12

Overview
U.S. pizza franchisor's fiscal Q4 revenue rose 8.8% yr/yr, net income fell 6.2%
Adjusted EBITDA for fiscal Q4 increased 4.9% yr/yr
Pizza Inn and Pie Five Q4 comparable store sales declined yr/yr

Outlook
Pizza Inn expects to open five new buffet restaurants in fiscal 2027 under a new development agreement
Company plans new product launches with increased media support starting in December

Result Drivers
COMPARABLE SALES DECLINES - Co said Pizza Inn and Pie Five domestic comparable store sales fell in Q4, with Pie Five down 17.3% yr/yr and Pizza Inn down 2.8% yr/yr
BUFFET UNIT GROWTH - Pizza Inn buffet restaurant count increased by net one restaurant, marking fifth consecutive yr of buffet unit count growth, per CEO Brandon Solano

Company press release: ID:nGNX9FFzpf

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
 
$3.40 mln
 
Q4 Net Income
 
$800,000
 
Q4 Pretax Profit
 
$1.10 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)