RAVE Restaurant posts higher Q1 sales, net income as Pizza Inn promotions help traffic, margins

Rave Restaurant

06/11/2025 14:09

Overview

RAVE fiscal Q1 revenue grows 5.3% yr/yr to $3.2 mln

Net income for fiscal Q1 rises 22.6% yr/yr to $0.6 mln

Adjusted EBITDA for fiscal Q1 increases 15.3% yr/yr to $0.8 mln

Outlook

Company plans to expand I$8 promotion in January to boost post-holiday traffic

RAVE Restaurant Group preparing for multiple Pizza Inn openings in second quarter

Company aims to increase Pizza Inn net buffet store count for fifth consecutive year

Result Drivers

PIZZA INN SALES - Pizza Inn domestic comparable store sales increased 8.1% in Q1, contributing to revenue growth

VALUE STRATEGY - I$8 promotion at Pizza Inn helped maintain traffic and margins, per CEO Brandon Solano

PIE FIVE CHALLENGES - Pie Five domestic comparable store sales decreased 9.1% in Q1, indicating segment challenges

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$3.21 mln
Q1 EPS
$0.05
Q1 Net Income
$645,000
Q1 Pretax Profit
$851,000


Press Release: ID:nGNX9hpRVv

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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.)