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Stock impact report

RAVE Stock Falls Despite Q1 Earnings Uptick, Revenues Down Y/Y [Yahoo! Finance]

Rave Restaurant Group, Inc. (RAVE) 
US:NASDAQ Investor Relations: raverg.investorroom.com
Company Research Source: Yahoo! Finance
Rave Restaurant registered revenues of $3.1 million in the fiscal first quarter, down 1.2% year over year. Lower revenues from the Pie Five Franchising segment dampened the topline. Shares of this company lost nearly 1.4% in yesterday's after-hours trading. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Rave Restaurant derives revenues from two segments — Pizza Inn Franchising and Pie Five Franchising. For the quarter under review, Pizza Inn Franchising revenues were $2.7 million, up 4.5% year over year. This was driven by increases in supplier and distributor incentives. In the first quarter of fiscal 2025, Pizza Inn's domestic comparable store retail sales decreased 2.1% year over year. Pizza Inn's domestic unit count finished the fiscal first quarter at 102, while its international unit count finished at 26. Pie Five Franchising segment's fiscal first-quarter revenues were $0.3 million, down 29.6% year over year. This primarily resulted from Show less Read more
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