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Stock impact report

RAVE Restaurant Group, Inc. Reports Second Quarter Results [Yahoo! Finance]

Rave Restaurant Group, Inc. (RAVE) 
US:NASDAQ Investor Relations: raverg.investorroom.com
Company Research Source: Yahoo! Finance
Second Quarter Highlights: The Company recorded net income of $0.6 million for the second quarter of fiscal 2024 compared to net income of $0.3 million for the same period of the prior year. Income before taxes increased 10.7% to $0.5 million for the second quarter of fiscal 2024 compared to the same period of the prior year. Total revenue decreased slightly by $0.1 million to $2.8 million for the second quarter of fiscal 2024 compared to the same period of the prior year. Adjusted EBITDA remained stable at $0.6 million for the second quarter of fiscal 2024 compared to the same period of the prior year. Pizza Inn domestic comparable store retail sales increased 7.0% in the second quarter of fiscal 2024 compared to the same period of the prior year. Pie Five domestic comparable store retail sales increased 0.8% in the second quarter of fiscal 2024 compared to the same period of the prior year. On a fully diluted basis, net income increased by $0.02 to $0.04 per share for Show less Read more
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