Pie Five Pizza Adds Craft Panzano Pan Pizza to Its Menu

Rhea-AI Summary

On March 15, 2021, Pie Five Pizza, a subsidiary of Rave Restaurant Group (NASDAQ: RAVE), announced the launch of its new Panzano pan crust. Made from scratch daily, the crust features a thick, crispy exterior and fluffy center, complemented by a garlic buttery blend with Parmesan and Romano cheeses. The restaurant's popular menu items, including the High Five-Meat pizza, have been updated to enhance flavors. Pie Five Pizza emphasizes its unique product offering in the fast-casual sector, aiming to set a new standard for pan pizzas.

Positive

• Introduction of a unique Panzano pan crust, crafted from scratch daily.
• Enhancements to popular menu items, such as the High Five-Meat pizza.
• Positioning as a leader in the fast-casual pizza segment.

Negative

• None.

DALLAS, March 15, 2021 /PRNewswire/ -- It's a delicious decision! Pie Five Pizza is excited to announce the reinvention of its pan crust option. It all starts with its house-made dough from scratch every morning in every store. The freshly-baked crust is a match made in heaven with Pie Five's robust Tuscan marinara sauce, house-shredded mozzarella cheese and premium-quality toppings. Once out of the oven the crust is finished with a unique garlic buttery blend that includes Parmesan and Romano cheeses and Italian seasoning, the result is a thick and crispy crust with a golden brown bottom that's soft on the inside and packs full flavor in every bite. There is no pizza experience quite like this in the fast casual space.

"Not many fast-casual pizza brands have the ovens to offer something like this," said Pie Five Director, Adam Schmidt. "Our competitors may try to emulate this, but they won't achieve such a crispy exterior and fluffy center."

While guests can enjoy Panzano crust with any custom-built pizza, all of the restaurant's pizza recipes have been updated to enhance the flavor including Pie Five's most popular menu item, the High Five-Meat. The best seller's recipe was updated to include even more bacon, beef and sausage to compliment its new crust.

"We are offering a completely unique, craft product that simply can't be found anywhere else," said Patty Scheibmeir, lead of R&D and Culinary Innovation for Rave Restaurant Group. "Each of our Pie Five locations uses dough that is house-made from scratch every morning. House-baked and fried until it is crispy on the outside with a fluffy center, we are proud to debut the ultimate pan pizza crust that is unlike any others on the market. We are confident those who have loved pan pizza for years will enjoy the Panzano and consider it the new standard of pan crusts."

The Panzano crust joins several other made-from-scratch crusts offered by the restaurant, including the crispy artisan thin and traditional Italian, while also offering cauliflower and gluten-free options. Customers can purchase a personal pizza made with the new Panzano crust or enjoy with the whole family with a large pizza.

About Pie Five Pizza
Dallas-based Pie Five Pizza is a subsidiary of Rave Restaurant Group, Inc. (NASDAQ: RAVE). Rave owns, franchises and supplies more than 200 Pie Five and Pizza Inn restaurants operating domestically and internationally. Pie Five Pizza is the leading brand in the rapidly growing fast casual pizza space, offering individual handcrafted pizzas with fresh ingredients made to order in less than five minutes. The brand was named among Fast Casual's Top "Movers & Shakers" for three consecutive years, 2015 "Best Franchise Deal" by QSR Magazine, 2012 Hot Concepts winner by Nation's Restaurant News and one of "10 Hot New Restaurant Chains from Established Brands" by Forbes.com. For more information, please visit PieFivePizza.com.

About Rave Restaurant Group
Founded in 1958, Dallas-based RAVE Restaurant Group [NASDAQ: RAVE] owns, operates and franchises over 200 Pie Five Pizza, Pizza Inn and PIE restaurants domestically and internationally. Pie Five Pizza is a leader in the fast-casual pizza space offering made-to-order pizzas ready in under five minutes. Pizza Inn is an international chain featuring freshly made pizzas, along with salads, pastas, and desserts. PIE is a kiosk concept that offers a fast, convenient way to serve customers the same iconic, quality pizza they have come to expect from Pizza Inn. The Company's common stock is listed on the Nasdaq Capital Market under the symbol "RAVE". For more information, please visit raverg.com.

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SOURCE Pie Five Pizza

FAQ

What is the new product announced by RAVE Restaurant Group on March 15, 2021?

RAVE Restaurant Group announced the new Panzano pan crust for Pie Five Pizza.

How does Pie Five Pizza's new Panzano crust differ from competitors?

The Panzano crust features a crispy exterior and fluffy center, made from house-made dough prepared daily.

What updates were made to Pie Five Pizza's menu alongside the new crust?

The recipes for the restaurant's popular pizzas, including the High Five-Meat, were updated to enhance flavor.

What is the stock symbol for RAVE Restaurant Group?

RAVE Restaurant Group is listed under the symbol 'RAVE' on the NASDAQ.