RAVE Restaurant Group, Inc. filings document the public-company reporting of a Nasdaq-listed restaurant franchisor with common stock registered under the symbol RAVE. Form 8-K reports furnish quarterly and annual operating results for Pizza Inn and Pie Five, including revenue, net income, Adjusted EBITDA, comparable-store sales, and restaurant unit counts.
Proxy materials and meeting-result filings cover shareholder voting, director elections, auditor ratification, and equity incentive plan matters. Other 8-K disclosures address changes in the company's certifying accountants, while cover-page and exhibit disclosures identify its common-stock listing, Missouri incorporation, and Inline XBRL filings.
IMA Value LLP filed Amendment No. 5 to its Schedule 13D regarding Rave Restaurant Group, Inc. common stock. The filing reports that IMA Value LLP now beneficially owns 0.00 shares, representing 0% of the outstanding common stock, indicating its holdings are 5 percent or less of the class.
The filing notes that prior purchases were for investment purposes and that there are no current plans or proposals to influence the company’s control, board composition, capital structure, or listing status.
RAVE Restaurant Group reported stronger results for its third fiscal quarter ended March 29, 2026. Revenue rose to $3,223,000 from $2,966,000, while net income increased to $800,000 from $722,000, with diluted earnings per share improving to $0.06 from $0.05.
Management highlighted Pizza Inn’s 2.3% same store sales growth despite January weather that was estimated to reduce same store sales by 3.3%. Pre-tax profits grew by over eleven percent year over year. The company emphasized new restaurant openings, a development pipeline of contracted locations, and investments in additional franchise sales and construction leadership funded by a solid balance sheet, including $1.1 million in cash and $10.9 million in short-term investments.
Rave Restaurant Group reported higher earnings for the quarter ended March 29, 2026 as its Pizza Inn franchise base grew. Revenue rose to $3.2 million from $3.0 million, and net income increased to $0.8 million, or $0.06 per diluted share, up from $0.05.
For the first nine months, revenue reached $9.5 million and net income was $2.1 million, both above the prior year. Pizza Inn domestic retail sales grew, while Pie Five sales and units declined. The company held $1.1 million of cash and $10.9 million of U.S. Treasury bill investments with shareholders’ equity of $16.4 million.
Rave Restaurant Group, Inc. changed its independent auditor, dismissing Whitley Penn LLP and appointing Bodwell Vasek Wells DeSimone, LLP effective February 10, 2026. The prior auditor’s reports on the company’s financial statements for the fiscal years ended June 29, 2025 and June 30, 2024 contained no adverse opinions, disclaimers, or qualifications.
Rave states there were no disagreements with Whitley Penn on accounting principles, financial disclosures, or audit procedures, and no reportable events under Regulation S-K. The company also notes it did not consult with the new firm in advance on specific accounting applications or expected audit opinions.
Rave Restaurant Group, Inc. filed a current report to note that it issued a press release discussing financial results for its second fiscal quarter ended December 28, 2025. The full results are provided in the press release, which is included as Exhibit 99.1.
Rave Restaurant Group reported modestly stronger results for the quarter ended December 28, 2025. Revenue rose to $3.0 million from $2.9 million, while net income inched up to $0.6 million, keeping basic and diluted earnings per share flat at $0.04.
For the first six months, revenue grew to $6.3 million and net income to $1.3 million, lifting EPS to $0.09 from $0.08. Pizza Inn franchise revenue and domestic retail sales increased, helped by more buffet units and higher comparable sales, while Pie Five franchise revenue and sales declined on fewer units and softer comps. Cash and cash equivalents fell to $0.6 million, but short‑term U.S. Treasury investments increased to $10.3 million, leaving total assets at $17.5 million and shareholders’ equity at $15.5 million.
Rave Restaurant Group, Inc. held its Annual Meeting of Shareholders on December 9, 2025, where shareholders voted on director elections, auditor ratification and compensation matters. Of the 14,211,566 shares entitled to vote, 9,563,003 were represented in person or by proxy.
All four director nominees—Clinton J. Coleman, William C. Hammett, Jr., Robert B. Page and Mark E. Schwarz—were elected, each receiving between 6,267,784 and 6,382,315 votes for. Shareholders ratified Whitley Penn LLP as the independent registered public accounting firm for fiscal 2026 with 9,502,343 votes for, 12,675 against and 47,985 abstentions.
Shareholders approved the Company’s 2025 Long Term Incentive Plan with 6,337,247 votes for, 174,182 against and 18,587 abstentions, and also approved a proposal authorizing possible adjournment of the meeting related to that plan, with 6,393,650 votes for, 120,678 against and 15,688 abstentions. On Proposals 1, 3 and 4 there were 3,032,987 broker non-votes.
Rave Restaurant Group, Inc. filed an amended annual report (10-K/A) for the fiscal year ended June 29, 2025. The company’s common stock trades on the Nasdaq Capital Market under the symbol RAVE. As of November 6, 2025, there were 14,211,566 shares of common stock outstanding.
The filing lists exhibits and certifications, including a Policy Regarding Recovery of Excessive Incentive Based Compensation (Exhibit 97.1) filed with this amendment. As of December 27, 2024, the aggregate market value of non‑affiliate common equity was approximately $28.3 million, based on the Nasdaq Capital Market price. The report is signed by Chief Executive Officer Brandon L. Solano and Chief Financial Officer Jay D. Rooney.
Rave Restaurant Group, Inc. (RAVE) filed an 8‑K announcing it issued a press release discussing financial results for its first fiscal quarter ended September 28, 2025. The press release was furnished as Exhibit 99.1.
The report was signed by Chief Financial Officer Jay D. Rooney. RAVE’s common stock trades on the Nasdaq Capital Market.
RAVE Restaurant Group (RAVE) reported higher quarterly results. Revenue reached $3.213 million, up from $3.050 million. Net income rose to $645 thousand with diluted EPS of $0.05, compared to $526 thousand and $0.04 a year ago. Operating income increased to $752 thousand from $609 thousand, and Adjusted EBITDA improved to $830 thousand from $720 thousand.
Brand trends diverged. Pizza Inn franchise revenue increased 9.4% on stronger system-wide sales, with domestic retail sales of $27.950 million and comparable store sales up $2.0 million. Pie Five franchise revenue fell 22.2% as unit count and comparable sales declined; domestic retail sales were $2.420 million. Cash from operations was $608 thousand. The balance sheet showed cash and cash equivalents of $1.397 million and short-term U.S. Treasury bills of $9.159 million. Total assets were $17.005 million and shareholders’ equity was $14.837 million.