RAVE Restaurant Group Q2 sales profit rise, helped by Pizza Inn, promotions
Overview
Restaurant group's fiscal Q2 revenue grew 6% yr/yr
Net income for fiscal Q2 rose 4.9% yr/yr
Company opened three new Pizza Inn buffet locations in fiscal Q2
Outlook
Company continues to run 'All You Can $8' promotion into the third quarter
Company notes industry faces sluggish growth and pressure on sales and traffic
Company did not provide specific guidance for future quarters or full year
Result Drivers
PIZZA INN SALES - Pizza Inn's domestic comparable store sales increased 2.5% in Q2, contributing to revenue growth
NEW BUFFET OPENINGS - Three new Pizza Inn buffet locations opened, aiding revenue increase
PROMOTIONAL SUCCESS - 'All You Can $8' promotion at Pizza Inn boosted same-store sales
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $3.04 mln |
|
Q2 Net Income |
| $637,000 |
|
Q2 Pretax Profit |
| $842,000 |
|
Press Release: ID:nGNX5jpCW8
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
