RAVE Restaurant Group, Inc. reported a 3.6% decrease in net income to $0.8 million for the fourth quarter of fiscal 2025, with a 6% decrease in total revenue to $3.2 million. Pizza Inn saw a 6.3% increase in domestic retail sales, while Pie Five experienced a 7.2% decrease.
For the full fiscal year 2025, RAVE reported a 3.6% increase in net income to $2.7 million, with total revenue decreasing by 0.1 million to $12.0 million. Adjusted EBITDA increased to $3.6 million, and total domestic retail sales increased by 0.8%.
CEO Brandon Solano highlighted the success of the ‘I ate at Pizza Inn’ promotion, which saw a 30.6% year-over-year sales lift in Q4. The company plans to continue the promotion into fiscal year 2026 and is focused on accelerating growth, with new store openings and reimages planned.
CFO Jay Rooney noted the company’s efficient expense management and positive 6.3% comparable store sales in the fourth quarter at Pizza Inn, leading to a total annual pre-tax income increase of over 17% from the prior fiscal year. RAVE Restaurant Group, Inc. is pleased with the efforts and results of its team. The company presents non-GAAP financial measures such as EBITDA and Adjusted EBITDA to investors as useful measures of operating performance. These measures exclude certain expenses to provide a more comparable view of operating performance from period to period.
EBITDA represents earnings before interest, taxes, depreciation, and amortization, while Adjusted EBITDA includes additional exclusions like stock compensation expense and costs related to impairment. These non-GAAP financial measures are used by management to evaluate operating performance, plan budgets, and assess business strategies.
RAVE Restaurant Group, Inc. cautions that certain statements in this press release may be considered forward-looking and involve risks and uncertainties. The company’s assumptions regarding cost-cutting measures, reimaging initiatives, and market conditions are difficult to predict accurately. Investors should be aware that these forward-looking statements are subject to uncertainties beyond the company’s control.
Dallas-based RAVE Restaurant Group, Inc. [NASDAQ: RAVE] is known for its innovative pizza concepts through its Pie Five and Pizza Inn franchises. Pizza Inn offers a unique buffet experience with fresh ingredients and a small-town vibe since 1958. In 2011, RAVE introduced Pie Five Pizza, a fast-casual brand that offers personalized, high-quality pizzas with creative recipes and fresh ingredients. 1. The stock market saw a significant increase today, with the S&P 500 reaching a new record high of 4,352.34. Tech stocks led the way, with companies like Apple and Microsoft seeing gains of over 2%.
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Read more at GlobeNewswire: RAVE Restaurant Group, Inc. Reports Fourth Quarter and