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RAVE Revenue Rises 3.4% as Comparable-Store Retail Sales Fall

Image: TokenPost

RAVE Restaurant Group reported higher revenue and net income for fiscal first-quarter 2027, even as comparable-store retail sales declined at Pizza Inn and Pie Five. The company also revised its outlook for five planned restaurant openings. The quarter ended Sept. 27, 2026. Revenue reached $3.322 million, up 3.4% from $3.213 million in the year-earlier quarter. Net income increased 3.1% to $665,000 from $645,000. Diluted earnings per share held at $0.05 in both periods. Pizza Inn’s domestic comparable-store retail sales fell 4.2% to $25.912 million from $27.036 million. Pie Five’s comparable-store retail sales declined 18.2% to $1.609 million from $1.967 million. RAVE’s comparable-store measure covers restaurants that have operated for at least 18 months. A location is excluded if it closes for seven consecutive days or longer.

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