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Rave Restaurant Group Inc (RAVE.OQ)

RAVE.OQ on NASDAQ Stock Exchange Capital Market

1.31USD
20 Apr 2018
Change (% chg)

$0.04 (+3.15%)
Prev Close
$1.27
Open
$1.27
Day's High
$1.31
Day's Low
$1.27
Volume
769
Avg. Vol
10,561
52-wk High
$2.33
52-wk Low
$1.13

Latest Key Developments (Source: Significant Developments)

Rave Restaurant Group Reports Second Fiscal Quarter 2018 Financial Results
Tuesday, 6 Feb 2018 08:30am EST 

Feb 6 (Reuters) - Rave Restaurant Group Inc ::RAVE RESTAURANT GROUP, INC. REPORTS SECOND FISCAL QUARTER 2018 FINANCIAL RESULTS.Q2 REVENUE FELL 38.1 PERCENT TO $4.2 MILLION.Q2 LOSS PER SHARE $0.04.‍DURING FISCAL QUARTER ENDED DECEMBER 24, 2017, COMPANY DISCONTINUED ITS NORCO DISTRIBUTION DIVISION​.RAVE RESTAURANT GROUP - ‍SALE OF FOOD, EQUIPMENT, SUPPLIES NO LONGER RECOGNIZED AS REVENUE, COST OF SUCH ITEMS IS NO LONGER INCLUDED IN COST OF SALES​.‍DURING Q2, NUMBER OF PIZZA INN DOMESTIC UNITS DECLINED TO 156, WHILE INTERNATIONAL UNITS INCREASED TO 62​.QTRLY PIZZA INN DOMESTIC COMPARABLE STORE RETAIL SALES INCREASED 2.7PCT FROM SAME PERIOD OF PRIOR YEAR.QTRLY PIE FIVE COMP STORE RETAIL SALES DECREASED 13.7PCT, WHILE TOTAL SYSTEM-WIDE RETAIL SALES DECREASED BY 18.8PCT​.  Full Article

Rave Restaurant Group says qtrly ‍total consolidated revenue decreased 13.8 percent to $13.2 million
Wednesday, 8 Nov 2017 09:37am EST 

Nov 8 (Reuters) - Rave Restaurant Group Inc ::Total consolidated revenue decreased 13.8 percent to $13.2 million compared to $15.3 million in Q1 of fiscal 2017​.Q1 loss per share $0.03.Pie Five system-wide retail sales and comparable store retail sales each decreased 17.3 percent from same period of prior year​.Qtrly ‍Pizza Inn domestic comparable store retail sales increased 1.4 percent from same period of prior year​.Qtrly ‍total domestic retail sales decreased by 0.9 percent​.  Full Article

Rave Restaurant Group files for stock shelf of up to $5 million
Friday, 27 Oct 2017 03:19pm EDT 

Oct 27 (Reuters) - Rave Restaurant Group Inc ::Rave Restaurant Group files for stock shelf of up to $5 million - SEC filing.  Full Article

‍Pie Five will open first international location in Pakistan in 2018
Tuesday, 5 Sep 2017 12:40pm EDT 

Sept 5 (Reuters) - Rave Restaurant Group Inc :Pie Five announces first international development agreement.Says ‍Pie Five will open its first international location in Pakistan in 2018, with up to 40 more locations over next seven years.  Full Article

Rave Restaurant Group Inc announces equity rights offering
Tuesday, 15 Aug 2017 05:25pm EDT 

Aug 15 (Reuters) - Rave Restaurant Group Inc ::Rave Restaurant Group Inc announces equity rights offering.Rave Restaurant Group Inc - commencement of a $5 million registered rights offering for shares of its common stock.Rave Restaurant Group Inc - ‍rights are currently exercisable and will expire if not exercised by 5:00 p.m., Dallas, Texas time, on September 8, 2017​.Rave Restaurant Group Inc - ‍shareholders are being distributed one right for each share of common stock owned on August 1, 2017​.Rave Restaurant Group - each right entitles shareholder to purchase 0.3351393 shares of co's common stock at a subscription price of $1.40 per share.  Full Article

Rave Restaurant Group files for stock shelf of upto $5 mln- SEC filing
Wednesday, 26 Jul 2017 04:27pm EDT 

July 26 (Reuters) - Rave Restaurant Group Inc :Files for stock shelf of up to $5.0 million - SEC filing.  Full Article

Rave Restaurant Group Q3 loss per share $0.18
Wednesday, 10 May 2017 08:00am EDT 

May 10 (Reuters) - Rave Restaurant Group Inc :Rave restaurant group, inc. Reports third fiscal quarter financial results.Q3 revenue fell 7.7 percent to $14.1 million.Q3 loss per share $0.18.Rave restaurant group inc qtrly pie five comparable store retail sales decreased 15.8% from same period of prior year.Rave restaurant group inc qtrly pie five system-wide retail sales increased 0.6%, while average weekly sales declined 12.3%, year over year.Rave restaurant qtrly pizza inn domestic comparable store retail sales increased 0.1% from same period of prior year, while total domestic retail sales increased by 2.9%.  Full Article

Rave Restaurant Group Inc qtrly total consolidated revenue decreased 7.7pct
Wednesday, 10 May 2017 07:45am EDT 

May 10 (Reuters) - Rave Restaurant Group Inc : :Rave Restaurant Group Inc qtrly total consolidated revenue decreased 7.7pct to $14.1 million.Rave Restaurant Group Inc qtrly pie five comparable store retail sales decreased 15.8pct from same period of prior year.Rave Restaurant Group Inc qtrly pie five system-wide retail sales increased 0.6pct.Q3 loss per share $0.18.  Full Article

Rave Restaurant Group reports q2 results
Wednesday, 8 Feb 2017 08:00am EST 

Rave Restaurant Group Inc : Rave Restaurant Group, Inc. reports second fiscal quarter financial results; Rave attains new leadership . Q2 revenue fell 3.4 percent to $14.8 million . Q2 Pie Five comparable store retail sales decreased 17.4% from same period of prior year .Q2 Pizza Inn domestic comparable store retail sales decreased 1.2% from same period of prior year.  Full Article

Rave Restaurant Group names Scott Crane CEO
Monday, 9 Jan 2017 09:00am EST 

Rave Restaurant Group Inc : Rave Restaurant Group, Inc. names Scott Crane CEO .Rave Restaurant Group Inc - Crane succeeds interim CEO Clinton J. Coleman, who will remain in his role as a member of board.  Full Article

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