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RAVE Restaurant Group, Inc. Reports Second Quarter Financial Results - Vimarsana News

RAVE Restaurant Group, Inc. Reports Second Quarter Financial Results

Share this article Share this article DALLAS, Feb. 5, 2021 /PRNewswire/ -- RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the second quarter ended December 27, 2020. Second  Quarter Highlights: The Company recorded net income of $102 thousand for the second quarter of fiscal 2021 compared to net income of $14 thousand for the same period of the prior year. Total revenue decreased by $0.7 million to $2.1 million for the second quarter of fiscal 2021 compared to the same period of the prior year. Income before taxes was $104 thousand for the secon...

Q2 sales drop at Pie Five, Pizza Inn - Vimarsana News

Q2 sales drop at Pie Five, Pizza Inn

Logo: Provided Feb. 5, 2021 Pizza Inn and Pie Five parent company, Rave Restaurant Group Inc., reported Friday that the pandemic severely hurt the brands' Q2 sales, which ended Dec. 27. Pizza Inn reported that comp sales were down 18%, while Pie Five recorded a 16% drop in comp sales. A news release concerning the earnings report did not include the total comp sales quantity for each brand. "While we continue to work through challenges presented by the pandemic, we are seeing strong indications that the team and strategy we've put into place are taking hold and yielding results in repositioni...