Founded in 1958, Dallas-based RAVE Restaurant Group owns, operates and franchises over 200 Pie Five Pizza, Pizza Inn and PIE restaurants domestically and internationally. Pie Five Pizza is a leader in the fast-casual pizza space offering made-to-order pizzas ready in under five minutes. Pizza Inn is an international chain featuring freshly made pizzas, along with salads, pastas, and desserts. PIE is a kiosk concept that offers a fast, convenient way to serve customers the same iconic, quality pizza they have come to expect from Pizza Inn.
Company profile
Ticker
RAVE
Exchange
Website
CEO
Brandon L. Solano
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Sysco • US Foods Holding • Dominos Pizza • Alkame • Cuentas • HF Foods • Alkaline Water Company Inc • Veroni Brands • Sino Green Land • Loha ...
Former names
PIZZA INN HOLDINGS, INC /MO/, PIZZA INN INC /MO/
SEC CIK
Corporate docs
Subsidiaries
Pizza Inn, Inc. • Pie Five Pizza Company, Inc. • (d/b/a Pie Five Pizza Company • Pie Five Restaurants, Inc. • PIBC Holding, Inc. • Pizza Inn Beverage Corp. • Pie Five Beverage Corp. ...
IRS number
453189287
RAVE stock data
Latest filings (excl ownership)
8-K
RAVE Restaurant Group, Inc. Reports Third Quarter Results
4 May 23
10-Q
2023 Q3
Quarterly report
4 May 23
8-K
RAVE Restaurant Group, Inc. Reports Second Quarter Results
2 Feb 23
10-Q
2023 Q2
Quarterly report
2 Feb 23
8-K
Changes in Registrant's Certifying Accountant
10 Jan 23
8-K
Entry into a Material Definitive Agreement
23 Dec 22
8-K
Submission of Matters to a Vote of Security Holders
8 Dec 22
8-K
RAVE Restaurant Group, Inc. Reports First Quarter Results
3 Nov 22
10-Q
2023 Q1
Quarterly report
3 Nov 22
DEFA14A
Additional proxy soliciting materials
19 Oct 22
Transcripts
RAVE
Earnings call transcript
2020 Q2
12 Feb 20
RAVE
Earnings call transcript
2020 Q1
13 Nov 19
RAVE
Earnings call transcript
2019 Q4
30 Sep 19
RAVE
Earnings call transcript
2019 Q3
10 May 19
RAVE
Earnings call transcript
2019 Q2
6 Feb 19
RAVE
Earnings call transcript
2019 Q1
11 Nov 18
RAVE
Earnings call transcript
2018 Q4
25 Sep 18
RAVE
Earnings call transcript
2018 Q3
11 May 18
RAVE
Earnings call transcript
2018 Q2
7 Feb 18
RAVE
Earnings call transcript
2018 Q1
11 Nov 17
Latest ownership filings
4/A
Change in insider ownership (amended)
21 Dec 22
4
Change in insider ownership
21 Dec 22
4
Change in insider ownership
21 Dec 22
4
Change in insider ownership
21 Dec 22
4
Brandon Solano
10 Nov 22
4
PARTNERS L P NEWCASTLE
27 Jun 22
4
CLINTON DAYNE FENDLEY
14 Jun 22
4
MICHAEL F BURNS JR
14 Jun 22
4
Brandon Solano
14 Jun 22
4
PARTNERS L P NEWCASTLE
9 Jun 22
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Jun 22 | Jun 21 | Jun 20 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 3.87 mm | 3.87 mm | 3.87 mm | 3.87 mm | 3.87 mm | 3.87 mm |
| Cash burn (monthly) | (no burn) | 280.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 668.94 k | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 3.20 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 11.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
8.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 21 |
| Opened positions | 7 |
| Closed positions | 2 |
| Increased positions | 4 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 1.11 bn |
| Total shares | 1.15 mm |
| Total puts | 100.00 |
| Total calls | 51.90 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 267.53 k | $422.70 mm |
| Renaissance Technologies | 264.86 k | $418.00 k |
| Watchman | 178.25 k | $281.64 mm |
| Geode Capital Management | 137.41 k | $217.00 k |
| Corsair Capital Management | 93.78 k | $148.17 mm |
| Citadel Advisors | 33.05 k | $52.22 mm |
| STT State Street | 30.53 k | $48.24 mm |
| BLK Blackrock | 29.26 k | $46.23 mm |
| Acadian Asset Management | 27.18 k | $42.00 k |
| NTRS Northern Trust | 23.45 k | $37.06 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Dec 22 | HALLMARK INSURANCE Co OF TEXAS AMERICAN | Common Stock | Sell | Dispose S | No | No | 1.6 | 1,741,230 | 2.79 mm | 0 |
| 21 Dec 22 | Hallmark Specialty Insurance | Common Stock | Sell | Dispose S | No | No | 1.6 | 252,428 | 403.88 k | 0 |
| 21 Dec 22 | Hallmark Insurance | Common Stock | Sell | Dispose S | No | No | 1.6 | 252,428 | 403.88 k | 0 |
| 9 Nov 22 | Brandon Solano | Common Stock | Buy | Acquire P | No | No | 1.57 | 24,650 | 38.70 k | 89,319 |
Press releases
In honor of Memorial Day, Pizza Inn Announces Partnership with Wounded Warrior Project and Introduces "Raise a Glass to Freedom" Promotion
29 May 23
Reimaged Pizza Inn Prototype Unveiled With Opening of Buffet-Style Restaurant in Asheboro, North Carolina
24 May 23
New Pepp Rally Pizza Offers Enhanced Taste, Texture, and Overall Appeal of Conventional Pepperoni Pizza
15 May 23
Pizza Inn Reenters Texoma Market With Today's Opening of New Buffet-Style Restaurant
9 May 23
RAVE Restaurant Group, Inc. Reports Third Quarter Results
4 May 23