Rave Restaurant Group (RAVE) Q4 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2026 earnings summary
24 Sep, 2026Executive summary
Achieved fifth consecutive year of buffet unit count and same store sales growth at Pizza Inn.
Fiscal 2026 pre-tax profit reached $3.9 million, the highest in 23 years.
Signed a 10-buffet development agreement for Pizza Inn, with five openings expected in fiscal 2027.
Financial highlights
Q4 net income was $0.8 million, down 6.2% year-over-year; annual net income rose to $2.9 million from $2.7 million.
Q4 revenue increased 8.8% to $3.4 million; annual revenue grew to $12.9 million, up $0.9 million from prior year.
Adjusted EBITDA for Q4 was $1.2 million (+4.9% YoY); annual Adjusted EBITDA reached $3.9 million (+$0.3 million YoY).
Q4 EPS was $0.06 (flat YoY); annual EPS was $0.20, up from $0.19.
Cash and short-term investments totaled $13.6 million at year-end, up $3.7 million YoY.
Outlook and guidance
Pizza Inn targets accelerated store growth in fiscal 2027, with multiple new openings planned.
New product launches and marketing partnerships, including with Dr. Pepper and the SEC, are expected to drive engagement.
Latest events from Rave Restaurant Group
- Shareholders will vote on director elections, auditor ratification, and a reverse/forward stock split.RAVE
Proxy filing - Net income up 22.6% to $645,000, revenue up 5.3%, with strong Pizza Inn sales and $10.6M cash.RAVE
Q1 2026 - Revenue up 6% to $3.0M; net income up 4.9%; Pizza Inn expands; strong liquidity.RAVE
Q2 2026 - Q3 net income up 10.4% to $0.7M, revenue flat, driven by promotions and operational gains.RAVE
Q3 2025 - Annual net income rose 56% to $2.5M, with strong cash growth and ongoing brand initiatives.RAVE
Q4 2024 - Fiscal 2025 saw higher net income, strong cash growth, and robust Pizza Inn sales momentum.RAVE
Q4 2025 - Revenue and net income increased, driven by Pizza Inn growth and strong cash reserves.RAVE
Q3 2026 - Net income rose 36% to $526,000 on stable revenue, with strong liquidity and ongoing innovation.RAVE
Q1 2025 - Revenue and net income grew, Adjusted EBITDA surged, Pizza Inn up, Pie Five down.RAVE
Q2 2025