Monitor Q1 fiscal 2027 comparable-store sales trends for Pizza Inn and Pie Five to see if the Q4 declines reverse. The 10-buffet development agreement and CEO harassment complaint introduce both growth potential and governance overhang.
Price Chart
Executive Summary
RAVE reported fiscal Q4 2026 revenue of $3.4M (+8.8% YoY) and diluted EPS of $0.06 (flat YoY). Full-year net income rose to $2.9M ($0.20 diluted EPS vs $0.19 prior year), but comparable-store sales declined at both Pizza Inn (-2.8%) and Pie Five (-17.3%) in Q4. The filing also discloses a formal workplace harassment complaint by the CEO against the Board, adding governance risk.
Key Financial Metrics
Key Facts
- Q4 total revenue $3.4M, up 8.8% YoY
- Q4 net income $0.8M, down 6.2% YoY
- Q4 diluted EPS $0.06, flat YoY
- Full-year revenue $12.9M, up 7.2% YoY
- Full-year net income $2.9M, up 6.5% YoY
- Full-year diluted EPS $0.20 vs $0.19 prior year
- Pizza Inn domestic comparable-store sales -2.8% in Q4 (vs +6.3% prior year)
- Pie Five domestic comparable-store sales -17.3% in Q4 (vs -7.2% prior year)
- Cash and short-term investments $13.6M, up $3.7M during fiscal 2026
- CEO filed formal workplace harassment complaint against Board on Aug 31, 2026
- Pizza Inn signed 10-buffet development agreement; first 5 expected in fiscal 2027
Financial Impact
Full-year revenue growth of $0.9M (+7.2%) and net income growth of $0.2M (+6.5%) are modest positives, offset by Q4 comparable-store sales declines at both brands.
Risk Factors
- CEO harassment complaint against Board could lead to management disruption or litigation costs
- Pie Five comparable-store sales declining 17.3% in Q4 signals brand weakness
- Pizza Inn comparable-store sales turning negative after prior year growth
- Small market cap and low liquidity amplify stock moves on any news
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3368385 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | DEFA14A | $2.20 | awaiting T+20 | — | $2.22 (+0.91%) |
Oct 23, 2026 4d ago | DEF 14A | $2.20 | awaiting T+20 | — | $2.22 (+0.91%) |
Sep 24, 2026 4w ago | 8-K | $2.29 $2.20 | ▼ −3.93% | ▼ −3.51% | $2.22 (−3.06%) |
Sep 24, 2026 4w ago | Press Release | $2.29 $2.20 | ▼ −3.93% | ▼ −3.51% | $2.22 (−3.06%) |
May 7, 2026 24w ago | 8-K | $2.91 $2.81 | ▼ −3.44% | ▼ −6.57% | $2.22 (−23.71%) |
May 7, 2026 24w ago | Press Release | $2.91 $2.81 | ▼ −3.44% | ▼ −6.57% | $2.22 (−23.71%) |
US Market Status
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