--- title: "Rave Restaurant | 8-K: FY2026 Q3 Revenue: USD 3.223 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285558355.md" datetime: "2026-05-07T13:05:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285558355.md) - [en](https://longbridge.com/en/news/285558355.md) - [zh-HK](https://longbridge.com/zh-HK/news/285558355.md) --- # Rave Restaurant | 8-K: FY2026 Q3 Revenue: USD 3.223 M Revenue: As of FY2026 Q3, the actual value is USD 3.223 M. EPS: As of FY2026 Q3, the actual value is USD 0.06. EBIT: As of FY2026 Q3, the actual value is USD 859 K. ### Third Quarter Fiscal 2026 Highlights (compared to prior year period) - Net Income: $0.8 million, an increase of 10.8% . - Income Before Taxes: $1.1 million, an increase of 11.1% . - Total Revenue: Increased by $0.3 million to $3.2 million, an 8.7% increase . - Adjusted EBITDA: Increased by $0.2 million to $1.1 million, a 16.4% increase . - Pizza Inn Domestic Comparable Store Retail Sales: Increased 2.3% . - Pie Five Domestic Comparable Store Retail Sales: Decreased 11.6% . - Cash and Short-term Investments: Totaled $12.0 million on March 29, 2026 . - Pizza Inn Domestic Unit Count: 97, including 82 buffet locations . - Pizza Inn International Unit Count: 18 . - Pie Five Domestic Unit Count: 14 . ### Condensed Consolidated Statements of Income (in thousands) #### Three Months Ended March 29, 2026 vs. March 30, 2025 - General and administrative expenses: $1,468 vs $1,313 . - Franchise expenses: $747 vs $768 . - Provision (recovery) for credit losses: $9 vs - $14 . - Depreciation and amortization expense: $42 vs $44 . - Total costs and expenses: $2,266 vs $2,111 . - OPERATING INCOME: $957 vs $855 . - Interest income: $98 vs $84 . - Other income: $0 vs $11 . - INCOME BEFORE TAXES: $1,055 vs $950 . - Income tax expense: $255 vs $228 . - NET INCOME: $800 vs $722 . #### Nine Months Ended March 29, 2026 vs. March 30, 2025 - General and administrative expenses: $4,365 vs $4,047 . - Franchise expenses: $2,516 vs $2,592 . - Provision (recovery) for credit losses: $20 vs - $22 . - Depreciation and amortization expense: $126 vs $140 . - Total costs and expenses: $7,027 vs $6,757 . - OPERATING INCOME: $2,451 vs $2,128 . - Interest income: $280 vs $253 . - Other income: $17 vs $15 . - INCOME BEFORE TAXES: $2,748 vs $2,396 . - Income tax expense: $666 vs $541 . - NET INCOME: $2,082 vs $1,855 . ### Condensed Consolidated Balance Sheets (in thousands) #### As of March 29, 2026 vs. June 29, 2025 - Cash and cash equivalents: $1,145 vs $2,859 . - Short-term investments: $10,855 vs $7,024 . - Total current assets: $14,360 vs $11,493 . - Total assets: $18,581 vs $16,557 . - Total current liabilities: $1,664 vs $1,740 . - Total liabilities: $2,134 vs $2,403 . - Total shareholders’ equity: $16,447 vs $14,154 . ### Condensed Consolidated Statements of Cash Flows (in thousands) #### Nine Months Ended March 29, 2026 vs. March 30, 2025 - Cash provided by operating activities: $2,050 vs $2,202 . - Cash used in investing activities: - $3,764 vs - $2,967 . - Cash used in financing activities: $0 vs - $1,387 . - Net decrease in cash and cash equivalents: - $1,714 vs - $2,152 . - Cash and cash equivalents, end of period: $1,145 vs $734 . ### Adjusted EBITDA Reconciliation (in thousands) #### Three Months Ended March 29, 2026 vs. March 30, 2025 - Net income: $800 vs $722 . - Interest income: - $98 vs - $84 . - Income taxes: $255 vs $228 . - Depreciation and amortization: $42 vs $44 . - EBITDA: $999 vs $910 . - Stock-based compensation expense: $111 vs $52 . - Severance: $8 vs $7 . - Franchisee default and closed store revenue: - $9 vs - $16 . - Adjusted EBITDA: $1,109 vs $953 . #### Nine Months Ended March 29, 2026 vs. March 30, 2025 - Net income: $2,082 vs $1,855 . - Interest income: - $280 vs - $253 . - Income taxes: $666 vs $541 . - Depreciation and amortization: $126 vs $140 . - EBITDA: $2,594 vs $2,283 . - Stock-based compensation expense: $211 vs $178 . - Severance: $14 vs $12 . - Franchisee default and closed store revenue: - $28 vs $7 . - Adjusted EBITDA: $2,791 vs $2,480 . ### Outlook / Guidance Rave Restaurant Group, Inc. anticipates continued positive trends and profitability, driven by successful new restaurant openings and reimaging initiatives . 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