Company Analysis

Rave Restaurant Group, Inc. (RAVE)

Nasdaq: RAVE · Wholesale-Groceries & Related Products · The Colony, TX · filing with the SEC since 1995
Grade6.4
◀ Past 3.2● Present 7.2▶ Future 7.9
1 est.

The grade of Rave Restaurant Group, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past3.225% of the headline
● Present7.245% of the headline
▶ Future7.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.2/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.5/10

Has it survived what it has been through?

11 warning events since 2017; the latest 2026-02-17.

weight 45% of this tense · 15th percentile among 36 sector filers · read for itself

From the record

Rave Restaurant Group, Inc.'s filings since 2017 show 11 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2022-06-23); a warning not to rely on past financial statements (8-K item 4.02, the latest 2020-03-13); an auditor change (8-K item 4.01, 4 times, the latest 2026-02-17) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.0/10

What has it actually done, year after year?

-2% a year over 9 filed years; profitable in 7 of 9.

weight 33% of this tense · 30th percentile among 35 sector filers · read for its customers

From the record

Rave Restaurant Group, Inc.'s 9 filed years say what it did: revenue went from $15 million in fiscal 2018 to $13 million in fiscal 2026, down 2% a year; it rose in 4 of 8 years; the deepest fall was 43% from fiscal 2018 to fiscal 2021; net income was positive in 7 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-2.0%bottom 21% of its family
  • the share of years revenue rosebottom 37% of its family
  • the share of filed years with a profitbottom 43% of its family
  • the deepest fall from a revenue peak43.2%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.0/10

How has it treated the people who own it?

Share count shrank 3.5% a year. 12% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 70th percentile among 25 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-28, Rave Restaurant Group, Inc.'s diluted share count shrank about 3.5% a year, and dividends and buybacks returned about 12% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-16 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 11% of its family
  • cash returned against operating cash flowtop 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.2/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
8.7/10

Is it financially healthy right now?

ROE 17%: 17¢ of profit per shareholder dollar. Leverage 11%: owes 11¢ per asset dollar.

weight 33% of this tense · 87th percentile among 33 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-28, Rave Restaurant Group, Inc. earned about 17 cents of profit for every dollar of shareholders' money. Leverage: it owed about 11 cents per dollar of assets, and net share issuance: its share count shrank 1.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 5% of its family
  • return on equitytop 5% of its family
  • the share count against the year beforetop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.7/10

How strong is its position in its industry?

top 43% of 35 in its family; net margin 22.3%.

weight 45% of this tense · 57th percentile among 35 sector filers · read for its customers

From the record

Rave Restaurant Group, Inc.'s standing among 35 graded names in its industry family: revenue of $13 million in fiscal 2026 ranks in the bottom 10% by size; a net margin of 22.3% ranks in the top 1%; revenue growth of 2.8% a year over the last 3 filed years ranks in the top 39% (its annual reports).

What it rests on

  • revenue against the family$12.9Mbottom 10% of its family
  • net margin22.3%top 1% of its family
  • three-year revenue growth2.8%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
8.0/10

What are the people in charge doing?

SI estimate 8.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 80th percentile among 25 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the chief executive's years under the title, which ranks in the top 20% of 25 in its family; fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
What the record cannot read
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
How it was reasoned
one part: the chief executive's years on the record, the one part on file, ranked among 25 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Rave Restaurant Group, Inc.'s leadership is put at 8.0 of 10 with a confidence of 35 of 100, because read from one part only, the chief executive's years under the title, which ranks in the top 20% of 25 in its family; fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.5/10

How much room does it have to grow?

top 15% of 35 in its family for room to expand.

weight 33% of this tense · 85th percentile among 35 sector filers · read for itself

From the record

Rave Restaurant Group, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $1 million against no long-term debt tagged leaves 5.7% of its assets as net cash, top 28% of its family; cash from operations less capital spending is 27.1% of revenue (top 1%) (its annual report).

What it rests on

  • cash less debt against assets5.7%top 28% of its family
  • cash from operations less capital spending against revenue27.1%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.9/10

What could actually drive growth from here?

top 31% of 35 in its family for growth drivers.

weight 33% of this tense · 69th percentile among 35 sector filers · read for its customers

From the record

Rave Restaurant Group, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 2.8% a year over the last three filed years against -2% over all 9, speeding up (top 4% of its family); the newest year grew 7.3% (top 24%); capital spending grew -9% a year (bottom 36%) (its annual reports). Rave Restaurant Group, Inc. reported 2 lines of business in fiscal 2026: Pizza Inn Franchising at $12 million (93%), Pie Five Franchising at $915 thousand (7%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+4.7 points a yeartop 4% of its family
  • the newest year's revenue growth7.3%top 24% of its family
  • three-year growth of capital spending-9.0%bottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.4/10

Did its newest year beat what its own record pointed to?

top 16% of 32 in its family for expectations against reality.

weight 33% of this tense · 84th percentile among 32 sector filers · read for its shareholders

From the record

Rave Restaurant Group, Inc.'s newest year against its own record: revenue of $13 million in fiscal 2026 came in 6.6% above the $12 million its prior three years' pace pointed to (top 20% of its family); net income of $3 million against a prior three-year average of $2 million (top 20%); a net margin of 22.3% against 18.8% before (top 8%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace6.6%top 20% of its family
  • net income against the prior three years' average+27%top 20% of its family
  • net margin against its prior average+3.5 pointstop 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RAVE · research, not advice