RAVE Restaurant Group recorded $2.878 million in Net Income and $0.20 diluted Earnings per common share for the fiscal year ended June 28, 2026. Adjusted EBITDA increased to $3.9 million from $3.6 million, giving investors the company’s reported profitability and operating-performance measure.

Key Highlights

  • Domestic franchised and licensed operations ended the year with 104 units and $120,725 thousand in system-wide retail sales.
  • International franchised restaurants totaled 18 units and $5,597 thousand in system-wide retail sales.
  • The company identifies Cybersecurity threats, third-party controls and employee-targeted unauthorized access among its principal risks.

RAVE Restaurant Group, Inc. (NASDAQ: RAVE) recorded $2,878,000 in net income available to common shareholders for the fiscal year ended June 28, 2026, while diluted earnings per common share were $0.20. Adjusted EBITDA rose to $3.9 million from $3.6 million in the prior fiscal year. The reported results include 104 domestic franchised and licensed units, alongside 18 international franchised restaurants.

Profit And Per-Share Results

Net income available to common shareholders was $2,878,000 for the fiscal year. Basic weighted-average common shares were 14,212,000, while diluted weighted-average common shares outstanding reached 14,304,000. Diluted earnings per common share stood at $0.20. The company also reported zero potentially issuable employee stock-option shares excluded from diluted weighted-average shares because they had no intrinsic value.

Domestic Retail Sales Breakdown

Domestic franchised and licensed operations comprised 91 Pizza Inn units and 13 Pie Five units. Their combined unit count was 104, with system-wide retail sales of $120,725 thousand. Pizza Inn represented 91 domestic units and $112,125 thousand in system-wide retail sales. Pie Five contributed 13 domestic units and $8,600 thousand in system-wide retail sales. International franchised operations added 18 Pizza Inn units and $5,597 thousand in system-wide retail sales. Pie Five had no international units or system-wide retail sales in the reported table. International restaurants were located in foreign countries predominantly in the Middle East.

The company describes EBITDA as earnings before interest, taxes, Depreciation and amortization. The filing says Adjusted EBITDA is used to provide an operating-performance measure that excludes non-operational or non-recurring expenses and to support evaluation of operating performance, Business strategies, Capital needs, budgeting and planning.

Cybersecurity Risks Identified

RAVE identifies cybersecurity threats, including risks from previous incidents, as a potential risk to its business strategy, results of operations and financial condition. The filing says such threats have not materially affected those areas and are not reasonably likely to do so. The company uses security tools and procedures intended to protect, detect, investigate, respond to and recover from vulnerabilities and cybersecurity incidents. Its information security department is led by the IT Support Associate Director and overseen by an IT Steering Committee comprising Associate IT Directors, the CEO and CFO. Third-party vendors support cybersecurity risk identification, mitigation and remediation. The provider performs quarterly vulnerability scans of the hosted data environment and corporate data network, as well as regular firewall scans. The company also uses third-party software to monitor for viruses, malicious software, harmful executable files and other cybersecurity risks. Employee-targeted unauthorized access remains a stated concern.