RAVE's Earnings, Revenues Rise in Fiscal 2024, Drive Its Stock Up

Rave Restaurant Group, Inc. (RAVE) reported earnings per share (EPS) of 6 cents in the fourth quarter of fiscal 2024, which increased 50% year over year. Full-year EPS was 17 cents, up 70% compared with that at the end of the comparable fiscal 2023 period. RAVE's Revenues in Detail Rave Restaurant registered revenues of $3.4 million in the fiscal fourth quarter, up $0.3 million year over year. Lower revenues from the Pie Five Franchising segment dampened the topline. Full-year revenues were $12.2 million, r ...