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Added to YB: 2024-06-18

Pitch date: 2024-06-14

RAVE [bullish]

Rave Restaurant Group, Inc.

+76.34%

current return

Author Info

No bio for this author

Company Info

Rave Restaurant Group, Inc., through its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out, express restaurants, and ghost kitchens under the Pizza Inn and Pie Five trademarks in the United States and internationally.

Market Cap

$44.1M

Pitch Price

$1.84

Price Target

N/A

Dividend

N/A

Sector

Hotels, Restaurants and Leisure

Category

turnaround

Show full summary:
Rave Restaurant Group

RAVE: Franchisor of ~125 Pizza Inn buffets in SE US. New CEO Solano (ex-Domino's) driving turnaround since 2019. $27M market cap, $6.3M cash, no debt, $2.2M TTM earnings (+20% YoY). 13% SSS growth, believes store count can 10x. Upside if Solano repeats Domino's success.

Read full article (1 min)