RAVE Restaurant Group (NASDAQ: RAVE) reported fiscal 2026 revenue of $12.9 million and net income of $2.9 million for the year ended June 28, 2026. Diluted earnings per share were $0.20, compared with $0.19 in fiscal 2025.
Fourth-quarter revenue rose 8.8% year over year to $3.4 million, while quarterly net income declined 6.2% to $0.8 million. The company also disclosed that its board engaged Hagan Law Group to investigate allegations raised by Chief Executive Officer Brandon Solano.
- Fiscal 2026 revenue increased from $12.0 million in fiscal 2025.
- Fiscal 2026 net income increased from $2.7 million in the prior year.
- Operating income was $3.5 million and income before taxes was $3.9 million.
- Cash and short-term investments totaled $13.6 million as of June 28, 2026.
- Pizza Inn domestic comparable-store sales increased 2.4% for the fiscal year, while Pie Five domestic comparable-store sales declined 9.9%.
- Pizza Inn ended the quarter with 91 domestic units and 18 international units; Pie Five had 13 domestic units.
$RAVE Hedge Fund Activity
We have seen 17 institutional investors add shares of $RAVE stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SABER CAPITAL MANAGMENT, LLC added 541,014 shares (+337.1%) to their portfolio in Q2 2026, for an estimated $1,769,115
- RENAISSANCE TECHNOLOGIES LLC added 91,088 shares (+51.4%) to their portfolio in Q2 2026, for an estimated $297,857
- CITADEL ADVISORS LLC removed 51,862 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $137,434
- XTX TOPCO LTD added 27,093 shares (+193.1%) to their portfolio in Q2 2026, for an estimated $88,594
- GEODE CAPITAL MANAGEMENT, LLC added 21,283 shares (+19.5%) to their portfolio in Q2 2026, for an estimated $69,595
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 19,280 shares (-62.7%) from their portfolio in Q2 2026, for an estimated $63,045
- TWO SIGMA SECURITIES, LLC removed 18,607 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $60,844
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
