RAVE RESTAURANT GROUP INC
For the period ended Sep 29, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 29, 2024 · Filed Nov 7, 2024
RAVE$2.16+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONDENSEDCONSOLIDATED STATEMENTS OFINCOME
(Inthousands, except per share amounts)
| Three Months Ended | ||
|---|---|---|
| September 29, 2024 | September 24, 2023 | |
| REVENUES | $3,050 | $3,087 |
| COSTS AND EXPENSES | ||
| General and administrative expenses | 1,416 | 1,319 |
| Franchise expenses | 995 | 1,172 |
| Provision (recovery) for credit losses | (17) | 25 |
| Interest income | (82) | (2) |
| Depreciation and amortization expense | 43 | 55 |
| Total costs and expenses | 2,355 | 2,569 |
| INCOME BEFORE TAXES | 695 | 518 |
| Income tax expense | 169 | 132 |
| NET INCOME | $526 | $386 |
| INCOME PER SHARE OF COMMON STOCK | ||
| Basic | $0.04 | $0.03 |
| Diluted | $0.04 | $0.03 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING | ||
| Basic | 14,587 | 14,154 |
| Diluted | 14,799 | 14,762 |
Index
CONDENSEDCONSOLIDATED
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