Rave Restaurant Gr Q4 EPS $0.04 Down From $0.38 YoY, Sales $3.05M Up From $2.82M YoY
Portfolio Pulse from Benzinga Newsdesk
Rave Restaurant Gr (NASDAQ:RAVE) reported Q4 earnings of $0.04 per share, a decrease of 89.47% YoY. However, the company's sales increased by 7.97% YoY to $3.05 million.
September 21, 2023 | 1:08 pm
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Rave Restaurant Gr's Q4 earnings decreased significantly by 89.47% YoY, but sales increased by 7.97% YoY.
The significant decrease in earnings could negatively impact the stock price in the short term. However, the increase in sales might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100