www.muskiejakes.com

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All types of businesses have had a difficult few years, but the restaurant sector was particularly hard affected.

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The coronavirus pandemic forced businesses to close, led to labor shortages, sporadic ingredient scarcity, and more issues that are still lingering nearly three years later. But it looks like at least one pizza purveyor is back on the upswing.

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On September 23, Rave Restaurant Group, Inc. announced a net income for the fourth quarter of 2022 of $6.8 million.

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That represents a significant increase over the $0.9 million net income the business reported for the same period in 2021.

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Additionally, Rave has been extremely active recently on Wall Street, repurchasing $500,000 worth of its shares last quarter and another $1.1 million this quarter.

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Pie Five and Pizza Inn are pizza franchises owned by the Dallas-based business. Pie Five, a fast-casual restaurant chain that specialises in customised pizzas, with 33 locations in 11 states by 2021.

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focused on pan pizza and spaghetti In contrast, as of 2020, Pizza Inn had a staggering 252 sites in the US and 38 abroad.

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Before the pandemic, both brands were in a declining path, and in 2020, there was a lot of turmoil. But as of late, Rave's pizza franchises seem to be doing considerably better.

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Pumpkin Spice Buttermilk Donuts Recipe

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www.muskiejakes.com

These Struggling Pizza Chains Are on a Major Rebound

All types of businesses have had a difficult few years, but the restaurant sector was particularly hard affected.

www.muskiejakes.com

The coronavirus pandemic forced businesses to close, led to labor shortages, sporadic ingredient scarcity, and more issues that are still lingering nearly three years later. But it looks like at least one pizza purveyor is back on the upswing.

www.muskiejakes.com

On September 23, Rave Restaurant Group, Inc. announced a net income for the fourth quarter of 2022 of $6.8 million.

www.muskiejakes.com

That represents a significant increase over the $0.9 million net income the business reported for the same period in 2021.

www.muskiejakes.com

Additionally, Rave has been extremely active recently on Wall Street, repurchasing $500,000 worth of its shares last quarter and another $1.1 million this quarter.

www.muskiejakes.com

Pie Five and Pizza Inn are pizza franchises owned by the Dallas-based business. Pie Five, a fast-casual restaurant chain that specialises in customised pizzas, with 33 locations in 11 states by 2021.

www.muskiejakes.com

focused on pan pizza and spaghetti In contrast, as of 2020, Pizza Inn had a staggering 252 sites in the US and 38 abroad.

www.muskiejakes.com

Before the pandemic, both brands were in a declining path, and in 2020, there was a lot of turmoil. But as of late, Rave's pizza franchises seem to be doing considerably better.

www.muskiejakes.com

Pumpkin Spice Buttermilk Donuts Recipe