Filing Analysis
Rave Restaurant Group, Inc. reported its financial results for the third fiscal quarter ended March 29, 2026. The announcement was made through a press release issued on May 7, 2026.
📋 Key Facts
- The filing reports financial results for the third fiscal quarter ended March 29, 2026.
- The press release was issued and the 8-K was filed on May 7, 2026.
- The report was filed under Item 2.02 (Results of Operations and Financial Condition).
Rave Restaurant Group, Inc. has dismissed its independent registered public accounting firm, Whitley Penn LLP, and appointed Bodwell Vasek Wells DeSimone, LLP (BVWD) as its new auditor, effective February 10, 2026.
🚩 Red Flags
- Auditor change without a disclosed restatement can sometimes be a precursor to reporting issues, though the company explicitly denies disagreements.
- The timing of an auditor change in February (mid-fiscal year) may cause delays in upcoming quarterly filings if the new auditor requires significant transition work.
📋 Key Facts
- Dismissed Whitley Penn LLP as the independent registered public accounting firm effective February 10, 2026.
- Engaged Bodwell Vasek Wells DeSimone, LLP (BVWD) as the new independent auditor effective February 10, 2026.
- The company stated there were no disagreements with Whitley Penn regarding accounting principles, practices, financial statement disclosure, or auditing scope/procedures.
- Whitley Penn's reports for fiscal years ended June 29, 2025, and June 30, 2024, did not contain adverse opinions, disclaimers, or qualifications.
Rave Restaurant Group, Inc. filed an 8-K to announce its second fiscal quarter results for the period ended December 28, 2025.
📋 Key Facts
- Reporting date: February 5, 2026
- Fiscal period covered: Second fiscal quarter ended December 28, 2025
- The filing includes a press release regarding financial results (Exhibit 99.1)
Rave Restaurant Group, Inc. held its Annual Meeting of Shareholders on December 9, 2025. The meeting resulted in the election of four directors and the ratification of Whitley Penn LLP as independent accountants for fiscal 2026.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- Annual Meeting held on December 9, 2025.
- 4 directors elected: Clinton J. Coleman, William C. Hammett, Jr., Robert B. Page, and Mark E. Schwarz.
- Whitley Penn LLP ratified as independent registered public accounting firm for fiscal 2026.
- The 2025 Long Term Incentive Plan (LTIP) was approved by shareholders.
- Shareholders also approved the authority to adjourn the meeting if necessary.
Rave Restaurant Group, Inc. filed an 8-K to announce its first fiscal quarter results for the period ended September 28, 2025. The filing serves as a formal announcement of the company's quarterly financial performance.
📋 Key Facts
- Reporting period: First fiscal quarter ended September 28, 2025.
- Filing date: November 6, 2025.
- The filing includes a press release (Exhibit 99.1) detailing financial results.
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its financial results for the fourth fiscal quarter and the full fiscal year ended June 29, 2025.
📋 Key Facts
- Report date: September 25, 2025
- Reporting period covered: Fourth fiscal quarter and fiscal year ended June 29, 2025
- The filing serves as a vehicle to attach the press release containing financial results (Exhibit 99.1)
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its third fiscal quarter financial results for the period ended March 30, 2025.
📋 Key Facts
- Report date: May 8, 2025
- Fiscal Period: Third Fiscal Quarter ended March 30, 2025
- The filing serves to accompany a press release (Exhibit 99.1) regarding results of operations and financial condition.
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its second fiscal quarter financial results for the period ended December 29, 2024.
📋 Key Facts
- Report date: February 6, 2025
- Reporting Period: Second fiscal quarter ended December 29, 2024
- The filing serves as a vehicle to distribute the press release containing financial results (Exhibit 99.1).
Rave Restaurant Group, Inc. held its Annual Meeting of Shareholders on December 10, 2024, where shareholders approved a complex reverse/forward stock split proposal. The meeting also included the election of directors and ratification of independent accountants.
🚩 Red Flags
- Approval of a 1-for-1,000 reverse stock split (typically used to combat low share prices or prevent delisting).
- The structure of a 'reverse then forward' split is highly unusual and often indicates an attempt to manipulate the nominal share price while maintaining market capitalization.
📋 Key Facts
- Annual Meeting held on December 10, 2024.
- Shareholders approved a 1-for-1,000 reverse stock split followed immediately by a 1,000-for-1 forward stock split.
- Whitley Penn LLP was ratified as the independent registered public accounting firm for fiscal 2025.
- Four directors were elected: Clinton J. Coleman, William C. Hammett, Jr., Robert B. Page, and Mark E. Schwarz.
- 9,189,512 shares voted in favor of the Reverse/Forward Stock Split Proposal.
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its financial results for the first fiscal quarter ended September 29, 2024.
📋 Key Facts
- Report date: November 7, 2024
- Reporting period: First fiscal quarter ended September 29, 2024
- The filing serves to accompany a press release regarding results of operations and financial condition (Exhibit 99.1).
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its financial results for the fourth quarter and fiscal year ended June 30, 2024.
📋 Key Facts
- Report date: September 26, 2024
- Reporting period: Fourth quarter and fiscal year ended June 30, 2024
- The filing serves as a vehicle to attach Exhibit 99.1 (Press Release) containing the financial results.
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its third fiscal quarter financial results for the period ended March 24, 2024.
📋 Key Facts
- Report date: May 2, 2024
- Reporting Period: Third fiscal quarter ended March 24, 2024
- The filing serves to accompany a press release regarding financial results (Exhibit 99.1).
Rave Restaurant Group, Inc. announced the appointment of Jay Rooney as its new Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer, effective March 25, 2024.
📋 Key Facts
- Jay Rooney appointed as CFO on March 25, 2024.
- Rooney's base annual salary is $225,000 with a target discretionary bonus of 30% of base salary.
- Rooney brings extensive multi-unit restaurant experience, including nearly 20 years at Brinker International and most recent role as CFO for Dickey’s Capital Group.
- The employment agreement includes participation in the Company's 2015 Long Term Incentive Plan.
Rave Restaurant Group, Inc. filed an 8-K to announce the release of its financial results for the second fiscal quarter ended December 24, 2023.
📋 Key Facts
- Report date: February 1, 2024
- Reporting period: Second fiscal quarter ended December 24, 2023
- The filing serves to accompany a press release (Exhibit 99.1) regarding results of operations and financial condition.