Rave Restaurant (RAVE) Gross Margin (2010 - 2023)

Rave Restaurant (RAVE) posted Gross Margin of 100.0% for Q2 2023, little changed on a QoQ basis from 100.0% in Q1 2023, and little changed year-over-year from 100.0% in Q2 2022.

Rave Restaurant (RAVE) Gross Margin (2010 - 2023) Analysis & Trends

Rave Restaurant's Gross Margin history runs 14 years deep, the most recent figure standing at 100.0% for Q2 2023.

  • Quarterly Gross Margin changed 0.0% year-over-year to 100.0% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 96.39% (down 360.0% YoY) and the FY2023 annual result came in at 100.0%, up 1.0% from the prior year.
  • Gross Margin was 100.0% for Q2 2023 at Rave Restaurant, roughly flat from 100.0% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q3 2021 and bottomed at 86.78% in Q2 2019.
  • A 5-year average of 96.49% and a median of 96.5% in 2020 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2019 — Gross Margin sank 569 bps — and 2020, when it surged 860 bps.
  • Rave Restaurant's Gross Margin stood at 95.94% in 2019, then climbed by 1 bps to 96.48% in 2020, then gained by 4 bps to 100.0% in 2021, then changed by 0 bps to 100.0% in 2022, then changed by 0 bps to 100.0% in 2023.
  • Business Quant data shows RAVE's Gross Margin at 100.0% in Q2 2023, 100.0% in Q1 2023, and 100.0% in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 66.34%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 84.44%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 67.12%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 94.61%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 98.84%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 70.56%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 86.00%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 40.04%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 23.14%
10 Rave Restaurant 44.48 Mn 32.48 Mn - -

Historic Data

Download Data
DateValue
Jun 25, 2023 100.00%
Mar 26, 2023 100.00%
Jun 26, 2022 100.00%
Mar 27, 2022 99.96%
Dec 26, 2021 100.00%
Sep 26, 2021 100.00%
Jun 27, 2021 98.53%
Mar 28, 2021 96.52%
Dec 27, 2020 96.48%
Sep 27, 2020 95.90%
Jun 28, 2020 94.68%
Mar 29, 2020 96.16%
Dec 29, 2019 95.94%
Sep 29, 2019 95.34%
Jun 30, 2019 86.78%
Mar 24, 2019 87.56%
Dec 23, 2018 94.55%
Sep 23, 2018 94.68%
Jun 24, 2018 92.46%
Mar 25, 2018 88.78%