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| Date | Value |
|---|---|
| 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% |