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

Rave Restaurant has reported Gross Margin for 14 years, with the latest figure at 100.0% in Q2 2023.

• For the quarter ending Q2 2023, Gross Margin changed 0.0% year-over-year to 100.0%; the trailing twelve-month figure through Jun 2023 stood at 96.39% (down 360.0% YoY), and the FY2023 full-year result was 100.0%, up 1.0% from the prior year.
• Gross Margin for Q2 2023 stood at 100.0%, roughly flat from 100.0% in the prior quarter.
• The five-year high for Gross Margin was 100.0% in Q3 2021, with the low at 86.78% in Q2 2019.
• Historically, Gross Margin has averaged 96.49% across 5 years, with a median of 96.5% in 2020.
• Annual changes were most pronounced in 2019 — Gross Margin slumped 569 bps — and 2020, when it surged 860 bps.
• Rave Restaurant's Gross Margin stood at 95.94% in 2019, then gained by 1 bps to 96.48% in 2020, then increased 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.
• The last three Gross Margin figures came in at 100.0% (Q2 2023), 100.0% (Q1 2023), and 100.0% (Q2 2022), per Business Quant data.