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

Rave Restaurant's (RAVE) quarterly Gross Margin came in at 100.0% in Q2 2023, little changed YoY from 100.0% in Q2 2022, and little changed on a QoQ basis from 100.0% in Q1 2023.

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

Rave Restaurant (RAVE) has 14 years of Gross Margin data on file, last reported at 100.0% in 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 little changed at 100.0% in Q2 2023, from 100.0% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2021 to a low of 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 slumped 569 bps — and 2020, when it surged 860 bps.
  • Tracing RAVE's Gross Margin over 5 years: 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn 90.42%
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn 69.66%
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn 70.33%
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn 67.73%
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn 74.80%
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn 98.84%
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 74.80%
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn 70.75%
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 85.89%
10 Rave Restaurant 43.20 Mn 31.20 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%