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Rave Restaurant (RAVE) Gross Margin (2016 - 2023)

Rave Restaurant (RAVE) has disclosed Gross Margin for 14 consecutive years, with 100.0% as the latest value for Q1 2023.

  • For the quarter ending Q1 2023, Gross Margin rose 4.0% year-over-year to 100.0%, compared with a TTM value of 95.23% through Mar 2023, down 442.0%, and an annual FY2023 reading of 100.0%, up 1.0% over the prior year.
  • Gross Margin was 100.0% for Q1 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.
  • Average Gross Margin over 5 years is 96.26%, with a median of 96.48% recorded in 2020.
  • The sharpest move saw Gross Margin crashed -569bps in 2019, then soared 860bps in 2020.
  • Year by year, Gross Margin stood at 95.94% in 2019, then rose by 1bps to 96.48% in 2020, then grew by 4bps to 100.0% in 2021, then changed by 0bps to 100.0% in 2022, then changed by 0bps to 100.0% in 2023.
  • Business Quant data shows Gross Margin for RAVE at 100.0% in Q1 2023, 100.0% in Q2 2022, and 99.96% in Q1 2022.