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

Rave Restaurant has reported Gross Profit for 14 years, with the latest figure at $3.0 million in Q2 2023.

• For the quarter ending Q2 2023, Gross Profit rose 7.97% year-over-year to $3.0 million; the trailing twelve-month figure through Jun 2023 stood at $11.5 million (up 7.19% YoY), and the FY2023 full-year result was $11.9 million, up 11.21% from the prior year.
• Gross Profit for Q2 2023 stood at $3.0 million, up from $3.0 million in the prior quarter.
• The five-year high for Gross Profit was $3.0 million in Q2 2023, with the low at $1.5 million in Q2 2020.
• Historically, Gross Profit has averaged $2.5 million across 5 years, with a median of $2.6 million in 2019.
• Annual changes were most pronounced in 2020 — Gross Profit plunged 42.4% — and 2021, when it jumped 53.1%.
• Rave Restaurant's Gross Profit stood at $2.7 million in 2019, then declined by 24.38% to $2.1 million in 2020, then surged by 31.32% to $2.7 million in 2021, then increased by 4.71% to $2.8 million in 2022, then gained by 7.97% to $3.0 million in 2023.
• The last three Gross Profit figures came in at $3.0 million (Q2 2023), $3.0 million (Q1 2023), and $2.8 million (Q2 2022), per Business Quant data.