Rave Restaurant (RAVE) Gross Profit (2010 - 2023)
Rave Restaurant's (RAVE) quarterly Gross Profit came in at $3.0 million in Q2 2023, up 7.97% YoY from $2.8 million in Q2 2022, and up 2.63% on a QoQ basis from $3.0 million in Q1 2023.
Analysis
Rave Restaurant (RAVE) Gross Profit (2010 - 2023) Analysis & Trends
Rave Restaurant (RAVE) has 14 years of Gross Profit data on file, last reported at $3.0 million in Q2 2023.
- Quarterly Gross Profit rose 7.97% year-over-year to $3.0 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $11.5 million (up 7.19% YoY) and the FY2023 annual result came in at $11.9 million, up 11.21% from the prior year.
- Gross Profit rose to $3.0 million in Q2 2023, from $3.0 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $3.0 million in Q2 2023 to a low of $1.5 million in Q2 2020.
- A 5-year average of $2.5 million and a median of $2.6 million in 2019 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2020 — Gross Profit plunged 42.4% — and 2021, when it jumped 53.1%.
- Tracing RAVE's Gross Profit over 5 years: 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 181.97 Bn | 181.15 Bn | 6.42 Bn |
| 2 | Starbucks | 119.42 Bn | 115.81 Bn | 6.49 Bn |
| 3 | Chipotle Mexican Grill | 47.31 Bn | 46.63 Bn | 2.35 Bn |
| 4 | Yum Brands | 41.46 Bn | 40.78 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 28.02 Bn | 26.95 Bn | 1.89 Bn |
| 6 | Darden Restaurants | 25.13 Bn | 24.91 Bn | 3.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn |
| 8 | Yum China Holdings | 15.19 Bn | 13.81 Bn | 2.22 Bn |
| 9 | Texas Roadhouse | 12.44 Bn | 12.24 Bn | 1.44 Bn |
| 10 | Rave Restaurant | 42.99 Mn | 21.28 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 25, 2023 | 3.05 Mn |
| Mar 26, 2023 | 2.97 Mn |
| Jun 26, 2022 | 2.82 Mn |
| Mar 27, 2022 | 2.62 Mn |
| Dec 26, 2021 | 2.70 Mn |
| Sep 26, 2021 | 2.55 Mn |
| Jun 27, 2021 | 2.34 Mn |
| Mar 28, 2021 | 2.11 Mn |
| Dec 27, 2020 | 2.05 Mn |
| Sep 27, 2020 | 1.83 Mn |
| Jun 28, 2020 | 1.53 Mn |
| Mar 29, 2020 | 2.60 Mn |
| Dec 29, 2019 | 2.72 Mn |
| Sep 29, 2019 | 2.74 Mn |
| Jun 30, 2019 | 2.66 Mn |
| Mar 24, 2019 | 2.69 Mn |
| Dec 23, 2018 | 3.02 Mn |
| Sep 23, 2018 | 2.83 Mn |
| Jun 24, 2018 | 2.61 Mn |
| Mar 25, 2018 | 2.37 Mn |