Rave Restaurant Group Inc (RAVE) Sector
Consumer Discretionary

(Current) $2.93
0.30 (11.41%) Open Price: 2.62

 

Rave Restaurant Group Inc. is an American restaurant company that operates two distinct pizza brands: Pizza Inn and Pie Five Pizza. Founded in 1958 and headquartered in Dallas, Texas, the company offers a diverse range of pizza styles and dining experiences to cater to different customer preferences.

 

Pizza Inn, one of Rave's flagship brands, is a traditional pizza chain that has been serving classic and specialty pizzas for decades. With a focus on dine-in, delivery, and carryout options, Pizza Inn caters to families, groups, and individuals looking for a variety of pizza flavors in a casual and comfortable setting.

 

Pie Five Pizza, on the other hand, represents a more contemporary and customizable approach to pizza dining. The brand offers fast-casual, made-to-order pizzas that customers can personalize with a wide range of toppings and sauces. Pie Five's emphasis on speed and customization appeals to the on-the-go consumer seeking a quick and tailored pizza experience.

 

Rave Restaurant Group's strategy includes expanding its footprint through franchising and licensing agreements, allowing both Pizza Inn and Pie Five Pizza to reach a broader audience across the United States and internationally. This approach aligns with the company's goal of offering different pizza concepts to cater to various tastes and preferences.

 

Rave has incorporated technology, such as online ordering and mobile apps, to enhance convenience and accessibility for its patrons. This tech-savvy approach is particularly appealing to modern diners who value convenience and efficiency.

 



 

(10/16/24) $2.62
(10/18/24) $2.63
(10/18/24) (Qty.)45,674
(10/16/24) $2.46
(10/16/24) $2.78
(09/29/24) $2.00
(10/13/24) $2.84
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