Pie Five restaurant

Pie Five Pizza, Pizza Inn 3Q same-store sales fall

Parent Rave Restaurant Group attributes decline to industry headwinds

Rave Restaurant Group Inc.’s Pie Five Pizza and Pizza Inn brands both saw same-store sales decline in the third quarter amid economic headwinds that the company said Wednesday were being addressed.

Same-store sales fell 4 percent at fast-casual Pie Five and decreased 2.2 percent at domestic Pizza Inn locations in the quarter ended March 27, the company said.

"Comps for the quarter were disappointing,” said Randy Gier, Rave CEO, in a statement with the earn

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