Rave 3Q loss widens on impairment charges

Rave 3Q loss widens on impairment charges

Pizza Inn brand shows signs of stability

Rave Restaurant Group Inc. reported a deeper net loss for its third quarter ended March 29, despite strong same-store sales increases for both its Pizza Inn and Pie Five brands.

The Dallas-based company reported a net loss of $570,000, or a loss of 6 cents per share, compared with a loss of $451,000 million, or a loss of 5 cents per share, a year ago.

Adjusting for $0.3 million in impairment charges, the company reported net income of $0.1 million.

Rave CEO R

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