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RAVE Restaurant Group, Inc. Reports Fourth Quarter Financial Results

Retrieved on: 
Tuesday, September 21, 2021

DALLAS, Sept. 21, 2021 /PRNewswire/ -- RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for thefourth quarterended June 27, 2021.

Key Points: 
  • DALLAS, Sept. 21, 2021 /PRNewswire/ -- RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for thefourth quarterended June 27, 2021.
  • Pie Five comparable store retail sales increased 36% in the fourth quarter of fiscal 2021 compared to the same period of the prior year.
  • Cash and cash equivalents increased $1.8 million during the fourth quarter of fiscal 2021 to $8.3 million at June 27, 2021.
  • "Our fourth quarter net income of $.9M marks the fifth consecutive quarter of positive income, showing sequential improvement each quarter, in a pandemic, while running a buffet brand.

Santa Margherita USA Celebrates Inaugural National Chianti Day

Retrieved on: 
Friday, September 4, 2020

MIAMI BEACH, Fla., Sept. 4, 2020 /PRNewswire/ --Santa Margherita USA is thrilled to announce the founding of National Chianti Day to honor its Santa Margherita Chianti Classico Riserva, a wine that embodies the traditions of Tuscany and the Chianti Classico region in Italy.

Key Points: 
  • MIAMI BEACH, Fla., Sept. 4, 2020 /PRNewswire/ --Santa Margherita USA is thrilled to announce the founding of National Chianti Day to honor its Santa Margherita Chianti Classico Riserva, a wine that embodies the traditions of Tuscany and the Chianti Classico region in Italy.
  • Santa Margherita USA also represents a selection of other Chianti wines under its umbrella, inclusive of Lamole di Lamole Chianti Classico, Lamole di Lamole Chianti Classico Riserva, and Lamole di Lamole Chianti Classico Riserva 'Gran Selezione.'
  • The Santa Margherita Chianti Classico Riserva is from a single vineyard called Salcentino located just outside of the town of Panzano.
  • "The Chianti Classico wines are a labor of love created with care, tradition and authenticity," said Vincent Chiaramonte, President and CEO of Santa Margherita USA.