Pizza Inn

Financing

Earnings roundup: Fatburger, El Pollo Loco and Pizza Inn

Fat Brands has some trouble with the weather; strong results from El Pollo Loco and Rave Restaurant Group wants some remodels.

Leadership

Pizza Inn parent Rave Restaurant Group upgrades leadership team

The Dallas-based pizza restaurant operator, which also owns Pie Five, has six new executives in place in preparation for planned expansion.

Parent company Rave Restaurant Group said it made about $600,000 during its second quarter, about twice its net income from a year ago.

The pizza buffet chain has signed a 50-unit deal with an operator to expand in the Middle Eastern kingdom.

The pizza buffet chain plans to operate as a virtual brand out of its fast-casual sister chain starting next year.

Sirloin steak is a new option for the chain’s pizza and handheld Melts for a limited time.

Rave Restaurant Group repurchased shares for the first time in a decade last year as its profitability improved, as did sales at its chains, including Pie Five.

The pizza chain changed everything from its store design to its new logo. The first unit will open in North Carolina this year.

The struggling chain added more buffet locations last year for the first time in nearly a quarter-century. It also has a new design it hopes will generate more growth.

Parent company Rave Restaurant Group closed another five locations of the chain during the second quarter.

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