RAVE (Rave Restaurant Group) Gross Profit : $8.77 Mil (TTM As of Dec. 2024)

Rave Restaurant Group Gross Profit Chart

Rave Restaurant Group Annual Data
	Trend	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23	Jun24
Gross Profit		Get a 7-Day Free Trial					6.50	5.94	7.41	7.93	8.49

Rave Restaurant Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Profit	Get a 7-Day Free Trial															1.90	2.15	2.53	2.06	2.04

Competitive Comparison of Rave Restaurant Group's Gross Profit

For the Restaurants subindustry, Rave Restaurant Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rave Restaurant Group's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Rave Restaurant Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Rave Restaurant Group's Gross Profit falls into.

Rave Restaurant Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Rave Restaurant Group's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Rave Restaurant Group's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.77 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Rave Restaurant Group's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Rave Restaurant Group  (NAS:RAVE) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Rave Restaurant Group had a gross margin of 71.10% for the quarter that ended in Dec. 2024 => Durable competitive advantage

Rave Restaurant Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Rave Restaurant Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Rave Restaurant Group Business Description