---
title: "Fast Casual: Pie Five, Pizza Inn Q3 Results Show Bleeding Continues, But Net Loss Narrows"
url: https://burnaze.com/article/001ec989-c12f-4b50-970c-300cd9d2e09d
source: "1851 Franchise"
original_url: https://1851franchise.com/fast-casual-pie-five-pizza-inn-q3-results-show-bleeding-continues-but-net-loss-narrows-2706512
category: "Restaurants"
industry: "Restaurants"
topics: ["Finance & M&A"]
published: 2018-05-10T22:17:26.000Z
modified: 2026-11-01T02:42:58.147Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/cd67c378a5d32f47445521277f11de7a453.jpg
---

# Fast Casual: Pie Five, Pizza Inn Q3 Results Show Bleeding Continues, But Net Loss Narrows

**TL;DR:** Pie Five and Pizza Inn, Rave Restaurant Group pizza chains, continued to experience a decline in sales in Q3, but the net loss narrowed. The brand leadership teams are focusing on improving operations to turn things around.

*originally published in 1851 Franchise on 2018-05-10. [Read the original](https://1851franchise.com/fast-casual-pie-five-pizza-inn-q3-results-show-bleeding-continues-but-net-loss-narrows-2706512).*

## Story

Pie Five and Pizza Inn have been experiencing a decline in sales for several months. According to a recent article in Fast Casual , the losses continued but slowed for these Rave Restaurant Group pizza chains in Q3.

"Last quarter was transitional as we streamlined operations and strengthened both Rave brands by prioritizing revenues and profitability for our franchisees overgrowth. Our targeted plan is progressing towards a solid foundation for future growth," said CEO Scott Crane.

In order to help turn things around, the brand leadership teams are focusing on improving the efficiency and effectiveness of operations.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- FastCasual (publication)
- Pizza Inn (company)
- RAVE Restaurant Group (company)
- Pie Five Pizza (company)
- q3 results (topic)
- sales decline (topic)
- operational improvement (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/fast-casual-pie-five-pizza-inn-q3-results-show-bleeding-continues-but-net-loss-narrows-2706512). Summarized by Burnaze (https://burnaze.com/article/001ec989-c12f-4b50-970c-300cd9d2e09d).