But it looks like at least one pizza purveyor is back on the upswing.
Both brands were trending downward before the pandemic and experiencedmajor instability in 2020.
Now, however, Rave’s pizza chains appear to be doing much better.
Pie Five Pizza/ Facebook
According toRestaurant Business, Pizza Inn’s same-store sales are up 13% on a three-year basis as well.
Another positive sign: The brand openednew buffet locationsfor the first time in years in 2021.
All of these updates are intended to prioritize and improve the dine-in experience for customers.
The brand has experienced more than a few setbacks in recent years.
Since 2018, the Pie Five chain has shuttered about half of its locations.
Those changes will largely be “operational and hospitality improvements.”
For example, the brand plans to ditch large pies and make investments in other menu alterations.
“Similarly, Pie Five is undergoing significant investment and changes.
Despite being a work in progress, things are looking up for both Pizza Inn and Pie Five.
Today, the stock is trading at around $1.35 per share.
