- Rave Restaurant Group Inc's RAVE subsidiary Pizza Inn has signed a multi-unit development agreement with Franchisees Charlie and Jeannie Clark.
- Under the agreement, four new Pizza Inn stores are planned in North Texas, with the first expected to open its doors in Sherman, Texas, in the fall of 2021.
- "RAVE is proud to partner with Franchisees like Charlie and Jeannie who have strong operations and are committed to excellence," said RAVE Restaurant's Chief Operations Officer Mike Burns.
- Price action: RAVE shares are trading higher by 3.17% at $1.30 on the last check Tuesday.
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