Middle Coast Investing Closed its Short Position in Kura Sushi (KRUS)

Middle Coast Investing, an investment advisor firm, released its fourth-quarter investor letter. A copy of the letter can be downloaded here. It was a strong quarter for the strategy which outperformed the S&P 500 and the Russell 2000. However, in full year 2024, the strategy beat the Russell 2000, the most relevant benchmark, but trailed […]

Yahoo | January 9, 2025

Kura Sushi USA, Inc. (KRUS) Q1 2025 Earnings Call Transcript

Kura Sushi USA, Inc. (KRUS)

Q1 2025 Earnings Conference Call

January 07, 2025 05:00 PM ET

Company Participants

Benjamin Porten - SVP, IR and System Development

Hajime Jimmy Uba - President and CEO

Jeff Uttz - CFO

Conference Call Participants

Jeremy Hamblin - Craig-Hallum Capital Group

Jeffrey Bernstein - Barclays

Jon Tower - Citi

Brian Mullan - Piper Sandler

Sharon Zackfia - William Blair

Mark Smith - Lake Street Capital

Jim Sanderson - Northcoast Research

George Kelly - ROTH Capital Partners

Todd Brooks - Benchmark Company

Presentation

Operator

Good afternoon ladies and gentlemen, and thank you for stand...

SA Transcripts on Seeking Alpha | January 8, 2025

Q1 2025 Kura Sushi USA Inc Earnings Call

Q1 2025 Kura Sushi USA Inc Earnings Call

Yahoo | January 8, 2025

Kura Sushi Q1 Earnings & Revenues Surpass Estimates, Rise Y/Y

KRUS' fiscal first-quarter top line reflects strong comps growth, courtesy of successful One Piece and Pikmin IP collaboration campaigns.

Yahoo | January 8, 2025

Kura Sushi USA Inc (KRUS) Q1 2025 Earnings Call Highlights: Strong Sales Growth and Strategic ...

Kura Sushi USA Inc (KRUS) reports a 1.8% increase in comparable sales and opens six new units, while maintaining a robust cash position with $107 million and no debt.

Yahoo | January 8, 2025

Kura Sushi (KRUS) Reports Q1 Loss, Tops Revenue Estimates

Kura Sushi (KRUS) delivered earnings and revenue surprises of 66.67% and 4.52%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | January 7, 2025

Kura Sushi: Fiscal Q1 Earnings Snapshot

KRUS) on Tuesday reported a loss of $961,000 in its fiscal first quarter. On a per-share basis, the Irvine, California-based company said it had a loss of 8 cents. The company posted revenue of $64.5 million in the period, topping Street forecasts.

Yahoo | January 7, 2025

Kura Sushi (NASDAQ:KRUS) Beats Expectations in Strong Q4, Stock Soars

Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 25.2% year on year to $64.46 million. On the other hand, the company’s full-year revenue guidance of $277 million at the midpoint came in 0.9% below analysts’ estimates. Its GAAP loss of $0.08 per share was 61.2% above analysts’ consensus estimates.

Yahoo | January 7, 2025

Kura Sushi USA Announces Fiscal First Quarter 2025 Financial Results

IRVINE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2024. Fiscal First Quarter 2025 Highlights Total sales were $64.5 million, compared to $51.5 million in the first quarter of 2024;Comparable restaurant sales increased 1.8% for the first quarter of 2025 as compared to the first quarter of 2024;Opera

Yahoo | January 7, 2025

Kura Sushi (KRUS) Reports Earnings Tomorrow: What To Expect

Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) will be announcing earnings results tomorrow after the bell. Here’s what investors should know.

Yahoo | January 6, 2025