KURA SUSHI USA, INC. (KRUS) News
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KRUS News Highlights
- For KRUS, its 30 day story count is now at 20.
- Over the past 22 days, the trend for KRUS's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about KRUS are KURA, NOV and ARCO.
Latest KRUS News From Around the Web
Below are the latest news stories about KURA SUSHI USA INC that investors may wish to consider to help them evaluate KRUS as an investment opportunity.
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Recently, Zacks.com users have been paying close attention to Kura Sushi (KRUS). This makes it worthwhile to examine what the stock has in store.
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Kura Sushi (KRUS) concluded the recent trading session at $52.71, signifying a +0.86% move from its prior day's close.
Kura Sushi USA, Inc. (NASDAQ:KRUS) Q4 2023 Earnings Call Transcript November 11, 2023 Operator: Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Kura Sushi USA, Inc. Fiscal Fourth Quarter 2023 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the lines will […]
Shares of Kura Sushi (NASDAQ: KRUS) were pulling back this week as the restaurant chain known for its revolving sushi bars missed the mark in its fourth-quarter earnings report. As a result, the stock was down 14.5% for the week as of 2:45 p.m. ET, according to data from S&P Global Market Intelligence. Like other restaurant chains, Kura seems to be experiencing a roll-off of the tailwinds from the post-pandemic reopening boom.
Shares of sushi restaurant chain Kura Sushi (NASDAQ: KRUS) dropped on Thursday after it reported financial results for its fiscal fourth quarter of 2023. As of 12:15 a.m. ET, Kura Sushi stock was down about 10%. Kura Sushi stock dropped 12% over the last year and has underperformed the S&P 500.
Shares of sushi restaurant chain Kura Sushi (NASDAQ:KRUS) fell 16.3% in the morning session after the company reported third-quarter results with revenue falling short thanks to worse-than-expected same-store sales growth. Furthermore, its FY 2024 revenue guidance missed Wall Street's estimates. On the other hand, its adjusted EBITDA and EPS slightly topped analysts' expectations. Overall, this was a weak quarter for Kura Sushi, and investors were likely hoping for better guidance.
Q4 2023 Kura Sushi USA Inc Earnings Call
Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) missed analysts' expectations in Q4 FY2023, with revenue up 30.8% year on year to $54.93 million. Its full-year revenue guidance of $240.5 million at the midpoint came in 1.5% below analysts' estimates. Turning to EPS, Kura Sushi made a GAAP profit of $0.25 per share, improving from its profit of $0.20 per share in the same quarter last year.