Kura Sushi USA Inc. (KRUS) PT Raised to $102 at Benchmark

Benchmark analyst Todd Brooks raised the price target on Kura Sushi USA Inc. (NASDAQ: KRUS) to $102.00 (from $85.00) while maintaining a Buy rating.

The analyst comments "► After the market close on July 8th, Kura Sushi (KRUS) reported F3Q25 (May) operating results that reflected better than expected results on all line items, with revenue of $74M beating consensus of $71.8M, RLOM of 18.2% coming in 50bps above consensus, and AEPS and AEBITDA of $0.05 and $5.4M respectively besting consensus of $(0.01) and $4.8M. SSS of (2.1)% were in line with consensus, and management communicated that they saw sequential acceleration in SSS across the quarter, supporting increased FY25 revenue guidance. We are maintaining our Best Idea designation of KRUS and raising our PT to $102. ► Guidance Update. Management updated elements of prior FY25 (August) guidance including revenues of $281M (vs. $275M-$279M prior) and 15 net new opening (vs. 14 prior). G&A was guided to be “less than 13% for FY25” vs. our prior model of 13.5%."

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