Kura Sushi (KRUS) Reports Q3 Loss of $0.05/sh

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Kura Sushi USA Announces Fiscal Third Quarter 2022 Financial Results

July 7, 2022 4:05 PM EDT

IRVINE, Calif., July 07, 2022 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (Kura Sushi or the Company) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today reported fiscal third quarter 2022 financial results for the period ended May 31, 2022.

Fiscal Third Quarter 2022 Highlights 

Total sales were $38.0 million, compared to $18.5 million in the third quarter of 2021;Comparable restaurant sales increased 65% for the third quarter of 2022 as compared to the third quarter of 2021;Operating income was $0.5 million, compared to operating income of $0.9 million in the third quarter of... More