Kura Sushi (KRUS) Misses Q1 EPS by 2c

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Go back to Kura Sushi (KRUS) Misses Q1 EPS by 2c

Kura Sushi USA Announces Fiscal First Quarter 2023 Financial Results

January 5, 2023 4:05 PM EST

IRVINE, Calif., Jan. 05, 2023 (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, 2022.

Fiscal First Quarter 2023 Highlights        

Total sales were $39.3 million, compared to $29.8 million in the first quarter of 2022;Comparable restaurant sales increased 6.9% for the first quarter of 2023 as compared to the first quarter of 2022;Operating loss was $2.2 million, compared to operating loss of $1.3 million in the first quarter of 2022;Net... More