Kura Sushi (KRUS) Misses Q2 EPS by 6c, Offers Guidance

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Kura Sushi USA Announces Fiscal Second Quarter 2024 Financial Results

April 4, 2024 4:05 PM EDT

IRVINE, Calif., April 04, 2024 (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 second quarter ended February 29, 2024.

Fiscal Second Quarter 2024 Highlights

Total sales were $57.3 million, compared to $43.9 million in the second quarter of 2023;Comparable restaurant sales increased 3.0% for the second quarter of 2024 as compared to the second quarter of 2023;Operating loss was $1.7 million, compared to operating loss of $1.0 million in the second quarter of... More