Kura Sushi (KRUS) Tops Q4 EPS by 11c, Beats on Revenue; Offers FY25 Revenue Guidance
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Kura Sushi USA Announces Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results
November 6, 2024 4:06 PM ESTIRVINE, Calif., Nov. 06, 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 fourth quarter and fiscal year ended August 31, 2024.
Fiscal Fourth Quarter 2024 Highlights
Total sales were $66.0 million, compared to $54.9 million in the fourth quarter of 2023;Comparable restaurant sales decreased 3.1% for the fourth quarter of 2024 as compared to the fourth quarter of 2023;Operating loss was $5.8 million, compared to operating income of $2.2 million in the fourth... More