Some unusual news from across the Pacific Ocean combined with a bullish new analyst take to make the company a hot item with investors. While there was little news of note directly concerning Japanese restaurant chain operator Kura Sushi USA (KRUS 9.43%) over the past few days, an analyst's move on the stock and a bit of unusual news from its parent company combined to blast the stock higher. It had booked a nearly 24% gain in price week to date as of early Friday morning, according to data compiled by S&P ...

IRVINE, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced that it will participate in the following investor conferences: On Wednesday, September 11, 2024, the Company will host a fireside chat at the Piper Sandler Growth Frontiers Conference in Nashville, TN. Kura's discussion will begin at 9:00 a.m. CT and will be webcast live on our corporate website at www.kurasushi.com under t ...

Kura Sushi (KRUS -16.08%) stock plunged in Wednesday's trading. The sushi chain's share price ended the daily session down, according to data from S&P Global Market Intelligence. Kura stock just took a double-digit plunge, even though sales are growing quickly. Kura Sushi stock buckles under margin pressures Even though the company increased its revenue roughly 28% year over year to reach approximately $63.1 million, the margin picture is triggering an uptick in bearish sentiment on Wall Street. Across the ...

Operating Highlights Adjusted EBITDA in the fiscal third quarter amounted to $4.5 million compared with $5.1 million in the prioryear quarter. Store Developments Kura Sushi currently carries a Zacks Rank #5 (Strong Sell). The Zacks Consensus Estimate for EAT's 2024 sales and earnings per share (EPS) indicates 5.2% and 43.1% growth, respectively, from the year-earlier actuals. The Zacks Consensus Estimate for LOCO's 2025 sales and EPS indicates 3.8% and 9.9% growth, respectively, from the prior-year figures. ...

Loading... Loading... U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday. Shares of Kura Sushi USA, Inc. KRUS fell sharply in today's pre-market trading after the company posted downbeat results for its third quarter on Tuesday. Kura Sushi reported quarterly earnings of $0.00 per share which missed the analyst consensus estimate of $0.01. The company reported quarterly sales of $63.082 million which missed the analyst consensus estimate of $63.101 mill ...

Kura Sushi USA, Inc. (NASDAQ:KRUS) Q3 2024 Earnings Conference Call July 9, 2024 5:00 PM ET Company Participants Benjamin Porten - SVP, Investor Relations & System Development Hajime Jimmy Uba - President & Chief Executive Officer Jeff Uttz - Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Jon Tower - Citi Jeremy Hamblin - Craig-Hallum Todd Brooks - The Benchmark Company Matt Curtis - William Blair George Kelly - Roth Capital Partners Operator Good afternoon, ladies and gen ...

Subject to certain conditions set forth in the JOBS Act, we are also eligible for and intend to take advantage of certain exemptions from various reporting requirements applicable to other public companies that are not emerging growth companies, including (i) the exemption from the auditor attestation requirements with respect to internal control over financial reporting under Section 404 of the Sarbanes-Oxley Act, (ii) the exemptions from say-on-pay, say-on-frequency and say-on-golden parachute voting requ ...

Other costs as a percentage of sales increased to 14.4% compared to 12.5% in the third quarter of 2023. The increase was primarily driven by advertising and promotion, software licenses, repairs and maintenance, utilities, operating supplies and travel expenses. Conference Call Non-GAAP Financial Measures Kura Sushi USA, Inc. Statements of Operations and Comprehensive (Loss) Income (in thousands, except per share amounts; unaudited) Kura Sushi USA, Inc. Reconciliation of Operating (Loss) Income to Restauran ...

IRVINE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that Treasa Bowers has been appointed to serve as an independent member of the Board of Directors effective July 9, 2024. Ms. Bowers has also been appointed to the Audit Committee and Compensation Committee of the Board of Directors. Hajime Uba, President, Chief Executive Officer and Chairman of Kura Sushi, stated, "We are de ...

Ms. Bowers is the Executive Vice President and Chief Human Resources Officer for 7-Eleven, Inc., where she leads the company's talent strategy, overseeing talent acquisition, talent management, training and development, total rewards and employee relations. Ms. Bowers currently serves on CSN's Diversity and Inclusion Advisory Board, as well as the Boards of Directors of Scholarship America and the Global Leadership Enhancement and Mentoring Network. Hajime Uba, President, Chief Executive Officer and Chairma ...