Kura Sushi USA, Inc. (KRUS) is scheduled to report first-quarter fiscal 2025 results on Jan. 7. In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 350%.KRUS’ Q1 EstimatesThe Zacks Consensus Estimate for loss is pegged at 24 cents per share. In the prior-year quarter, the company reported an adjusted loss per share of 18 cents.The consensus mark for revenues is pegged at $61.7 million, which indicates a gain of 19.8% from the year-ago figure.Stay up-to-date with all qua ...

In 2024, one of the major trends that few mainstream headlines discuss is the wide performance gap between small caps and large caps. Momentum trades like Tesla ( TSLA ) and Palantir ( PLTR ) haveWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He ha ...

IRVINE, Calif., Dec. 23, 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 host a conference call to discuss fiscal first quarter 2025 financial results on Tuesday, January 7, 2025 at 5:00 p.m. ET. A press release with fiscal first quarter 2025 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime “Jimmy” Uba, Pre ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Kura Sushi (KRUS) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Kura Sushi Performance Metrics - Kura Sushi shares have increased by 4.21% over the past week, while the Zacks Retail - Restaurants industry has decreased by 0.53% during the same period [5] - Over the last quarter, Kura Sushi shares have risen by 75.04%, and by 52.47% over the past year, significantly outperforming the S&P 500, which has moved 7.91% and 40.48% respectively [6] - The average 20-day trading volume for Kura Sushi is 109,620 shares, indicating a bullish sign when combined with rising stock prices [7] Group 3: Earnings Outlook - Recent earnings estimate revisions for Kura Sushi show one upward revision and no downward revisions, improving the consensus estimate from -$0.33 to -$0.26 over the past 60 days [9] - For the next fiscal year, there has been one upward estimate revision with no downward changes, indicating positive momentum in earnings outlook [9] - Kura Sushi is rated as a 2 (Buy) stock with a Momentum Score of A, suggesting it is a promising pick for near-term investment [9]

Core Viewpoint - Kura Sushi (KRUS) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook for its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Recent Performance and Outlook - Kura Sushi is projected to earn -$0.26 per share for the fiscal year ending August 2024, reflecting a year-over-year change of -285.7% [8]. - Over the past three months, the Zacks Consensus Estimate for Kura Sushi has increased by 85.1%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - Kura Sushi's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Kura Sushi (KRUS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Kura Sushi is one of 212 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the ...

IRVINE, Calif., Oct. 21, 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 host a conference call to discuss fiscal fourth quarter and fiscal year 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. ET. A press release with fiscal fourth quarter and fiscal year 2024 financial results will be issued that same day after the market closes. Hosting the conference call and we ...

Kura Sushi USA, Inc. (KRUS) is likely to benefit from technological initiatives and strategic expansion. The company's strong financial position with no debt bodes well. However, challenging macroeconomic environment and elevated labor costs are concerns. Growth Catalysts for KRUS Stock KRUS continues to innovate and leverage technology to enhance customer experience and drive growth. The company recently completed the rollout of its smartphone mobile ordering system and is preparing to introduce a reservat ...

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 ...