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Why Kura Sushi Stock Plummeted Today
KRUSKura Sushi USA(KRUS) The Motley Fool·2024-07-10 22:14

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 ...