Core Viewpoint - Kura Sushi reported a quarterly loss of 0.08, marking a significant earnings surprise of -75% [1] Financial Performance - The company posted revenues of 57.29 million year-over-year [2] - Over the last four quarters, Kura Sushi has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Kura Sushi shares have declined approximately 52.2% since the beginning of the year, compared to a decline of 13.9% for the S&P 500 [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for it to outperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is 72.97 million, and for the current fiscal year, it is 282.47 million [7] - The outlook for the Retail - Restaurants industry, to which Kura Sushi belongs, is currently in the bottom 28% of Zacks industries, which may impact stock performance [8]
Kura Sushi (KRUS) Reports Q2 Loss, Lags Revenue Estimates