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Kura Sushi USA, Inc. - $KRUS STOCK NEWS

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Rhea-AI Summary
Kura Sushi USA, Inc. reports strong financial results for the fiscal second quarter of 2024, with total sales of $57.3 million, a 3.0% increase in comparable restaurant sales, and an operating loss of $1.7 million. The company opened five new restaurants during the quarter and reiterates its guidance for the full fiscal year of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.97%
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Rhea-AI Summary
Kura Sushi USA, Inc. announces a conference call to discuss fiscal second quarter 2024 financial results. The call will be hosted by the company's executives and will provide insights into their performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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Rhea-AI Summary
Kura Sushi USA, Inc. (NASDAQ: KRUS) reported a strong start to fiscal 2024 with total sales of $51.5 million, a 3.8% increase in comparable restaurant sales, and an operating loss of $2.8 million. The company opened four new restaurants and expects to open 12-14 new restaurants in 2024, with total sales projected between $239 million and $244 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.67%
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Rhea-AI Summary
Kura Sushi USA, Inc. (NASDAQ: KRUS) will host a conference call to discuss fiscal first quarter 2024 financial results on January 4, 2024, at 5:00 p.m. ET. The call will be led by President and CEO Hajime 'Jimmy' Uba, CFO Jeff Uttz, and SVP Investor Relations & System Development Benjamin Porten.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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Rhea-AI Summary
Kura Sushi USA, Inc. (KRUS) announced strong fiscal fourth quarter and fiscal year 2023 financial results, with total sales reaching $54.9 million and $187.4 million respectively. Comparable restaurant sales increased by 6.5% and 9.5% for the fourth quarter and fiscal year, while net income saw a significant rise. The company also provided a positive outlook for fiscal year 2024, expecting total sales between $238 million and $243 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.54%
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Rhea-AI Summary
Kura Sushi USA, Inc. (NASDAQ: KRUS) announces participation in investor conferences, including the 2023 Stephens Annual Investment Conference and Barclays Eat, Sleep, Play Conference. The discussions will be available on the corporate website for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
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conferences
Rhea-AI Summary
Kura Sushi USA, Inc. to host conference call to discuss fiscal fourth quarter and fiscal year 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.38%
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Rhea-AI Summary
Kura Sushi USA, Inc. will host a conference call to discuss fiscal third quarter 2023 financial results on July 6, 2023. A press release with financial results will be issued that same day. Interested parties may listen to the conference call via telephone or access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.99%
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conferences
Kura Sushi USA, Inc.

Nasdaq:KRUS

KRUS Rankings

KRUS Stock Data

1.19B
5.36M
46.26%
68.42%
12.89%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
IRVINE

About KRUS

kura sushi usa, inc. operates technology-enabled japanese restaurants in the united states. the company's restaurants offer japanese cuisine through a revolving sushi service model. it operates 28 restaurants across six states. the company was formerly known as kula sushi usa, inc. and changed its name to kura sushi usa, inc. in october 2017. the company was founded in 2008 and is headquartered in irvine, california. kura sushi usa, inc. is a subsidiary of kura sushi, inc.