Kura Sushi USA, Inc. - Class A Common Stock (KRUS)
60.72
+0.10 (0.16%)
Kura Sushi USA Inc is a prominent restaurant chain that specializes in serving high-quality Japanese cuisine, particularly sushi
The company is known for its innovative kaiten sushi dining experience, where dishes are delivered on a conveyor belt, allowing customers to select their favorite items as they pass by. Kura Sushi focuses on providing a unique and interactive dining atmosphere while emphasizing freshness and quality in its food offerings. In addition to sushi, the menu features a variety of traditional Japanese dishes, desserts, and beverages, appealing to a wide range of culinary preferences. The brand aims to create a memorable experience for guests through both the taste of its offerings and its distinctive service style.
Restaurants are go-to meeting hubs for friends, family, and colleagues. They’re also more insulated from online competition, which has led to a steady demand versus other retail-oriented businesses like department stores.
This has been appreciated by the market as the industry was up 8.7% over the past six months compared to 6.5% for the S&P 500.
Let’s dig into the relative performance of Cracker Barrel (NASDAQCBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.
Sushi restaurant chain Kura Sushi (NASDAQKRUS) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 25.2% year on year to $64.46 million. On the other hand, the company’s full-year revenue guidance of $277 million at the midpoint came in 0.9% below analysts’ estimates. Its GAAP loss of $0.08 per share was 61.2% above analysts’ consensus estimates.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sit-down dining stocks fared in Q3, starting with Red Robin (NASDAQRRGB).
Kura Sushi currently trades at $101.71 and has been a dream stock for shareholders. It’s returned 297% since December 2019, more tripling the S&P 500’s 91.2% gain. The company has also beaten the index over the past six months as its stock price is up 23% thanks to its solid quarterly results.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Brinker International (NYSEEAT) and the best and worst performers in the sit-down dining industry.
Looking back on sit-down dining stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Kura Sushi (NASDAQKRUS) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including First Watch (NASDAQFWRG) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Texas Roadhouse (NASDAQTXRH) and the best and worst performers in the sit-down dining industry.
Sushi restaurant chain Kura Sushi (NASDAQKRUS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 20.2% year on year to $66.01 million. On the other hand, the company’s full-year revenue guidance of $277 million at the midpoint came in 3.7% below analysts’ estimates. Its GAAP loss of $0.46 per share was 995% below analysts’ consensus estimates.
