Kura Sushi USA, Inc. - Class A Common Stock (KRUS)
42.73
-4.70 (-9.90%)
NASDAQ · Last Trade: Apr 4th, 7:10 PM EDT
Detailed Quote
Previous Close
47.42
Open
44.71
Bid
41.27
Ask
46.21
Day's Range
40.03 - 45.06
52 Week Range
45.24 - 121.99
Volume
635,316
Market Cap
461.73M
PE Ratio (TTM)
-61.92
EPS (TTM)
-0.7
Dividend & Yield
N/A (N/A)
1 Month Average Volume
310,828
Chart
About Kura Sushi USA, Inc. - Class A Common Stock (KRUS)
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. Read More
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 Kura Sushi (NASDAQ:KRUS) and the best and worst performers in the sit-down dining industry.
Kura Sushi’s stock price has taken a beating over the past six months, shedding 32.5% of its value and falling to $54.36 per share. This may have investors wondering how to approach the situation.
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 (NASDAQ:CBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.
Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) 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 (NASDAQ:RRGB).
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 (NYSE:EAT) 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 (NASDAQ:KRUS) and its peers.
