BUZZ-Kura Sushi USA up after better-than-expected Q1 sales

Reuters
08 Jan
BUZZ-Kura Sushi USA up after better-than-expected Q1 sales

** Shares of Japanese restaurant Kura Sushi USA KRUS.O rise 4.72% to $107 in extended trading

** Company posts Q1 revenue of $64.5 mln vs Wall Street expectations of $61.7 mln

** Records Q1 loss of 8 cents per share vs 18 cents per share last year

** However, company's 2025 sales forecast range of $275 to $279 mln is below analyst expectations of $280 mln

** Five of nine brokerages rate the stock "buy" or higher, four "hold"; their median PT is $108, according to data compiled by LSEG

(Reporting by Aishwarya Jain in Bengaluru)

((Aishwarya.Jain@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10