Kura Sushi USA Fiscal Q3 Adjusted Earnings Fall, Revenue Rises; Lowers Fiscal 2026 Sales Guidance
Kura Sushi USA (KRUS) reported fiscal Q3 adjusted net income late Tuesday of $0.03 per diluted share, down from $0.05 a year earlier. Analysts polled by FactSet expected a loss of $0.01. Sales for the quarter ended May 31 were $85.9 million, up from $74.0 million a year earlier. Analysts polled by FactSet expected $86.5 million. The company lowered its full-year fiscal 2026 sales guidance to $330.5 million to $331.5 million from $333 million to $335 million previously. Analysts polled by FactSet expect $334.1 million. Shares of Kura Sushi USA were down 10% in after-hours activity.
Kura Sushi USA (KRUS) reported fiscal Q3 adjusted net income late Tuesday of $0.03 per diluted share, down from $0.05 a year earlier.
Analysts polled by FactSet expected a loss of $0.01.
Sales for the quarter ended May 31 were $85.9 million, up from $74.0 million a year earlier.
Analysts polled by FactSet expected $86.5 million.
The company lowered its full-year fiscal 2026 sales guidance to $330.5 million to $331.5 million from $333 million to $335 million previously.
Analysts polled by FactSet expect $334.1 million.
Shares of Kura Sushi USA were down 10% in after-hours activity.