Kura Sushi reports Q2 earnings missing estimates, revenues down year over year.

From Nasdaq: 2025-04-09 08:29:00

KRUS reported Q2 fiscal 2025 results with earnings and revenues missing estimates. The top line increased year over year, but the bottom line fell. Despite short-term sales pressure due to weather challenges, management remains confident in the company’s strategic direction. KRUS plans to open 14 new restaurants in fiscal year 2025.

In Q2, KRUS reported an adjusted loss per share of 14 cents, wider than estimates. Revenues of $64.9 million missed expectations by 2%. Comparable restaurant sales fell 5.3% YoY. Operating profit remained almost flat at $11.2 million. The company’s cash and cash equivalents increased to $85.2 million by Feb. 28, 2025.

For fiscal 2025, KRUS expects sales of $275-$279 million with general and administrative expenses at around 13.5% of sales. The company opened five new restaurant locations in Q2 and plans to open a total of 14 new restaurants in fiscal 2025. KRUS currently carries a Zacks Rank #2 (Buy).

Other top-ranked stocks in the Retail-Wholesale sector are BJRI, PTLO, and EAT. BJRI currently has a Zacks Rank #1 (Strong Buy) and PTLO has a Zacks Rank #1. EAT carries a Zacks Rank #2. The stocks have delivered varying earnings surprises and stock performance in recent periods.



Read more at Nasdaq: Kura Sushi Q2 Earnings Miss Estimates, Revenues Fall Y/Y