Kura Sushi USA, Inc. (KRUS) reported a first-quarter loss of -$3.06 million, or -$0.25 per share, compared to -$0.96 million, or -$0.08 per share, last year. Adjusted earnings were -$2.82 million or -$0.23 per share, missing analysts’ estimates of -$0.18 per share. Revenue for the period increased by 14.0% to $73.46 million from $64.46 million last year. The company provided full-year revenue guidance of $330 million to $334 million.
Read more at Nasdaq MarketSite: Kura Sushi USA, Inc. Q1 Loss Increases, Misses Estimates
