Kura Sushi: Overview of First Quarter Financial Results

Kura Sushi USA Reports First Quarter Financial Results

Kura Sushi USA, headquartered in Irvine, California, announced a net loss of $3.1 million for its fiscal first quarter.

The company reported a per-share loss of $0.25, or $0.23 per share after excluding one-time expenses.

During the quarter, Kura Sushi generated $73.5 million in revenue, which was slightly below the $73.9 million anticipated by analysts surveyed by Zacks.

Looking ahead, the company projects its annual revenue will fall between $330 million and $334 million.