Kura Sushi Reports Q3 Earnings and Provides Fiscal Year Guidance
Kura Sushi reported third-quarter sales of $85.9 million, a 16% increase year-over-year, but saw comparable restaurant sales decline by 0.4%. The company improved its operating profit margin to 19.1%, while adjusted EBITDA rose over 20% to $6.6 million.
Tickers: $KRUS
Topics: comparable_sales cost_management pricing_strategy profit_margin restaurant_sales