Kura Sushi USA Reports Q3 Earnings with Improved Profitability and Revised Sales Outlook
Kura Sushi USA reported fiscal third-quarter sales of $85.9 million, up from the prior year, despite a slight decline in comparable restaurant sales due to traffic weakening caused by macroeconomic pressures and competition for consumer spending. The company improved its restaurant-level operating margin to 19.1% and adjusted EBITDA rose to $6.6 million.
Tickers: $KRUS
Topics: comparable sales operating margins restaurant industry tariffs