Kura Sushi USA, Inc. (KRUS, Financial) saw a significant stock price increase of 5.10%. The stock reached $94.22 per share with a trading volume of 86,445 shares, representing a turnover rate of 0.77% and a price swing of 6.60%.
The latest financial reports show Kura Sushi USA, Inc. reported revenue of $63.08 million and a net loss of $558,000, translating to earnings per share of -$0.05. Despite a challenging market environment with a price-to-earnings ratio of -3131.33, market analysts remain optimistic. Out of nine institutions, 56% have rated the stock as a buy, while 44% recommend holding.
Within the restaurant industry, the general stock increase was marginal at 0.01%. Some notable upsides were seen in stocks such as Rave Restaurant Group, Inc. and others, while companies like Champs Élysées and Dine Brands Global Inc remained actively traded, showing notable turnover and price fluctuations.
Kura Sushi USA, Inc. operates as a Japanese restaurant company, renowned for its conveyor belt sushi chains in the U.S. Their offerings include a variety of dishes like salmon, tuna, and shrimp, with a strong geographical revenue presence in the United States.
