Kura Sushi's (KRUS) third-quarter fiscal 2024 top line benefits from new restaurant openings and comps growth.
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.
Kura Sushi USA, Inc. (NASDAQ:KRUS ) Q3 2024 Earnings Conference Call July 9, 2024 5:00 PM ET Company Participants Benjamin Porten - SVP, Investor Relations & System Development Hajime Jimmy Uba - President & Chief Executive Officer Jeff Uttz - Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Jon Tower - Citi Jeremy Hamblin - Craig-Hallum Todd Brooks - The Benchmark Company Matt Curtis - William Blair George Kelly - Roth Capital Partners Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Kura Sushi USA Fiscal Third Quarter 2024 Earnings Conference Call.
Kura Sushi (KRUS) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.16 per share a year ago.
The tech stocks are really rocking and rolling right now, as the US economy is showing some signs of weakening. That's a good thing for the inflation hawks out there though.
Kura Sushi's (KRUS) third-quarter fiscal 2024 performance is likely to reflect softness in the California market.
Kura Sushi's (KRUS) lower-than-expected preliminary financial results for the fiscal third quarter are due to unanticipated softness in the California market.
Kura Sushi (KRUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.