Previous close | 60.40 |
Open | 60.66 |
Bid | 61.78 x 200 |
Ask | 62.76 x 100 |
Day's range | 60.30 - 62.69 |
52-week range | 51.02 - 122.81 |
Volume | |
Avg. volume | 168,085 |
Market cap | 696.865M |
Beta (5Y monthly) | 1.94 |
PE ratio (TTM) | 310.25 |
EPS (TTM) | 0.20 |
Earnings date | 09 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 90.00 |
Shares of sushi restaurant chain Kura Sushi (NASDAQ:KRUS) fell 24.1% in the morning session after the company announced underwhelming preliminary FQ3'24 results. Total sales are expected to be approximately $63.1 million, below Wall Street's expectations. Comparable restaurant sales are expected to grow 0.6% in Q3, a significant deceleration compared to the 3% growth in the previous quarter. Lastly, restaurant-level operating profit is expected to clock in at 20% of sales, which is in line with
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Kura Sushi's (KRUS) lower-than-expected preliminary financial results for the fiscal third quarter are due to unanticipated softness in the California market.