Kura Sushi Sees Prelim. Q3 Total Sales $63.1M vs $65.39M Est., Sees FY24 Total Sales $235M-$237M vs $245.74M Est.
Portfolio Pulse from Benzinga Newsdesk
Kura Sushi reported preliminary Q3 total sales of $63.1 million, missing the estimate of $65.39 million. The company also provided FY24 total sales guidance of $235 million to $237 million, below the estimate of $245.74 million.
June 27, 2024 | 8:07 pm
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Kura Sushi reported preliminary Q3 total sales of $63.1 million, missing the estimate of $65.39 million. The company also provided FY24 total sales guidance of $235 million to $237 million, below the estimate of $245.74 million.
The preliminary Q3 sales miss and lower-than-expected FY24 sales guidance are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100