Streetbeat News

KRUS

Kura Sushi USA, Inc.

https://www.kurasushi.com

Industry

Restaurants

Kura Sushi USA, Inc. operates technology-enabled Japanese restaurants in the United States. The company's restaurants provide Japanese cuisine through an engaging revolving sushi service model, which is known as 'Kura Experience'. As of August 31, 2021, it operated 33 restaurants in nine states and Washington DC. The company was formerly known as Kula Sushi USA, Inc. and changed its name to Kura Sushi USA, Inc. in October 2017. The company was founded in 2008 and is headquartered in Irvine, California. Kura Sushi USA, Inc. is a subsidiary of Kura Sushi, Inc.

Open

97.74

Mkt cap

1.1B

Volume

97K

High

99.96

P/E Ratio

-124.11

52-wk high

122.81

Low

96.63

Div yield

N/A

52-wk low

48.66

The article discusses Kura Sushi (KRUS) as a potential top momentum stock pick for investors. It evaluates whether KRUS has the characteristics needed to be a strong choice for momentum investing.

Portfolio Pulse from

December 09, 2024 | 12:00 pm

Kura Sushi (KRUS) has experienced a 60% surge in its stock price over the past three months, driven by strong fundamentals and strategic growth initiatives.

Portfolio Pulse from

November 26, 2024 | 5:00 pm

The article compares the performance of Kura Sushi USA (KRUS) and El Pollo Loco Holdings (LOCO) against their retail-wholesale sector peers for the year.

Portfolio Pulse from

November 22, 2024 | 4:00 pm

Kura Sushi USA has successfully closed a $68 million public offering of its Class A common stock, selling 800,328 shares at $85 each. The company received approximately $64.6 million after underwriters' discounts.

Portfolio Pulse from

November 13, 2024 | 9:15 pm

Kura Sushi USA has announced the pricing of its public offering of 695,938 shares of Class A common stock at $85.00 per share, expecting to raise approximately $56.2 million. The offering includes an option for underwriters to purchase an additional 104,390 shares, potentially increasing proceeds to $64.6 million.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

Kura Sushi USA, Inc. has announced a public offering of its Class A common stock, with an option for underwriters to purchase additional shares. The offering's completion is subject to market conditions.

Portfolio Pulse from

November 11, 2024 | 9:15 pm

Kura Sushi USA, Inc. held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

November 09, 2024 | 11:30 am

Kura Sushi (KRUS) reported Q4 earnings of $0.09 per share, surpassing the Zacks Consensus Estimate of $0.02 per share. This is a decrease from $0.25 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 12:45 am

Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Kura Sushi USA (NASDAQ:KRUS) and raises the price target from $60 to $70.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:26 pm

Restaurant stocks are seeing a rise in share prices following the Federal Reserve's decision to cut interest rates. This move is expected to increase consumer discretionary income, potentially boosting traffic and sales in the restaurant industry.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:46 pm

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