Kura Sushi USANASDAQ: KRUS

Kura Sushi's (KRUS) third-quarter fiscal 2024 performance is likely to reflect softness in the California market.

IRVINE, Calif., June 27, 2024 (GLOBE NEWSWIRE) --  Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced preliminary unaudited results for the third quarter of fiscal 2024.

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.

IRVINE, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”), (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a fireside chat at the William Blair's 44th Annual Growth Stock Conference in Chicago, IL. Kura's discussion will begin at 1:20 p.m. CT on Wednesday, June 5, 2024.

Zacks.com users have been closely monitoring Kura Sushi (KRUS) recently, so it is important to be aware of the factors that could impact the stock's future.

Kura Sushi (KRUS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Kura Sushi (KRUS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, KRUS broke through the 20-day moving average, which suggests a short-term bullish trend.

Kura Sushi (KRUS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Kura topped revenue estimates and raised its top-line guidance. The company still has a lot of room for expansion, with about 60 restaurants.