Kura Sushi USA, Inc. (KRUS, Financial) experienced a significant stock price decline of 5%, with shares dropping to $94.82. The trading volume reached approximately 145,172 shares, resulting in a turnover rate of 1.29% and a price volatility of 4.37%.
Recent financial reports revealed the company generated revenue of $63.08 million but reported a net loss of $558,000, translating to an earnings per share (EPS) of -$0.05. The company's gross profit was $7.69 million, leading to a negative price-to-earnings (P/E) ratio of -3181.33.
Among the analysts covering KRUS, 56% recommend buying the stock, while 44% suggest holding, with no analysts recommending a sell.
Within the restaurant industry, which saw an overall decline of 0.72%, certain stocks experienced notable gains, including Yum China, TGI Fridays, and Brinker International. Active stocks such as Dine Brands Global, Papa John's, and Brinker International showed turnover rates of 3.18%, 1.87%, and 1.61%, respectively. Stocks with high volatility included Yoshiharu Global Co., Tims China, and Xiang Song International, with volatility rates of 16.12%, 11.30%, and 9.97%, respectively.
Kura Sushi USA operates as a revolving sushi chain in the United States, offering a variety of sushi dishes and innovative dining features like conveyor belts and on-demand order screens. The company primarily derives its revenue from its U.S. operations.
