Kura Sushi USA, Inc. (KRUS) saw its stock price surge 8.59% in Friday's trading session, following the release of its fiscal fourth-quarter results that exceeded analyst expectations and an optimistic outlook for the upcoming fiscal year.
The restaurant chain reported Q4 sales of $79.4 million, surpassing the consensus estimate of $78.36 million. Adjusted earnings per share came in at $0.20, significantly beating the expected $0.13. The company's adjusted net income for the quarter reached $2.5 million, well above the analysts' projection of $1.47 million. These strong financial results were driven by a 0.2% increase in comparable restaurant sales, backed by a 0.5% growth in traffic.
Adding to investor enthusiasm, Kura Sushi provided an upbeat forecast for fiscal year 2026. The company projects sales between $330 million and $334 million and plans to open 16 new restaurants. Management also anticipates restaurant-level operating profit margins of about 18% for the coming fiscal year. This positive outlook, combined with the company's demonstrated ability to exceed expectations, likely contributed to the significant stock price appreciation.
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