15:17 ET - Despite Kura Sushi's lower than anticipated 3Q sales, analysts at Davidson raised their FY27 bottom-line estimates slightly, saying profit growth will offset the sales contraction over time. Kura's same-store sales declined 0.4% as fewer customers came to the sushi chain and high gas prices in California affected demand. But its adjusted restaurant-level margin rose more than expected due to labor efficiencies. To start its 4Q, the sushi chain is seeing a slight uptick to same-store sales, a trend that coincides with falling gas prices, although traffic is still dampened in part by consumers paying more attention to the World Cup.(grace.yoon@wsj.com)
(END) Dow Jones Newswires
July 08, 2026 15:17 ET (19:17 GMT)
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