BUZZ-Kura Sushi USA up after better-than-expected Q1 sales

Reuters
01-08
BUZZ-Kura Sushi USA up after better-than-expected Q1 sales

** Shares of Japanese restaurant Kura Sushi USA KRUS.O rise 4.72% to $107 in extended trading

** Company posts Q1 revenue of $64.5 mln vs Wall Street expectations of $61.7 mln

** Records Q1 loss of 8 cents per share vs 18 cents per share last year

** However, company's 2025 sales forecast range of $275 to $279 mln is below analyst expectations of $280 mln

** Five of nine brokerages rate the stock "buy" or higher, four "hold"; their median PT is $108, according to data compiled by LSEG

(Reporting by Aishwarya Jain in Bengaluru)

((Aishwarya.Jain@thomsonreuters.com;))

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