Exciting developments are taking place for the stocks in this article.
They’ve all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns.
U.S. stock futures down, focus on Delta Air, Kura Sushi, Simply Good Foods earnings. Aehr Test beats estimates, Constellation Brands reports after bell.
Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 13.3% year on year to $64.89 million. On the other hand, the company’s full-year revenue guidance of $277 million at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP loss of $0.14 per share was in line with analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kura Sushi (NASDAQ:KRUS) and the best and worst performers in the sit-down dining industry.
Kura Sushi’s stock price has taken a beating over the past six months, shedding 32.5% of its value and falling to $54.36 per share. This may have investors wondering how to approach the situation.
Restaurants are go-to meeting hubs for friends, family, and colleagues. They’re also more insulated from online competition, which has led to a steady demand versus other retail-oriented businesses like department stores.
This has been appreciated by the market as the industry was up 8.7% over the past six months compared to 6.5% for the S&P 500.
