Kura Sushi (KRUS) reported Q3 EPS of ($0.05), versus ($0.54) reported last year. Revenue for the quarter came in at $38 million, versus $18.5 million reported last year.
GUIDANCE:
Kura Sushi sees FY2022 revenue of $137-142 million.
- General and administrative expenses as a percentage of sales of approximately 16.5%; and
- 8 new restaurants, with average net capital expenditures per unit of approximately $2.2 million.