Kura Sushi reports Q1 EPS (8c), consensus (20c)

Reports Q1 revenue $ $64.5M, consensus $.61.72M…Reports Adjusted EBITDA was $3.6 million; and Six new restaurants opened during the fiscal first quarter of 2025.Hajime Uba, President and Chief Executive Officer of Kura Sushi (KRUS), stated, “Our fiscal year is off to an excellent start, and we’re very encouraged to see that our comps have returned to positive territory. Our new openings are exceeding expectations and have us even more excited about Kura’s ultimate opportunity in the U.S. Adjusted EBITDA margins have achieved an all-time high for a fiscal first quarter, thanks to companywide efforts to control costs. We’re off to a great start, and I’m extremely excited for another banner year at Kura Sushi.”