Kura Sushi: Fiscal Q4 Earnings Snapshot

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Kura Sushi USA, Inc. (KRUS) on Thursday reported a loss of $296,000 in its fiscal fourth quarter.

The Irvine, California-based company said it had a loss of 2 cents per share. Earnings, adjusted for asset impairment costs, came to 8 cents per share.

The company posted revenue of $88.9 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $91.6 million.

For the year, the company reported a loss of $4.6 million, or 38 cents per share. Revenue was reported as $328.3 million.

Kura Sushi expects full-year revenue in the range of $376 million to $381 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRUS at https://www.zacks.com/ap/KRUS