IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Kura Sushi USA, Inc. (KRUS) on Wednesday reported a loss of $5.2 million in its fiscal fourth quarter.
The Irvine, California-based company said it had a loss of 46 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 9 cents per share.
The company posted revenue of $66 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $64.1 million.
For the year, the company reported a loss of $8.8 million, or 79 cents per share. Revenue was reported as $237.9 million.
Kura Sushi expects full-year revenue in the range of $275 million to $279 million.
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