IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Kura Sushi USA, Inc. (KRUS) on Thursday reported net income of $2.3 million in its fiscal fourth quarter.
On a per-share basis, the Irvine, California-based company said it had net income of 18 cents. Earnings, adjusted for non-recurring costs, were 20 cents per share.
The company posted revenue of $79.4 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $78.8 million.
For the year, the company reported a loss of $1.9 million, or 16 cents per share. Revenue was reported as $282.8 million.
Kura Sushi expects full-year revenue in the range of $330 million to $334 million.
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