IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Kura Sushi USA, Inc. (KRUS) on Wednesday reported a loss of $3.1 million in its fiscal first quarter.
The Irvine, California-based company said it had a loss of 25 cents per share. Losses, adjusted for non-recurring costs, came to 23 cents per share.
The company posted revenue of $73.5 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $73.9 million.
Kura Sushi expects full-year revenue in the range of $330 million to $334 million.
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