bearish
KRUS: Successive Guidance Upgrade as Kura Face Tougher Comps
SUMMARY
- Kura Sushi US Weighting as of writing: 4% 5th April 2024 - Q2 FY24 Results On April 4th, Kura Sushi US reported earnings for the second quarter of FY24.
- Nothing major to report and similar themes to previous quarters so will keep this one short. The market valuation is astronomically stupid.
- Average unit volumes at Kura are $4.28 million and have improved significantly; up 22% since 2019.
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