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Kura Sushi: Fiscal 4Q Earnings Snapshot

·1 min read

IRVINE, Calif. (AP) _ Kura Sushi USA, Inc. (KRUS) on Monday reported a fiscal fourth-quarter loss of $6.8 million, after reporting a profit in the same period a year earlier.

The Irvine, California-based company said it had a loss of 82 cents per share.

The company posted revenue of $5.5 million in the period.

For the year, the company reported a loss of $17.4 million, or $2.08 per share, swinging to a loss in the period. Revenue was reported as $45.2 million.

Kura Sushi shares have fallen 34% since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.74, a decrease of 32% in the last 12 months.

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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