U.S. stock futures down, focus on Delta Air, Kura Sushi, Simply Good Foods earnings. Aehr Test beats estimates, Constellation Brands reports after bell.
Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 13.3% year on year to $64.89 million. On the other hand, the company’s full-year revenue guidance of $277 million at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP loss of $0.14 per share was in line with analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kura Sushi (NASDAQ:KRUS) and the best and worst performers in the sit-down dining industry.
Kura Sushi’s stock price has taken a beating over the past six months, shedding 32.5% of its value and falling to $54.36 per share. This may have investors wondering how to approach the situation.
Restaurants are go-to meeting hubs for friends, family, and colleagues. They’re also more insulated from online competition, which has led to a steady demand versus other retail-oriented businesses like department stores.
This has been appreciated by the market as the industry was up 8.7% over the past six months compared to 6.5% for the S&P 500.
Let’s dig into the relative performance of Cracker Barrel (NASDAQ:CBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.
