Though Kura Sushi USA Inc. saw revenue grow 16% in its fiscal third quarter, the sushi chain missed the general analyst’s consensus leading shares to fall 11% in after-hours trading after the results. Â
The Irvine-based sushi chain generated fiscal Q3 sales of $85.9 million, jumping 16% from a year ago. It also said same-store sales fell less than 1% during the quarter (Nasdaq: KRUS). Â
Analysts were expecting an estimate of $86.5 million in revenue for the three months ended May 31, a potential 16.9% increase year-over-year. Â
“During the fiscal third quarter, we were able to make significant progress towards our goals of sustainable margin improvement and returning to our historical 20% restaurant-level operating profit margins regardless of tariff relief,” Chief Executive Hajime Uba said in a July 7 statement. Â
Kura Sushi also reiterated its 2026 outlook of total sales between $330.5 million and $331.5 million with 16 new restaurants. Â
