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Thursday, Jan 22, 2026
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Kura Sushi Reports Fiscal Q1 Net Loss, Negative Same-Store Sales

Sushi chain falls 3% after-hours

Kura Sushi USA Inc. reported a 14% jump in total sales to $73.5 million for its fiscal first quarter ended Nov. 30.  

However, comparable restaurant sales decreased 2.5% in the first quarter of 2026, driven by a 2.5% decline in foot traffic, according to Kura Sushi (Nasdaq: KRUS).   

The Irvine-based sushi chain also reported net loss of $3.1 million, or 25 cents per diluted share, missing analysts’ forecast of a loss of 16 cents per share. The general analyst consensus for Q1 revenue was a 13% increase to $73 million. 

Shares fell 3% to $53.99 apiece during after-hours trading following the report. 

During regular trading before the quarterly report was announced, shares fell 5.4% to $55.64 and a $674 million market cap. 

On Jan. 8, Kura Sushi stock rose 14% to $63.87 apiece.

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