83.4 F
Laguna Hills
Sunday, Aug 14, 2022

Kura Sushi CFO Resigns

Kura Sushi USA Inc. (Nasdaq: KRUS) announced today Chief Financial Officer Steven H. Benrubi has resigned, effective as early as August 1.

Benrubi spent the last two years with the Irvine-based revolving sushi bar chain, joining the executive team in late 2020 with over 25 years of previous leadership experience in both restaurants and retail.

“Steven has been an integral member of our management team and a tremendous partner to me. He has successfully led our finance team through a challenging COVID and inflationary environment,” Chairman and Chief Executive Hajime Uba said in a statement.

Benrubi will stay on until a replacement is chosen.

“We’ve made great progress positioning the company for success as we continue to benefit from our recent sales momentum. It has been an honor to work alongside such a talented and dedicated team,” Benrubi said.

Kura Sushi currently counts 37 restaurants across 11 states and has a market cap of $370 million. Last month, the Japanese restaurant chain reported second-quarter sales rose 244% to $31.3 million.

Previous articleMidday Stock Roundup
Next articleMidday Stock Roundup

Featured Articles


Related Articles