Kura Sushi USA (NASDAQ:KRUS) Full Year 2022 Results
Key Financial Results
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Revenue: US$141.1m (up 117% from FY 2021).
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Net loss: US$764.0k (loss narrowed by 93% from FY 2021).
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US$0.088 loss per share (improved from US$1.21 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kura Sushi USA EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 65%.
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company’s shares are down 8.9% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Kura Sushi USA’s balance sheet and an in-depth analysis of the company’s financial position.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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