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Kura Sushi (KRUS) Stock Trades Up, Here Is Why

Shares of sushi restaurant chain Kura Sushi (NASDAQ:KRUS) jumped 22.7% in the afternoon session after the company reported first quarter earnings results that blew past analysts' gross margin expectations. Revenue also came in slightly ahead of Consensus estimates. Looking ahead, full-year revenue guidance came in higher than Wall Street's estimates, partly due to the strong same-store sales growth posted during the quarter. Management highlighted an acceleration in sales momentum, and...
What Happened Kura Sushi Wall Street Consensus Estimates Revenue Guidance Stock Trades
Source: yahoo.com

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