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Kura Sushi

Financing

Kura Sushi warns about weak sales in California

 By Jonathan Maze on Jun. 27, 2024

The chain of conveyor-belt sushi restaurants said that its results last quarter “did not meet our expectations” and blamed it on “unanticipated softness in California.”

Financing

Kura Sushi USA sees a rise in traffic, but profits remain elusive

 By Peter Romeo on Jan. 05, 2024

The fast-growing sushi chain projects that it will be helped later this year by a major change in California's wage requirements.

Leadership

Former Shake Shack executive named Kura Sushi CFO

By Jonathan Maze on Oct. 03, 2022

Jeff Uttz, who also worked with Yard House, will oversee finance for the revolving sushi chain.

Financing

Kura Sushi’s profits improve and its stock price takes off

By Jonathan Maze on Jul. 08, 2022

The chain of revolving sushi restaurants saw stock soar more than 30% on Friday after it said sales and profits were better than expected.

Leadership

Steven Benrubi retires as Kura Sushi CFO

By Jonathan Maze on May 10, 2022

The revolving sushi chain said a search has started for his replacement.

Financing

Kura Sushi’s sales soar, and so does its stock

By Jonathan Maze on Nov. 12, 2021

The conveyor belt sushi chain said its same-store sales are up 22% over 2019 so far this quarter. Its stock rose more than 25% on Friday.

Topics

With sales growing again, Kura Sushi looks to step up expansion

Jul. 14, 2021

The Japan-based chain is resuming its penetration of the U.S. market now that its current 32 units are fully open.

Financing

Kura Sushi says it will return its PPP funds

By Jonathan Maze on Apr. 22, 2020

Amid scrutiny over large chains getting federal assistance, the revolving sushi concept will send back $6 million.