Kura Sushi: Despite Expansion, The Q3 Outlook Isn't Rosy

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  Posted by Two Blokes Jul 3 - Filed in Stock - 4 views
  
  Kura Sushi USA, Inc. has continued to expand rapidly. The company eyes 14 new openings in FY2025. Performance indicators suggest underlying weakness. Kura Sushi's comparable restaurant sales have declined beyond peers', and profitability remains thin. The current stock valuation makes the investment's risk-to-reward unattractive. I estimate a significant 53% downside to $41.9 in a base scenario.