Kura Sushi USA Posts Fiscal Q4 Comp Decline as Tariffs Weigh on Imported Ingredient Costs

Kura Sushi USA reported a 5.7% drop in fiscal fourth-quarter comparable restaurant sales on Nov. 5. The decline was driven by an 11.5% fall in traffic, partly offset by a 5.8% rise in price and mix.
Sales rose 12% to $88.9 million from $79.4 million as new restaurants opened. The company posted an operating loss of $0.6 million, versus operating income of $1.5 million a year earlier. Adjusted net income was $0.9 million...
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