Kura Sushi USA Inc (NASDAQ:KRUS) on Tuesday reported mixed results for the third quarter.

Kura Sushi reported quarterly earnings of 3 cents per share which beat the analyst consensus estimate of a loss of 1 cent per share. The company reported quarterly sales of $85.922 million which missed the analyst consensus estimate of $86.461 million.

Kura Sushi cut its FY2026 sales guidance from $333.000 million-$335.000 million to $330.500 million-$331.500 million.

Hajime Uba, President and Chief Executive Officer of Kura Sushi, said, “During the fiscal third quarter, we were able to make significant progress towards our goals of sustainable margin improvement and returning to our historical 20% restaurant-level operating profit margins regardless of tariff relief. Despite our costs of goods sold as a percentage of sales being 200 basis points higher than last year due to tariffs, our operational discipline allowed us to more than offset this impact and improve our restaurant-level operating profit margin by 90 basis points over the prior year to 19.1%.”

Kura Sushi shares fell 1.6% to trade at $52.07 on Wednesday.

These analysts made changes to their price targets on Kura Sushi following earnings announcement.

  • TD Cowen analyst Andrew M. Charles maintained the stock with a Hold and lowered the price target from $58 to $51.
  • Roth Capital analyst George Kelly maintained the stock with a Buy and cut the price target from $85 to $70.
  • Lake Street analyst Mark Smith maintained the stock with a Buy and lowered the price target from $83 to $72.

Considering buying KRUS stock? Here’s what analysts think:

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