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Stock impact report

Kura Sushi: Not Craving For This Restaurant Chain Yet [Seeking Alpha]

Kura Sushi USA, Inc. - Class A (KRUS) 
Company Research Source: Seeking Alpha
Kura Sushi: Not Craving For This Restaurant Chain Yet Kura Sushi ( KRUS Sushi! Kura Sushi USA was founded during the 2008 recession as a subsidiary of Kura Japan, a huge chain with over 400 restaurants in its home country. The company started in California offering a combination of the authentic Japanese cuisine combined with the sushi service model. The company currently operates 22 restaurants in California, Texas, Georgia, Illinois and Nevada as the company sees long-term potential for 290 stores, aiming to grow the store base by some 20% per annum. If the company sticks to this pace of store openings, it could be realised in about 15 years time, at around 2035. A wide range of items appear on the menu which comprehends about 140 individual items, although a sushi menu card is typically quite exhaustive. Average check prices come in around $18 per dinner, creating a competitive offering, with prices positioned between fast food concepts and fine dining experiences. The company aims Show less Read more
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