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Kura Sushi Sees FY20 Sales $84M-$87M vs $87.4M Est.

Fiscal Year 2020 Outlook For the full fiscal year of 2020, the Company reiterates the following annual assumptions: Total sales between $84 million and $87 million; Comparable restaurant sales growth between 2% and

Benzinga · 01/08/2020 21:07

Fiscal Year 2020 Outlook

For the full fiscal year of 2020, the Company reiterates the following annual assumptions:

  • Total sales between $84 million and $87 million;
  • Comparable restaurant sales growth between 2% and 4%;
  • Restaurant-level contribution* margin between 20.5% and 21.5%;
  • Adjusted EBITDA* margin between 9% and 10%; and
  • 6 new restaurants.