Kura Sushi delivered ‘solid’ Q2 results, says Craig-Hallum

Craig-Hallum reiterated a Buy rating and $130 price target on Kura Sushi following the company’s “solid” Q2 earnings report, which had beats on revenue and new restaurant openings. The analyst said that Kura Sushi’s ability to drive traffic “continues to impress” as the company “outpaced the casual dining industry by nearly 1,000 bps.” The firm feels that Kura Sushi will be a “top-tier growth story” in the restaurant sector for the next decade.