High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Kura Sushi USA (NASDAQ:KRUS) reported higher fiscal third-quarter sales and improved restaurant-level profitability despite negative comparable sales and continued pressure from tariffs on imported ingredients, executives said on the company’s earnings call. President and CEO Hajime Uba said the co
Tariffs pressured food costs, but pricing and labor efficiencies drove margin expansion.
A number of stocks jumped in the afternoon session after the CPI data showed food away from home rose only 0.3% in May, well within manageable range for operators.
A number of stocks traded in opposite directions in the afternoon session after April CPI came in hot at 3.8% year-over-year and Brent oil rose to ~$107, deepening the consumer income squeeze that was already visible in restaurant sales.
A number of stocks jumped in the afternoon session after Iran announced the reopening of the Strait of Hormuz, which triggered a sharp drop in crude oil prices and signaled an easing of inflationary pressures on operating margins.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.