IPOs

Fast Growing Sushi Bar IPO

A subsidiary of Kura Japan with 400 restaurants, Kura Sushi USA (KRUS) operates 22 sushi bars, mostly located in California and Texas. Its high volume restaurants feature revolving conveyor belts stocked with sushi rolls, nigiri and desserts, all priced below $3 each, which customers can self-serve. Customers can also order from the full menu from the tableside on-demand ordering screens.

Here are four things you need to know as Kura Sushi launches its IPO.


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The article Fast Growing Sushi Bar IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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KRUS

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