Trump Invests In Popular Sushi Chain, Despite His Long-Standing Hate Of Eating Raw Fish
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President Donald Trump disclosed a multimillion-dollar investment in a sushi chain operator in the first quarter of 2026, despite being known for avoiding sushi and raw fish
According to the latest Office of Government Ethics (OGE) filing, Trump purchased shares of Kura Sushi USA Inc. (NASDAQ:KRUS), the American arm of Japan's Kura Sushi Inc, valued between $1 million and $5 million on Feb 2.
KRUS shares rose 11.2% over the past week following the disclosure of Trump's stake.
Sushi Chain Operator
The Japanese restaurant chain beat Benzinga earnings estimates by 75% in the second quarter of fiscal 2026 and revenue estimates by 2.92%. The company has posted revenue surprises for the seventh quarter in a row.
While the company is struggling with weak dining services and a surprise CFO transition, it has a strong growth potential, with adjusted EBITDA projected to increase from 20% to 46% for fiscal 2027.
Kura Sushi has a consensus price target of $83.38 based on the ratings of 13 analysts.
Benzinga Edge Stock Rankings indicate that KRUS maintains a weak price trend in the short, medium and long terms, with a weak Momentum score.
Other Stock Trades
Kura Sushi is a small part of a broader set of stock deals traded by Trump during the first quarter. The disclosure reveals a large set of 3,642 transactions (both purchases and sales) done across January through March.
Most purchases were made in the AI infrastructure, cloud, and consumer technology sectors, including Nvidia Corp. (NASDAQ:NVDA), Amazon.com Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL).
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