Kura Sushi delivered higher revenue in Q2 2025, but net loss expanded due to increased operating expenses, including a litigation settlement. The company opened three new restaurants and maintained its expansion strategy.
Kura Sushi USA, Inc. reported a strong start to fiscal year 2025 with increased total sales, positive comparable restaurant sales, and improved profitability. The company opened six new restaurants and reiterated its full-year guidance.
Kura Sushi USA reported a decrease in comparable restaurant sales and a shift from operating income to an operating loss. Total sales increased, but the company experienced a net loss, contrasting with the net income reported in the fourth quarter of 2023.
Kura Sushi USA reported a rise in total sales to $63.1 million for the fiscal third quarter of 2024, up from $49.2 million in the same period last year. However, the company experienced an operating loss of $1.2 million and a net loss of $0.6 million, contrasting with the operating income of $1.3 million and net income of $1.7 million in the third quarter of 2023. Comparable restaurant sales saw a modest increase of 0.6%.
Kura Sushi USA announced its fiscal second quarter 2024 financial results, highlighting a 3.0% increase in comparable restaurant sales and total sales of $57.3 million compared to $43.9 million in the same quarter of the previous year. The company reported an operating loss of $1.7 million and a net loss of $1.0 million, or $(0.09) per diluted share. Five new restaurants were opened during the quarter, and the company raised its revenue guidance for the fiscal year.
Kura Sushi USA reported a strong start to fiscal year 2024, with a 31% increase in total sales to $51.5 million compared to $39.3 million in the first quarter of 2023. Comparable restaurant sales increased by 3.8%. The company opened four new restaurants during the quarter. Despite the growth, the company reported an operating loss of $2.8 million and a net loss of $2.0 million, or $(0.18) per diluted share.
Kura Sushi USA, Inc. reported a successful fiscal fourth quarter and fiscal year 2023. Total sales increased to $54.9 million, with a comparable restaurant sales increase of 6.5%. The company opened four new restaurants and achieved significant growth in operating and net income.
Kura Sushi USA, Inc. reported a strong fiscal third quarter with a 30% increase in year-over-year revenue, driven by unit growth and comparable sales trends. The company's G&A leveraging efforts resulted in a 130 basis point improvement over the prior year, contributing to greater profitability.
Kura Sushi USA announced strong financial results for the fiscal second quarter ended February 28, 2023, with total sales increasing to $43.9 million compared to $31.3 million in the same quarter of the previous year. The company also saw a 17.4% increase in comparable restaurant sales and an improvement in operating loss, which was reduced to $1.0 million from $1.9 million in the second quarter of 2022.
Kura Sushi USA, Inc. announced financial results for the fiscal first quarter ended November 30, 2022. Total sales were $39.3 million, an increase from $29.8 million in the first quarter of 2022. Comparable restaurant sales increased 6.9%. The company reported an operating loss of $2.2 million and a net loss of $2.1 million, or $(0.21) per diluted share.
Kura Sushi USA announced positive financial results for Q4 2022, with a significant increase in total sales and comparable restaurant sales. The company achieved operating and net income, compared to losses in the same quarter of the previous year. They also opened three new restaurants during the quarter.
Kura Sushi USA, Inc. reported a strong fiscal third quarter 2022 with total sales of $38.0 million, a 65% increase in comparable restaurant sales, and a net income of $0.5 million, or $0.05 per diluted share. The company opened one new restaurant during the quarter and is on track to open at least eight new restaurants for the full fiscal year.
Kura Sushi USA, Inc. reported fiscal second quarter 2022 financial results with a total sales of $31.3 million compared to $9.1 million in the second quarter of 2021. The company's comparable restaurant sales increased 183% compared to the second quarter of 2021 and 11.3% compared to the second quarter of 2020. The company opened three new restaurants during the quarter.
Kura Sushi USA reported a strong first quarter for fiscal year 2022, with total sales increasing to $29.8 million compared to $9.4 million in the same quarter of the previous year. Comparable restaurant sales also saw a substantial increase of 154%. The company's operating loss decreased significantly, and restaurant-level operating profit reached $5.8 million.
Kura Sushi USA, Inc. reported fiscal fourth quarter 2021 financial results, demonstrating continued momentum in business recovery with significant top-line growth and a 4.9% increase in comparable restaurant sales versus 2019. The company opened one new restaurant during the quarter and had all 32 restaurants open with 100% indoor dining capacity as of August 31, 2021.
Kura Sushi USA, Inc. reported a strong recovery in its fiscal third quarter 2021, with total sales reaching $18.5 million compared to $2.8 million in the same quarter of the previous year. The company achieved an operating income of $0.9 million, a net income of $0.8 million, and opened one new restaurant. All restaurants were operating at full capacity by the end of the quarter.
Kura Sushi USA, Inc. reported a decrease in total sales to $9.1 million compared to $19.4 million in the second quarter of 2020. The company experienced an operating loss of $3.8 million and a net loss of $3.9 million, or ($0.46) per diluted share.
Kura Sushi USA reported a decrease in total sales to $9.4 million compared to $17.4 million in the first quarter of 2020. The company experienced an operating loss of $6.3 million, and a net loss of $6.4 million, or ($0.76) per diluted share. Despite these losses, Kura Sushi opened three new restaurants and saw a 70% sequential increase in total sales from the previous quarter.
Kura Sushi USA, Inc. announced its fiscal third quarter 2020 financial results, revealing a significant downturn in sales and profitability due to the COVID-19 pandemic. With temporary restaurant closures and reduced operations, the company faced a decrease in total sales, operating income, and net income compared to the same period in the previous year. Despite these challenges, Kura Sushi has reopened all 25 restaurants with enhanced safety measures and is focused on navigating the ongoing pandemic while pursuing long-term growth opportunities.
Kura Sushi USA, Inc. reported a 30% increase in total sales, reaching $17.4 million, and a 7.9% increase in comparable restaurant sales growth for the fiscal first quarter ended November 30, 2019. The company's operating loss was $1.4 million, and net loss was $1.2 million, or ($0.15) per diluted share.