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Feb 28

Kura Sushi Q2 2025 Earnings Report

Kura Sushi reported a wider net loss despite higher revenues and continued expansion.

Key Takeaways

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.

Total Revenue
$64.9M
Previous year: $57.3M
+13.3%
EPS
-$0.14
Previous year: -$0.09
+55.6%
Comparable restaurant sales
-5.3%
Previous year: 3%
-276.7%
Restaurant-level operating profit
$11.2M
Previous year: $11.2M
+0.1%
Restaurant-level operating margin
17.3%
Previous year: 19.6%
-11.7%
Cash and Equivalents
$85.2M
Previous year: $56.8M
+50.0%
Total Assets
$410M
Previous year: $316M
+30.1%

Kura Sushi

Kura Sushi

Kura Sushi Revenue by Geographic Location

Forward Guidance

Kura Sushi maintained its full-year guidance, emphasizing growth in new units and continued sales momentum.

Positive Outlook

  • Full-year revenue guidance reaffirmed at $275M–$279M
  • 14 new restaurant openings targeted
  • Annual unit growth rate expected to remain above 20%
  • Strong capital position with $85M in cash
  • Continued efficiency in new restaurant rollouts

Challenges Ahead

  • Comparable sales declined 5.3% in Q2
  • Operating loss widened due to increased expenses
  • Litigation expense impacted G&A costs
  • Labor costs increased due to wage pressures
  • Adjusted EBITDA margin declined year-over-year