Kura Sushi Usa, Inc. Stock Price, News & Analysis

Kura Sushi USA (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, has scheduled its fiscal second quarter 2025 financial results announcement for April 8, 2025, after market close. The company will host a conference call at 5:00 p.m. ET on the same day.

The earnings call will feature President and CEO Hajime "Jimmy" Uba, CFO Jeff Uttz, and SVP Investor Relations & System Development Benjamin Porten. Interested participants can join via telephone by dialing 201-689-8471, with replay access available at 412-317-6671 (passcode: 13751704). A webcast will be accessible through the Investor Relations section of www.kurasushi.com.

Kura Sushi USA reported fiscal Q1 2025 results with total sales of $64.5 million, up from $51.5 million in Q1 2024. The company achieved a 1.8% increase in comparable restaurant sales and reduced its net loss to $1.0 million ($(0.08) per share) from $2.0 million ($(0.18) per share) year-over-year.

The company's restaurant-level operating profit reached $11.7 million (18.2% of sales), while Adjusted EBITDA improved to $3.6 million. During Q1, Kura Sushi opened six new restaurants and completed a public offering of 800,328 shares at $85.00 per share, raising net proceeds of approximately $64.4 million.

For fiscal 2025, the company maintains its guidance of total sales between $275-279 million and plans to open 14 new restaurants, maintaining over 20% annual unit growth rate.

Kura Sushi USA (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, has scheduled its fiscal first quarter 2025 financial results announcement for January 7, 2025, after market close. The company will host a conference call at 5:00 p.m. ET on the same day, featuring President and CEO Hajime 'Jimmy' Uba, CFO Jeff Uttz, and SVP Investor Relations & System Development Benjamin Porten. Investors can join via telephone at 201-689-8471, with replay available at 412-317-6671 (passcode: 13750764). The webcast will be accessible on the company's website under the Investor Relations section.

Kura Sushi USA has completed its public offering of 800,328 shares of Class A common stock at $85.00 per share, including the full exercise of underwriters' option for an additional 104,390 shares. The technology-enabled Japanese restaurant concept raised approximately $64.6 million in net proceeds after underwriters' discount. The company plans to use the funds for general corporate purposes, including capital expenditures, working capital, and other business purposes. William Blair & Company, Barclays Capital, and TD Securities served as joint book-running managers, while Craig-Hallum Capital Group, Roth Capital Partners, and The Benchmark Company acted as co-managers.

Kura Sushi USA has priced its public offering of 695,938 shares of Class A common stock at $85.00 per share, expecting to raise approximately $56.2 million in net proceeds. The company granted underwriters a 30-day option to purchase up to 104,390 additional shares, potentially increasing net proceeds to $64.6 million if fully exercised. The offering is expected to close on November 13, 2024. The funds will be used for general corporate purposes, including capital expenditures, working capital, and other business purposes. William Blair & Company, Barclays Capital, and TD Securities are acting as joint book-running managers.

Kura Sushi USA, a technology-enabled Japanese restaurant concept, has announced the launch of an underwritten public offering of its Class A common stock. The company plans to grant underwriters a 30-day option to purchase additional shares to cover over-allotments. William Blair & Company, Barclays Capital, and TD Securities are acting as joint book-running managers. The net proceeds will be used for general corporate purposes, including capital expenditures, working capital, and other business purposes. The offering is being made through an effective shelf registration statement filed with the SEC.

Kura Sushi USA reported mixed fiscal Q4 2024 results with total sales of $66.0 million, up from $54.9 million in Q4 2023. However, comparable restaurant sales decreased 3.1%. The company reported a net loss of $5.2 million, or $(0.46) per share, compared to net income of $2.9 million last year. Restaurant-level operating profit was $13.8 million (20.9% of sales). For fiscal year 2024, total sales reached $237.9 million with a 0.7% increase in comparable sales. The company opened one new restaurant in Q4 and provided FY2025 guidance of $275-279 million in sales with plans to open 14 new restaurants.

Kura Sushi USA, Inc. (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, has announced it will host a conference call to discuss its fiscal fourth quarter and fiscal year 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. ET. The company will issue a press release with the financial results after the market closes on the same day.

The conference call and webcast will be hosted by Hajime "Jimmy" Uba, President and CEO, Jeff Uttz, CFO, and Benjamin Porten, SVP Investor Relations & System Development. Interested parties can listen to the call by dialing 201-689-8471. A telephone replay will be available at 412-317-6671 with passcode 13748567. The webcast will be accessible at www.kurasushi.com under the Investor Relations section.

Kura Sushi USA (NASDAQ: KRUS), a tech-enabled Japanese restaurant concept, has announced its participation in two upcoming investor conferences in September 2024. The company will host a fireside chat at the Piper Sandler Growth Frontiers Conference in Nashville, TN on September 11, starting at 9:00 a.m. CT. This discussion will be webcast live on Kura Sushi's corporate website.

Additionally, Kura Sushi will meet with institutional investors at the Benchmark 2nd Annual Consumer One-on-One Conference in New York, NY on September 12. These events provide opportunities for the company to engage with investors and showcase its business model and growth strategies.