Kura Sushi ( (KRUS) ) has released its Q3 earnings. Here is a breakdown of the information Kura Sushi presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kura Sushi USA, Inc. is a technology-enabled Japanese restaurant chain offering a unique revolving sushi service model across 78 locations in the United States.
In its fiscal third quarter of 2025, Kura Sushi reported total sales of $74 million, marking a notable increase from the previous year’s $63.1 million. Despite a decrease in comparable restaurant sales by 2.1%, the company managed to achieve a net income of $0.6 million, a significant improvement from a net loss of $0.6 million in the same quarter of 2024.
Key financial metrics for the quarter included an operating loss reduction to $0.2 million from $1.2 million in the previous year, and an adjusted EBITDA of $5.4 million, up from $4.5 million. The company also successfully opened three new restaurants, contributing to its ongoing expansion strategy.
Looking ahead, Kura Sushi aims to achieve total sales of approximately $281 million for the full fiscal year 2025, with plans to open 15 new restaurants, maintaining an annual unit growth rate above 20%. The company remains focused on leveraging its unique dining experience and technological advancements to drive future growth.