Positive Comparable Sales and Strong New Openings
KRUS reported a comparable sales growth of 1.8% and successfully opened 6 new units in Q1, demonstrating effective expansion and market penetration.
Improvement in Adjusted EBITDA Margin
The adjusted EBITDA margin increased to 13.5%, a 210 basis point improvement year-over-year, highlighting enhanced profitability and cost control.
Strong Cash Position and No Debt
KRUS ended the fiscal first quarter with $111.7 million in cash and cash equivalents and no debt, strengthening its financial stability.
Successful IP Collaborations Boosted Q1 Performance
The One Piece and Pikmin IP collaborations significantly contributed to the positive performance in Q1, showing effective marketing strategies.