Kura Sushi USA (KRUS)
NASDAQ:KRUS
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Earnings Data
Report Date
Jul 14, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a clear improvement in operational performance and profitability trends: robust comparable sales (+8.6%), significant labor cost leverage (-410 bps), meaningful adjusted EBITDA growth (+~103.7%), a strong unit development pipeline (16 planned openings, >20% growth), and a solid balance sheet (≈$69.7M cash, no debt). Key risks highlighted include elevated food costs and tariff/commodity pressures, ongoing litigation exposure in California, some one-off operational disruptions, and macro/geopolitical uncertainty that led management to take a prudent tone on guidance. Overall, positive momentum across sales, margins and unit growth outweighs the identified risks, though the company remains cautious on near-term external uncertainties.Company Guidance
Strong Top-Line Performance
Fiscal Q2 total sales of $80.0M vs $64.9M prior year (≈+23.3% YoY). Comparable restaurant sales +8.6% (traffic +4.3%; price & mix +4.3%). Year-to-date comparable sales through H1 at +3.0%; company now expects modestly positive full-year comps.
Material Labor Leverage
Labor & related costs improved to 30.7% of sales from 34.8% a year ago (improvement of ≈410 basis points). Management noted initial target of 100 bps improvement was conservative given results.
Profitability Trends Improving
Adjusted EBITDA $5.5M vs $2.7M prior year (+~103.7%). Operating loss narrowed to -$2.2M from -$4.6M. Net loss improved to -$1.7M (-$0.14/share) vs -$3.8M (-$0.31/share) prior year. Adjusted net loss (ex litigation) -$0.502M vs -$1.7M prior.
Restaurant-Level Margin Expansion
Restaurant-level operating profit margin 18.2% vs 17.3% prior year (+90 basis points). Company guides full-year restaurant-level operating profit margins to ~18.0%-18.5%.
Healthy Unit Growth & Pipeline
Opened 1 unit in Q2 and 4 subsequent to quarter-end (Orange & Union City, CA; Goodyear, AZ; Wellington, FL). Company expects 16 new unit openings in FY26, with 8 units under construction and maintaining >20% annual unit growth. Average net capex per unit ~ $2.5M.
Strong Balance Sheet
Cash, cash equivalents and investments of $69.7M and no debt at quarter end.
Technology & Reservation Wins
Reservation system adoption increased reservations paced by >30% after opening to non-reward members; management estimates ~1% sales contribution from reservations. Rolling out robotic dishwashers (first tranche of 10 by month-end) and plan to retrofit majority of 50 restaurants with robots; robots expected to deliver ~50 bps incremental labor benefit in FY27.
Effective Marketing / IP Collaborations
IP partnerships (e.g., Kirby/Nintendo, Jujutsu Kaisen) credited with increasing plates per person and driving demand. Upcoming collaborations include Tamagotchi (30th anniversary) and Honkai Star Rail; management cites IPs as meaningful traffic drivers.
KRUS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KRUS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 07, 2026 | $72.99 | $60.01 | -17.78% |
Jan 07, 2026 | $55.64 | $64.93 | +16.70% |
Nov 06, 2025 | $54.73 | $48.54 | -11.31% |
Jul 08, 2025 | $86.78 | $76.48 | -11.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kura Sushi USA (KRUS) report earnings?
Kura Sushi USA (KRUS) is schdueled to report earning on Jul 14, 2026, After Close (Confirmed).
What is Kura Sushi USA (KRUS) earnings time?
Kura Sushi USA (KRUS) earnings time is at Jul 14, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KRUS EPS forecast?
KRUS EPS forecast for the fiscal quarter 2026 (Q3) is >-0.01.