---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000238"
form_type: "8-K"
ticker: "KRUS"
cik: "0001772177"
company_name: "KURA SUSHI USA, INC."
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:46:03.577306+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kura Sushi USA Q1 sales up 32% to $39.3M; net loss widens to $0.21 per share

## Summary
- Total sales $39.3M (+32% YoY); comp sales +6.9%.
- Net loss $2.1M ($0.21 diluted EPS) vs net loss $1.3M ($0.13) in prior year.
- Operating loss $2.2M vs $1.3M; restaurant-level operating profit $7.2M (18.2% of sales).
- Adjusted EBITDA $0.6M; opened two new restaurants in the quarter.

## SEC filing metadata
- accession: 0000950170-23-000238
- form_type: 8-K
- ticker: KRUS
- cik: 0001772177
- company_name: KURA SUSHI USA, INC.
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772177/000095017023000238/0000950170-23-000238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772177/000095017023000238/krus-20230105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000238
- JSON: https://secwatch.observer/filing/0000950170-23-000238.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000238.txt

## Key facts
- Earnings Releases
  KURA SUSHI USA, INC. reported fiscal first quarter ended November 30, 2022 results: revenue $39.3 million, net income $2.1 million, EPS $(0.21) per diluted share.
  - Period: fiscal first quarter ended November 30, 2022
  - Revenue: $39.3 million
  - Net income: $2.1 million
  - EPS: $(0.21) per diluted share
  - Result: reported results
  source text: Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2022. Fiscal First Quarter 2023 Highlights ➣ Total sales were $39.3 million, compared to $29.8 million in the first quarter of 2022; ➣ Comparable restaurant sales increased 6.9% for the first quarter of 2023 as compared to the first quarter of 2022; ➣
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772177/000095017023000238/0000950170-23-000238-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.