Kura Sushi Q3 sales $49.2M, comps +10.3%, net income $1.7M ($0.16/diluted)

KURA SUSHI USA, INC.

2023-Q3 EPS reported -$0.14 revenue$132,500,000

Total sales $49.2M vs $38.0M in Q3 2022, up 29.5% YoY.
Comparable restaurant sales increased 10.3% year-over-year.
Net income $1.7M ($0.16 diluted EPS) vs $0.5M ($0.05) in prior year.
Restaurant-level operating profit $11.6M (23.5% of sales); Adjusted EBITDA $5.1M.
One new restaurant opened during the fiscal third quarter of 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

KURA SUSHI USA, INC. reported financial results for fiscal third quarter ended May 31, 2023.

Period: fiscal third quarter ended May 31, 2023
Result: reported results

Exact text from the filing

On July 6, 2023, Kura Sushi USA, Inc. (the “Company”) issued a press release disclosing earnings and other financial results for its fiscal third quarter ended May 31, 2023, and announcing that its management would review these results in a conference call at 5:00 p.m. (EST) on July 6, 2023.

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Source: SEC EDGAR

accession 0000950170-23-032019

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