---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-001863"
form_type: "8-K"
ticker: "KRUS"
cik: "0001772177"
company_name: "KURA SUSHI USA, INC."
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T04:08:22.891584+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kura Sushi Q1 FY2024 sales up 31% to $51.5M; comp sales +3.8%; net loss narrows to $0.18/share

## Summary
- Total sales $51.5M vs $39.3M a year ago; comparable restaurant sales increased 3.8%.
- Operating loss widened to $2.8M from $2.2M; net loss improved to $2.0M ($0.18 diluted) vs $2.1M ($0.21).
- Restaurant-level operating profit $10.1M (19.5% of sales); Adjusted EBITDA $1.8M.
- Four new restaurants opened during Q1; total restaurant count not specified.

## SEC filing metadata
- accession: 0000950170-24-001863
- form_type: 8-K
- ticker: KRUS
- cik: 0001772177
- company_name: KURA SUSHI USA, INC.
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772177/000095017024001863/0000950170-24-001863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772177/000095017024001863/krus-20240104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-001863
- JSON: https://secwatch.observer/filing/0000950170-24-001863.json
- Plain text: https://secwatch.observer/filing/0000950170-24-001863.txt

## Key facts
- Earnings Releases
  KURA SUSHI USA, INC. reported fiscal first quarter ended November 30, 2023 results: revenue $51.5 million, net income $2.0 million loss, EPS $(0.18) per diluted share.
  - Period: fiscal first quarter ended November 30, 2023
  - Revenue: $51.5 million
  - Net income: $2.0 million loss
  - EPS: $(0.18) per diluted share
  - Result: reported results
  source text: Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2023. Fiscal First Quarter 2024 Highlights ➣ Total sales were $51.5 million, compared to $39.3 million in the first quarter of 2023; ➣ Comparable restaurant sales increased 3.8% for the first quarter of 2024 as compared to the first quarter of 2023; ➣
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772177/000095017024001863/0000950170-24-001863-index.htm

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