secwatch.observer — SEC 8-K summary
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Issuer:     KURA SUSHI USA, INC. (KRUS)
CIK:        0001772177
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0000950170-24-001863
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772177/000095017024001863/0000950170-24-001863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772177/000095017024001863/krus-20240104.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-001863

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer