earnings
confidence high
sentiment neutral
materiality 0.60
Kura Sushi Q2 FY2024: Sales $57.3M (+30%), comp sales +3.0%, operating loss $1.7M
KURA SUSHI USA, INC.
2024-Q2 EPS reported
-$0.27
revenue$108,766,000
- Total sales $57.3M, up from $43.9M in Q2 FY2023.
- Comparable restaurant sales increased 3.0% year-over-year.
- Operating loss widened to $1.7M from $1.0M in prior-year quarter.
- Net loss $1.0M ($0.09 per diluted share) vs $1.0M ($0.10 per share) a year ago.
- Opened five new restaurants; restaurant-level operating profit $11.2M (19.6% of sales).