Kura Sushi Q3 FY2024 net loss $0.6M; appoints Treasa Bowers, 7-Eleven exec, to board

KURA SUSHI USA, INC.

2024-Q3 EPS reported -$0.32 revenue$171,848,000

Total sales $63.1M (up 28% YoY from $49.2M); comparable sales +0.6% for Q3.
Operating loss of $1.2M vs operating income of $1.3M in Q3 2023; restaurant-level profit margin 20.0%.
Diluted EPS loss $0.05 vs diluted EPS income $0.16 prior year; adjusted diluted EPS $0.00.
Board expanded to six directors; Treasa Bowers appointed, also joins Audit and Compensation Committees.
Bowers is EVP/CHRO of 7-Eleven; receives $100k annual retainer (cash + RSUs) and options for 2,000 shares.

item 2.02 item 5.02 item 8.01 item 9.01

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Appointed

Treasa Bowers

member of the Board

KRUS · KURA SUSHI USA, INC.

Effective: 2024-07-09
Filed: July 9, 2024, 7:59 PM ET

appointed Ms. Treasa Bowers as a member of the Board.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Treasa Bowers was appointed as member of the Board at KURA SUSHI USA, INC..

Action: appointed
Role: member of the Board

Exact text from the filing

appointed Ms. Treasa Bowers as a member of the Board.

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KURA SUSHI USA, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-082420

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