earnings
confidence high
sentiment negative
materiality 0.75
Kura Sushi Q4 FY2024: Net loss $5.2M vs prior year net income $2.9M; comp sales -3.1%
KURA SUSHI USA, INC.
- Total sales $66.0M, up 20.2% YoY from $54.9M; comparable restaurant sales decreased 3.1%.
- Operating loss of $5.8M, compared to operating income of $2.2M in Q4 FY2023.
- Net loss $5.2M ($0.46 diluted EPS); adjusted net income $1.0M ($0.09 diluted EPS).
- Restaurant-level operating profit $13.8M (20.9% of sales); adjusted EBITDA $5.5M.