earnings
confidence high
sentiment positive
materiality 0.70
Kura Sushi Q2 sales $31.3M, net loss narrows to ($0.19)/share
KURA SUSHI USA, INC.
2022-Q2 EPS reported
-$0.32
revenue$61,122,000
- Total sales $31.3M vs $9.1M in Q2 2021; comp sales up 183% YoY and 11.3% vs Q2 2020.
- Operating loss improved to $1.9M from $3.8M; net loss was $1.9M ($0.19 loss per share).
- Restaurant-level operating profit was $5.6M; adjusted EBITDA was $0.4M.
- Three new restaurants opened in Q2; total unit count not disclosed.
- Adjusted net loss of $0.19 per share vs $0.78 loss per share in prior year period.