Kura Sushi USA Announces Fiscal Third Quarter 2026 Financial Results

About this update from Kura Sushi Usa, Inc.

IRVINE, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal third quarter ended May 31, 2026.Fiscal Third Quarter 2026 HighlightsTotal sales were $85.9 million, compared to $74.0 million in the third quarter of 2025;Comparable restaurant sales decreased 0.4% for the third quarter of 2026 as compared to the third quarter of 2025;Operating loss was $39 thousand, compared to an operating loss of $162 thousand in the third quarter of 2025;Net income was $0.4 million, or $0.03 per diluted share, compared to net income of $0.6 million, or $0.05 per diluted share, in the third quarter of 2025;Restaurant-level operating profit* was $16.4 million, or 19.1% of sales;Adjusted EBITDA* was $6.6 million; andSeven new restaurants opened during the fiscal third quarter of 2026.* Restaurant-level operating profit and Adjusted EBITDA are non-GAAP measures and are defined below under “Key Financial Definitions.” Please see the reconciliation of non-GAAP measures accompanying this release. See also “Non-GAAP Financial Measures” below.Hajime Uba, President and Chief Executive Officer of Kura Sushi, stated, “During the fiscal third quarter, we were able to make significant progress towards our goals of sustainable margin improvement and returning to our historical 20% restaurant-level operating profit margins regardless of tariff relief. Despite our costs of goods sold as a percentage of sales being 200 basis points higher than last year due to tariffs, our operational discipline allowed us to more than offset this impact and improve our restaurant-level operating profit margin by 90 basis points over the prior year to 19.1%. We were also able to improve Adjusted EBITDA margins by 40 basis points, to 7.7%, and grew our Adjusted EBITDA by more than 20% over the prior year. Our ability to improve profitability in a challenging environment speaks to what we do best: responding rapidly to control what we can control.”Review of Fiscal Third Quarter 2026 Financial Results Total sales were $85.9 million compared to $74.0 million in the third quarter of 2025. Comparable restaurant sales decreased 0.4%, consisting of negative traffic of 5.1% and a price/mix of 4.7%, for the third quarter of 2026 as compared to the third quart...

View stock analysis, news, and events for Kura Sushi Usa, Inc.