NASDAQ$KRUS

Kura Sushi USA Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Kura Sushi's financial performance declined in Q4 2024 compared to the same period last year, with a decrease in comparable restaurant sales and a shift from operating income to operating loss.

Kura Sushi USA reported a decrease in comparable restaurant sales and a shift from operating income to an operating loss. Total sales increased, but the company experienced a net loss, contrasting with the net income reported in the fourth quarter of 2023.

  • Total sales increased to $66.0 million from $54.9 million in Q4 2023.
  • Comparable restaurant sales decreased by 3.1% compared to Q4 2023.
  • The company experienced an operating loss of $5.8 million, a decline from the $2.2 million operating income in Q4 2023.
  • Net loss was $5.2 million, or $(0.46) per diluted share, compared to a net income of $2.9 million, or $0.25 per diluted share, in Q4 2023.

Headline financials

Total Revenue

$66M

Previous: $54.9M+20.2%
EPS (adj)

$0.09

Previous: $0.25-64.0%
Capital Expenditures

-$10.3M

Previous: $11.9M-187.2%
Free Cash Flow

-$9.53M

Previous: -$852K-1018.1%
Net Income

-$5.2M

Previous: $2.9M-279.3%
Operating Income

-$5.81M

Previous: $2.2M-363.9%
Gross Profit

$9.27M

Previous: $9.63M-3.8%
Stock-Based Comp

$1.15M

Previous: $980K+16.8%

Revenue & EPS history

Kura Sushi · Revenue · Quarterly

$66M

Q4 2024+20.2%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Kura Sushi anticipates total sales between $275 million and $279 million and plans to open 14 new restaurants in fiscal year 2025.

Tailwinds

  • Total sales between $275 million and $279 million
  • 14 new restaurants
  • Maintaining an annual unit growth rate above 20%
  • Average net capital expenditures per unit of approximately $2.5 million
  • General and administrative expenses as a percentage of sales to be approximately 13.5%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+2.1%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+10.2%

Avg return

30 days after

52%

16 / 31 earnings

Positive

+43.4%

Q3 2022

Best reaction

-22.4%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026-17.8%-18.5%
Q1 2026+16.8%+29.5%+42.5%
Q4 2025-11.3%-13.0%-1.4%
Q3 2025+1.7%+12.5%+6.4%
Q2 2025+31.6%+25.2%+47.7%
Q1 2025-12.5%-15.0%-30.0%
Q4 2024-4.9%-7.7%+6.8%
Q3 2024-20.8%-11.6%-6.4%
Q2 2024+5.7%+11.1%+1.7%
Q1 2024+19.1%+30.5%+32.7%
Q4 2023-10.6%-16.3%-3.8%
Q3 2023+14.3%+19.5%+5.7%
Q2 2023-14.9%-16.5%-0.8%
Q1 2023-20.6%+2.0%+23.1%
Q4 2022+3.0%+1.1%-2.1%
Q3 2022+43.4%+45.6%+68.4%
Q2 2022-5.6%-6.2%-23.9%
Q1 2022-22.4%-18.3%-36.7%
Q4 2021+36.2%+45.3%+29.5%
Q3 2021+24.4%+32.9%+18.8%
Q2 2021+3.6%+3.0%+10.1%
Q1 2021+10.7%+19.5%+34.0%
Q4 2018+5.9%+10.5%+16.5%
Q4 2020-8.3%-5.6%+7.1%
Q3 2020+4.8%+1.4%+0.5%
Q2 2019-0.7%-12.2%+11.2%
Q2 2020-0.7%-12.2%+11.2%
Q1 2019-3.9%-2.7%-9.2%
Q1 2020-8.0%-12.9%-17.9%
Q3 2019+3.2%+12.1%+31.6%
Q4 2019+3.2%+12.1%+31.6%
Q3 2018

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