Kura Sushi USA reported third-quarter results for the period ended May 31, 2026, with revenue of $85.9M, up from $74M a year earlier, while net income attributable to common stockholders fell to $0.42M and diluted EPS was $0.03.
Financial Highlights
- Revenue was $85.9M for the three months ended May 31, 2026, compared with $74.0M in the year-ago quarter; YoY change 16.2%.
- Net income attributable to common stockholders was $0.42M for the quarter, compared with $0.57M in the year-ago quarter; YoY change (25.1%).
- Diluted earnings per share was $0.03 for the quarter, versus $0.05 in the year-ago quarter.
Business Highlights
- Sales grew 17.7% year-to-date, driven by new restaurant openings and menu price increases; three-month growth was 16.2%.
- Restaurant footprint expanded with 12 openings year-to-date (15 since May 31, 2025); the company operated 94 locations nationwide and expects 16 openings in FY26.
- Comparable sales were up 1.8% year-to-date, though comparable sales for the quarter fell 0.4% and traffic declined amid pressured consumer spending.
- Food costs rose roughly 2 percentage points of sales due to tariffs and commodity inflation; the company implemented two menu price increases in FY26 and operational changes (reservations and scheduling) to support margins.
Original SEC Filing:
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