Kura Sushi USA, Inc. (KRUS) Earnings Call Transcripts

Kura Sushi USA, Inc.'s Latest Earnings Call - Q2 FY2026

In the fiscal second quarter of 2026, Kura Sushi USA, Inc. reported total sales of $80 million, a significant increase from $64.9 million in the prior year, driven by an 8.6% growth in comparable sales. The company narrowed its full-year sales guidance to between $333 million and $335 million, reflecting a cautious optimism after a strong Q2 performance. Despite a net loss of $1.7 million, improvements in operational efficiency and cost management were highlighted, with management signaling a commitment to maintaining positive comparable sales growth for the remainder of the fiscal year.

Reported metrics

Guidance from management

Kura Sushi maintained its full-year sales guidance of $333 million to $335 million and expects to open 16 new units. Management indicated that G&A expenses as a percentage of sales will be approximately 12%, excluding litigation expenses.

What management said

Thanks, Jeff. This concludes our prepared remarks. We are now happy to answer any questions you have. Operator, please open the line for questions. As a reminder, during the Q&A session, I may answer in Japanese before my response is translated into English.

[Interpreted] Charles or Andrew Charles, my grandfather's names Charles. Andrew, this is Ben. In terms of the guidance that we've provided, it really -- it incorporates the better-than-expected performance in Q2. But just given there's work going on, and we don't know how it's going to play out. We felt it was prudent in terms of our guidance, just to add the upside from Q2, but not to extrapolate further from that. ...

What analysts pressed on

Analysts expressed concern about the sustainability of comparable sales growth, particularly in light of rising gas prices and potential impacts on consumer behavior. There were also questions regarding the company's ability to manage food cost inflation amid ongoing tariff challenges.

Main topics on the call

• Comparable Sales Growth — Kura Sushi achieved an impressive 8.6% growth in comparable sales for Q2, with 4.3% attributed to traffic and 4.3% from price and mix. Management stated, 'Our year-to-date comparable sales growth as of the end of the fir...
• Operational Efficiency — The company reported a significant improvement in restaurant-level operating profit margins, increasing from 17.3% to 18.2% year-over-year. This was attributed to 'operational initiatives on the better set of leverage.'
• Cost of Goods Sold — Cost of goods as a percentage of sales rose to 30.4% from 28.7% in the prior year, primarily due to commodity inflation and tariffs. Management noted, 'We continue to expect 3-year COGS to be approximately 30%.'
• Unit Development — Kura Sushi opened one new unit in Q2 and plans to maintain its target of 16 new openings for fiscal 2026. Management expressed confidence in sustaining a growth rate above 20%, stating, 'Fiscal '26 is shaping up to be ju...

Read the full Kura Sushi USA, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Kura Sushi USA, Inc. earnings call transcripts on record, spanning January 8, 2020 to July 7, 2026. Based on this history, Kura Sushi USA, Inc. reports quarterly. The most recent call on file is dated July 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KRUS

Exchange

NasdaqGM

Country

US

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

28

First call

January 8, 2020

Most recent

July 7, 2026

Reporting cadence

quarterly