Kura Sushi USA, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended February 29, 2024
April 05, 2024 at 02:06 am IST
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Kura Sushi USA, Inc. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was USD 57.29 million compared to USD 43.94 million a year ago. Net loss was USD 0.998 million compared to USD 1.02 million a year ago.
For the six months, sales was USD 108.77 million compared to USD 83.26 million a year ago. Net loss was USD 3.05 million compared to USD 3.1 million a year ago.
Kura Sushi USA, Inc. (Kura Sushi) is a technology-enabled Japanese restaurant. Kura Sushi is engaged in serving Japanese cuisine through a sushi service model. Kura Sushi menu comprises nigiri, rolls, hand roll, gunkan, sides, noodles, and desserts. Its nigiri includes seared eel with miso cream cheese, albacore otoro, garlic ponzu salmon, salmon toro and yellowtail. Its rolls include caterpillar roll, ikura norimaki, rainbow roll and shrimp avocado roll. Its hot rolls include avocado hand roll, spicy tuna hand roll, eel hand roll (soy paper) and vegetable hand roll (soy paper). Its gunkan includes ikura (salmon roe), real crab meat and tuna yukhoe. Its sides include chicken gyoza dumplings, fried takoyaki, softshell crab tempura and yellowtail cheek. Its noodles include beef udon, shoyu ramen and tonkotsu ramen. Its desserts include watermelon, vanilla ice cream and watermelon. The Company operates over 54 restaurants across 15 states and Washington, District of Columbia.