Kura Sushi USA Reports 16.2% Revenue Growth, Plans Further Expansion

Kura Sushi USA, Inc. reported a notable increase in financial performance for the three and nine months ended May 31, 2026, with sales reaching $85.9 million and $239.4 million, respectively. This represents a 16.2% increase for the quarter and a 17.7% increase for the nine-month period compared to the same periods in the previous fiscal year. The growth in revenue was primarily driven by the opening of fifteen new restaurants and menu price increases, although comparable restaurant sales saw a slight decline of 0.4% for the quarter, attributed to reduced consumer spending.

The company's operating loss for the three months ended May 31, 2026, improved to $39,000 from a loss of $162,000 in the same quarter of the previous year. For the nine-month period, the operating loss was $5.9 million, a slight improvement from a loss of $6.2 million in the prior year. Net income for the quarter was $423,000, down from $565,000 a year earlier, while the nine-month net loss increased to $4.3 million from $4.2 million. The increase in costs, particularly in food and beverage, labor, and occupancy, contributed to the overall financial results, with total restaurant operating costs rising by 15.9% for the quarter and 18.5% for the nine months.

Kura Sushi continued its strategic expansion, opening twelve new restaurants during the nine months ended May 31, 2026, bringing the total to 91 locations across 22 states and Washington, D.C. The company plans to open a total of 16 new restaurants in fiscal year 2026. This expansion is expected to further increase revenue and restaurant operating costs, while general and administrative expenses are also anticipated to rise to support growth initiatives.

Operationally, Kura Sushi reported a decrease in customer traffic, which fell by 5.1% for the quarter, reflecting broader economic challenges. The company has implemented price increases to manage profitability amid rising costs due to tariffs and inflation. As of May 31, 2026, Kura Sushi had $24.4 million in cash and cash equivalents, down from $47.5 million at the end of the previous fiscal year, and maintained a revolving credit line of $45 million with Kura Japan, its majority stockholder.

Looking ahead, Kura Sushi anticipates continued revenue growth driven by new restaurant openings and menu price adjustments. However, the company remains cautious about the impact of ongoing economic conditions, including inflation and consumer spending trends, on its operations. The management is focused on leveraging its unique dining experience and operational efficiencies to navigate these challenges while aiming for sustainable growth in the coming fiscal periods.