Kura Sushi USA Q1 sales slightly beat estimates

Kura Sushi USA

07/01/2026 21:16

Overview

Japanese restaurant chain's fiscal Q1 sales slightly beat analyst expectations

Adjusted loss per share for fiscal Q1 comes below analyst expectations

Company opened four new restaurants during fiscal Q1

Outlook

Kura Sushi expects full-year sales between $330 mln and $334 mln

Company plans to open 16 new restaurants in fiscal 2026

Kura Sushi forecasts restaurant-level operating profit margins of approximately 18%

Result Drivers

TARIFF IMPACT - Co said increase in food and beverage costs was primarily due to tariffs on imported ingredients

LABOR COST MANAGEMENT - Co managed labor costs through menu price increases and operational initiatives, despite labor inflation

NEW RESTAURANT EXPENSES - Co's occupancy costs rose due to opening of 13 new restaurants since Q1 2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$73.50 mln
$72.83 mln (8 Analysts)
Q1 Adjusted EPS
Miss
-$0.23
-$0.14 (8 Analysts)
Q1 EPS
-$0.25
Q1 Adjusted Net Income
Miss
-$2.80 mln
-$1.87 mln (7 Analysts)
Q1 Net Income
-$3.10 mln
Q1 Adjusted EBITDA
Miss
$2.40 mln
$3.47 mln (9 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Kura Sushi USA Inc is $79.00, about 34.3% above its January 6 closing price of $58.83

Press Release: ID:nGNX9NJX1L

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)