KRUS earnings analysis
What we found in KRUS's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Kura Sushi reported Q3 2026 revenues of $85.9 million, a 16.2% increase from Q3 2025. The diluted EPS of $0.03 surpassed estimates of a loss of $0.03, reflecting operational improvements despite rising costs. The company opened 12 new restaurants in the first nine months of fiscal 2026, contributing to growth but offset by a decline in comparable restaurant sales.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 16.2%
- Q3 2026 revenue was $85.9 million, up from $74.0 million in Q3 2025.
- EPS Turns Positive
- Reported EPS for Q3 2026 was $0.03, against an estimated loss of $0.03.
- Restaurant-Level Operating Profit Margin Increases
- Margin improved to 19.1% in Q3 2026 from 18.2% in Q3 2025.
- New Restaurant Openings Drive Sales
- Opened 15 new restaurants since May 2025, enhancing sales capacity.
- Cash Flow from Operations Improved
- Operating cash flow increased to $18.4 million for the nine months ended May 31, 2026.
- Guidance on Total Sales Reiterated
- Fiscal year 2026 revenue guidance remains at $330.5 million to $331.5 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Comparable Restaurant Sales Decline
- Comparable restaurant sales decreased by 0.4% in Q3 2026, indicating potential demand weakness.
- Rising Food and Beverage Costs
- Food and beverage costs increased by 23.8% to $25.9 million, influenced by tariffs.
- General and Administrative Expenses Rising
- G&A expenses rose 16.6% to $10.2 million, potentially affecting net profits.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.03
What they said about what is next.
Fiscal year 2026 revenue guidance remains unchanged, targeting $330.5M to $331.5M.
The filing reads better than the one before it.
What came before.
- 10-Q · April 7, 2026
- Kura Sushi reported a strong revenue beat with sales of $80,018,000 for the quarter (up from $64,894,000 a year ago, +23.3%) and margin improvement, but remains loss-making. Operating loss narrowed to $(2,228,000) and…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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