UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 28, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39012 KURA SUSHI USA, INC. (Exact Name of Registrant as Specified in its Charter) (State or other jurisd ...

24 87 184 Current Restaurant Count Potential in Existing States Potential in New States Total U.S. Potential POTENTIAL FOR OVER 290 RESTAURANTS IN 70 MARKETS(1) <5 Total Potential Locations 5-9 Total Potential Locations 10-19 Total Potential Locations 20+ Total Potential Locations 5 Source: Buxton analysis 1. Core-Based Statistical Areas, as defined by the U.S. Office of Management and Budget. PURSUE NEW RESTAURANT DEVELOPMENT IN EXISTING AND NEW MARKETS (CONT'D) DISCIPLINED SITE SELECTION PROCESS KEY SITE ...

Kura Sushi USA, Inc. (NASDAQ:KRUS) Q3 2023 Earnings Conference Call January 5, 2022 5:00 PM ET Company Participants Benjamin Porten - Senior Vice President-Investor Relations and Business Development Jimmy Uba - President and Chief Executive Officer Jeff Uttz - Chief Financial Officer Conference Call Participants Daniel Gold - BMO Capital Markets Jeremy Hamblin - Craig-Hallum Capital Group Sharon Zackfia - William Blair Joshua Long - Stephens Inc. George Kelly - ROTH Capital Partners Operator Good afternoon ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 (Exact Name of Registrant as Specified in its Charter) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39012 KURA SUSHI USA, INC. | Delaware | 26-380843 ...

Kura Sushi USA, Inc. (NASDAQ:KRUS) Q4 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Benjamin Porten – Senior Vice President-Investor Relations and Business Development Jimmy Uba – President and Chief Executive Officer Jeff Uttz – Chief Financial Officer Conference Call Participants Joshua Long – Stephens Inc. Daniel Gold – BMO Capital Markets Sharon Zackfia – William Blair Jeremy Hamblin – Craig-Hallum Capital Group George Kelly – ROTH Capital Partners Operator Good afterno ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMMISSION FILE NO.: 001-39012 KURA SUSHI USA, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Del ...

Kura Sushi USA, Inc. (NASDAQ:KRUS) Q3 2022 Earnings Conference Call July 7, 2022 5:00 PM ET Company Participants Benjamin Porten - Vice President of Investor Relations and Business Development Hajime Uba - President and Chief Executive Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Sharon Zackfia - William Blair George Kelly - ROTH Capital Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Kura Sushi USA, Inc. Fiscal Third Quarter 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39012 KURA SUSHI USA, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-3808434 (State ...

Kura Sushi USA, Inc. (NASDAQ:KRUS) Q2 2022 Results Conference Call April 7, 2022 5:00 PM ET Company Participants Hajime “Jimmy” Uba - President and CEO Benjamin Porten - VP, IR and Business Development Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Matt Curtis - William Blair George Kelly - ROTH Capital Partners James Rutherford - Stephens Inc. Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Kura Sushi USA Fiscal Second Quarter 2022 Earn ...

Sales Performance - Sales for the three months ended February 28, 2022, were $31.3 million, an increase of $22.2 million or 244.5% compared to $9.1 million for the same period in 2021[79]. - For the six months ended February 28, 2022, sales were $61.1 million, an increase of $42.6 million or 230.5% compared to $18.5 million for the same period in 2021[76]. - Comparable restaurant sales performance increased by 182.9% for the three months ended February 28, 2022, compared to a decline of 60.2% in the same period of 2021[113]. Restaurant Operations - The company opened three new restaurants during the three months ended February 28, 2022, and one additional restaurant in Watertown, MA, bringing the total to 37 restaurants operating without government restrictions on indoor dining capacity[61]. - The company plans to continue opening new restaurants in locations with potential for profitability, although future sales levels remain uncertain due to the ongoing impact of the COVID-19 pandemic[64]. - The company opened 3 new restaurants in the three months ended February 28, 2022, bringing the total to 36 restaurants, up from 30 at the end of the same period in 2021[114]. Financial Results - The net loss for the three months ended February 28, 2022, was $1.9 million, a reduction of $2.0 million or 51.6% compared to a net loss of $3.9 million for the same period in 2021[76]. - For the three months ended February 28, 2022, the company reported a net loss of $1.879 million, an improvement from a net loss of $3.881 million in the same period of 2021[104]. - Adjusted EBITDA for the six months ended February 28, 2022, was $1.178 million, compared to an adjusted EBITDA of $(8.961) million for the same period in 2021, reflecting a significant recovery[104]. Operating Costs - Total restaurant operating costs for the three months ended February 28, 2022, were $27.6 million, an increase of $17.7 million or 178.7% compared to $9.9 million for the same period in 2021[76]. - Labor and related costs increased to $10.3 million for the three months ended February 28, 2022, representing a 401.8% increase from $2.1 million in the same period in 2021[76]. - Food and beverage costs rose to $18.3 million for the six months ended February 28, 2022, up from $6.2 million in the prior year, an increase of 194.4%[89]. Cost Management - The company has been able to partially offset cost increases in food and beverage prices by increasing menu prices and making operational adjustments[133]. - Inflationary pressures primarily stem from food and beverage costs, labor costs, and energy costs, with potential impacts on operating results if costs cannot be passed through to customers[134][135]. - The company has mitigated increased costs by gradually increasing menu prices, but future pricing flexibility may be limited by competitive conditions[135]. Cash Flow and Financing - Net cash provided by operating activities during the six months ended February 28, 2022, was $9.722 million, a turnaround from a net cash used of $(8.932) million in the same period of 2021[119]. - Net cash used in investing activities for the six months ended February 28, 2022, was $13.2 million, an increase from $9.9 million in the same period of 2021, primarily due to $12.3 million in property and equipment purchases[122][123]. - Net cash used in financing activities during the six months ended February 28, 2022, was $0.6 million, a significant decrease from $11.8 million provided in the same period of 2021, which was mainly due to loan proceeds[124]. Future Outlook - The ongoing impact of the COVID-19 pandemic remains uncertain and may materially affect the company's business and financial results[115]. - The company expects restaurant-level operating profit to increase in proportion to the number of new restaurants opened and comparable restaurant sales growth[105]. - The company expects to continue evaluating its estimates and assumptions based on past experiences and current events[127].