Kura Sushi USA Announces Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results

Core Insights - Kura Sushi USA, Inc. reported strong financial results for the fiscal fourth quarter and fiscal year ended August 31, 2025, with total sales reaching $79.4 million, a significant increase from $66.0 million in the same quarter of 2024 [5][10]. - The company opened a record 15 new locations during fiscal 2025, contributing to its growth despite challenges in the consumer environment and tariff pressures [4][16]. Fiscal Fourth Quarter 2025 Highlights - Total sales increased to $79.4 million from $66.0 million in Q4 2024, with comparable restaurant sales rising by 0.2% [5][10]. - Restaurant-level operating profit was $15.7 million, representing 19.8% of sales, compared to $13.8 million or 20.9% of sales in Q4 2024 [11][38]. - Adjusted EBITDA for the quarter was $7.4 million, up from $5.5 million in Q4 2024 [12][38]. - Net income was $2.3 million, or $0.18 per diluted share, compared to a net loss of $5.2 million, or $(0.46) per diluted share, in Q4 2024 [10][11]. Fiscal Year 2025 Financial Results - Total sales for the fiscal year reached $282.8 million, up from $237.9 million in fiscal year 2024 [13]. - Comparable restaurant sales decreased by 1.3%, with traffic down 3.1% but offset by a price/mix increase of 1.8% [13]. - The average unit volume (AUV) was $3.9 million, down from $4.2 million in the previous year [13]. - Adjusted net income for the fiscal year was $0.4 million, or $0.03 per diluted share, compared to an adjusted net loss of $1.8 million, or $(0.16) per diluted share, in fiscal year 2024 [14]. Restaurant Development - In Q4 2025, Kura Sushi opened three new restaurants in Texas, Utah, and Colorado, with an additional three locations opened post-August 31, 2025, in California and New Jersey [16]. Fiscal Year 2026 Outlook - The company projects total sales between $330 million and $334 million for fiscal year 2026, with plans to open 16 new restaurants, maintaining an annual unit growth rate above 20% [21]. - General and administrative expenses are expected to be between 12.0% and 12.5% of sales, with restaurant-level operating profit margins around 18% [21].