Kura Sushi USA (KRUS)

Company Profile

Kura Sushi USA, Inc. is a technology-enabled Japanese restaurant concept with 28 locations in six states and Washington DC. The Company offers guests a distinctive dining experience built on authentic Japanese cuisine and an engaging revolving sushi service model. Kura Sushi USA, Inc. was established in 2008 as a subsidiary of Kura Sushi, Inc., a Japan-based revolving sushi chain with over 450 restaurants and 35 years of brand history.

Company profile

Ticker

KRUS

Exchange

NASDAQ

Website

kurausa.com

CEO

Hajime Uba

Incorporated

Delaware

Location

California

Fiscal year end

Aug 31

Sector

Accommodation and Food Services > Food Service Contractors

Industry (SIC)

Retail - Eating Places

McDonald`s • Aramark • Yum Brands • Darden Restaurants • Restaurant Brands International • Restaurant Brands International Limited Partnership • Yum China • Bloomin Brands • Dine Brands Global • Arcos Dorados ...

SEC CIK

0001772177

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

IRS number

263808434

KRUS stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$61.50

Low target

$53.00

High target

$70.00

Latest filings (excl ownership)

View all

8-K

Regulation FD Disclosure

13 Mar 23

8-K

Submission of Matters to a Vote of Security Holders

30 Jan 23

EFFECT

Notice of effectiveness

5 Jan 23

Kura Sushi USA Announces Fiscal First Quarter 2023 Financial Results

5 Jan 23

CORRESP

Correspondence with SEC

Additional proxy soliciting materials

13 Dec 22

DEF 14A

Definitive proxy

13 Dec 22

Transcripts

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KRUS

Earnings call transcript

2022 Q4

11 Nov 22

KRUS

Earnings call transcript

2022 Q3

8 Jul 22

KRUS

Earnings call transcript

2022 Q2

8 Apr 22

KRUS

Earnings call transcript

2022 Q1

7 Jan 22

KRUS

Earnings call transcript

2023 Q1

5 Jan 22

KRUS

Earnings call transcript

2021 Q4

12 Nov 21

KRUS

Earnings call transcript

2021 Q3

14 Jul 21

KRUS

Earnings call transcript

2021 Q2

14 Apr 21

KRUS

Earnings call transcript

2021 Q1

12 Jan 21

KRUS

Earnings call transcript

2020 Q4

16 Nov 20

Latest ownership filings

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Portolan Capital Management, LLC

20 Jan 23

Financial summary

Financial statements Chart KRUS financial data

Quarter (USD)	Nov 22	Aug 22	May 22	Feb 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Aug 22	Aug 21	Aug 20	Aug 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	26.93 mm	26.93 mm	26.93 mm	26.93 mm	26.93 mm	26.93 mm
Cash burn (monthly)	2.95 mm	1.46 mm	718.67 k	132.08 k	(no burn)	(no burn)
Cash used (since last report)	11.38 mm	5.62 mm	2.77 mm	509.73 k	n/a	n/a
Cash remaining	15.55 mm	21.31 mm	24.16 mm	26.42 mm	n/a	n/a
Runway (months of cash)	5.3	14.6	33.6	200.1	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

KRUS institutional ownership history Ownership history

14.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	97	89	+9.0%
Opened positions	26	34	-23.5%
Closed positions	18	17	+5.9%
Increased positions	40	26	+53.8%
Reduced positions	21	20	+5.0%

13F shares	Current	Prev Q	Change
Total value	209.75 bn	730.44 mm	+28616.1%
Total shares	9.96 mm	9.42 mm	+5.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Kura Sushi	5.13 mm	$414.43 mm	0.0%
Stephens	899.49 k	$42.89 bn	+5.2%
Portolan Capital Management	333.36 k	$15.89 bn	+12.4%
FMR	307.78 k	$14.67 bn	+0.7%
BLK Blackrock	279.68 k	$13.34 bn	+7.8%
Driehaus Capital Management	246.30 k	$11.74 bn	-13.5%
Vanguard	217.52 k	$10.37 bn	+0.4%
Fred Alger Management	214.34 k	$10.22 bn	NEW
Marshall Wace	204.84 k	$9.77 bn	+148.6%
AMP Ameriprise Financial	198.80 k	$9.48 bn	+0.1%

Largest transactions	Shares	Bought/sold	Change
Fred Alger Management	214.34 k	+214.34 k	NEW
Marshall Wace	204.84 k	+122.46 k	+148.6%
STT State Street	80.76 k	+80.76 k	NEW
Pier Capital	72.95 k	+72.95 k	NEW
Citadel Advisors	52.26 k	+52.26 k	NEW
Advisory Research	45.38 k	+45.38 k	NEW
Stephens	899.49 k	+44.56 k	+5.2%
Lord, Abbett & Co.	166.07 k	-41.06 k	-19.8%
Driehaus Capital Management	246.30 k	-38.49 k	-13.5%
Portolan Capital Management	333.36 k	+36.74 k	+12.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

KRUS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Feb 23	Carin Stutz	Class A Common Stock	Grant	Acquire A	No	No	0	804	0.00	1,154
1 Feb 23	Seitaro Ishii	Class A Common Stock	Grant	Acquire A	No	No	0	804	0.00	804
1 Feb 23	Kim Ellis	Class A Common Stock	Grant	Acquire A	No	No	0	804	0.00	804
1 Feb 23	Shahin Allameh	Class A Common Stock	Grant	Acquire A	No	No	0	700	0.00	700
1 Feb 23	Shahin Allameh	Option to Purchase Class A Common Stock Class A Common Stock	Grant	Acquire A	No	No	62.14	2,710	168.40 k	2,710
1 Feb 23	Uttz Jeffrey J	Class A Common Stock	Grant	Acquire A	No	No	0	1,013	0.00	1,013
1 Feb 23	Uttz Jeffrey J	Option to Purchase Class A Common Stock Class A Common Stock	Grant	Acquire A	No	No	62.14	3,925	243.90 k	3,925