Seeking Alpha • Apr 08

Kura Sushi: Recovering Comps May Signal Beginning Of Turnaround (Upgrade)

Summary Kura Sushi is upgraded to "Neutral" as recent fiscal Q2 results show improved comp sales and restaurant profit margins. KRUS benefits from first-mover advantage as a national sushi chain in the United States and is driving operating efficiencies, especially in labor. Comp sales trends remain volatile, and macro headwinds, including consumer weakness and limited cash ($26 million), constrain expansion potential. KRUS is best approached as a "watch and wait" stock given choppy performance and uncertain growth consistency. Read the full article on Seeking Alpha

Articolo di analisi • Jan 10

Kura Sushi USA, Inc. (NASDAQ:KRUS) Looks Just Right With A 31% Price Jump

Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shares have had a really impressive month, gaining 31% after a shaky period...

Articolo di analisi • Dec 05

We Think Kura Sushi USA (NASDAQ:KRUS) Can Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Articolo di analisi • Sep 19

Why Investors Shouldn't Be Surprised By Kura Sushi USA, Inc.'s (NASDAQ:KRUS) P/S

Kura Sushi USA, Inc.'s ( NASDAQ:KRUS ) price-to-sales (or "P/S") ratio of 3.5x may not look like an appealing...

Articolo di analisi • Aug 14

We're Hopeful That Kura Sushi USA (NASDAQ:KRUS) Will Use Its Cash Wisely

NasdaqGM:KRUS 1 Year Share Price vs Fair Value Explore Kura Sushi USA's Fair Values from the Community and select yours...

Seeking Alpha • Apr 19

Kura Sushi: Sharp Declines In Traffic Are Worrying (Rating Downgrade)

Summary Tariffs and waning consumer confidence are significantly impacting Kura Sushi, leading to a downgrade to a sell rating due to supply chain uncertainties and declining same-store sales. Kura Sushi's Q2 results show a concerning trend, with a 5.3% y/y decline in comparable sales and an 8.5% drop in customer traffic. Despite maintaining its full-year sales target, Kura Sushi's ability to achieve 14% y/y growth in 2H appears unrealistic given current trends. Margins are deteriorating, with adjusted EBITDA margins down 90bps y/y and restaurant-level operating margins down 230bps y/y, despite efforts to improve operations. Read the full article on Seeking Alpha

Seeking Alpha • Apr 12

Kura Sushi: Fire In Gasoline As Tariff Pause Sparks A Rally

Summary Kura Sushi's stock surged nearly 30% due to a tariff pause and a smoother-than-expected transition quarter, reaffirming its growth story. Despite higher construction costs from tariffs, Kura's expansion remains strong with 14 new locations planned for FY 2025. Same-store sales declined, but new openings and weather impacts suggest the dip isn't as severe as it appears. Reiterating a 'buy' rating with a $90 price target, Kura Sushi offers a 40% margin of safety and strong growth potential. Read the full article on Seeking Alpha

Articolo di analisi • Apr 05

With A 28% Price Drop For Kura Sushi USA, Inc. (NASDAQ:KRUS) You'll Still Get What You Pay For

To the annoyance of some shareholders, Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shares are down a considerable 28% in the...

Seeking Alpha • Mar 19

Kura Sushi: Biting Into This Temaki Near The Support Line

Summary The market correction has led to significant declines in risk assets, with the S&P down 3.73% YTD and restaurant stocks heavily impacted. Kura Sushi's stock plummeted 42% YTD due to various setbacks, but its current price presents a compelling growth story with a 42% margin of safety. Despite challenges, Kura Sushi's expansion and operational improvements position it for potential positive EPS in FY 2025, making it an attractive buy. Technically, buying Kura Sushi in the $50s with a stop loss at $48 offers a favorable risk-reward ratio, targeting $80-$90, potentially reaching $100. Read the full article on Seeking Alpha

Articolo di analisi • Mar 13

Kura Sushi USA (NASDAQ:KRUS) Is In A Good Position To Deliver On Growth Plans

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Articolo di analisi • Feb 06

Kura Sushi USA, Inc. (NASDAQ:KRUS) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shareholders won't be pleased to see that the share price has had a very rough...

Seeking Alpha • Jan 29

Kura Sushi: Dig In, This Dip Is A Well-Timed Buying Opportunity

Summary Shares of Kura Sushi have dropped more than 20% so far in 2025 after the company completed a secondary offering to build up cash for new store expansion. Kura Sushi USA faces inflation challenges but plans 20%+ annual unit growth to fill the mid-scale sushi chain gap in the U.S. market. The company is rehauling operations and streamlining corporate overhead to combat rising labor costs and improve margins. Q1 results showed a return to positive comparable sales trends, which stacked on top of store expansion has led to mid-20s growth. The stock's revenue multiple sits below several peers. Read the full article on Seeking Alpha

Seeking Alpha • Jan 15

Kura Sushi: Weakest Guidance Sets The Tone From Here On Out

Summary Kura Sushi's Q1 FY 2025 results showed mixed performance with 1.8% same-store sales growth but a 2.3% decline in traffic, leading to a 10% share drop. The company is implementing a '50-50 Strategy' to expand into new markets, aiming to mitigate cannibalization and diversify its footprint beyond high DMAs. Despite strong unit growth and a 5.5% adjusted EBITDA margin, Kura Sushi's valuation remains high with a P/S of 3.93, raising concerns about its sustainability. Market sentiment is cautious due to weaker-than-expected guidance and inflation concerns, making it prudent to seek more discounted investment opportunities. Read the full article on Seeking Alpha

Seeking Alpha • Dec 29

Kura Sushi: Recent Pullback Doesn't Turn $90 Into A Bargain

Summary Kura Sushi's stock dropped nearly 15% in the last month due to market reevaluation of its growth expectations and high valuation multiples. Despite strong top-line sales and pipeline growth, Kura Sushi's high P/S ratio and cannibalization issues make it overvalued compared to peers. Valuation models indicate a target price between $85-$95, suggesting limited upside potential and a need for a greater price drop for a safer investment. Investors should consider alternatives like Portillo's or Gen Korean BBQ, which offer similar growth prospects at more reasonable valuations. Read the full article on Seeking Alpha

Seeking Alpha • Dec 24

Kura Sushi: Worth A Bet As Expansion Plans And Labor Overhaul Take Hold

Summary I'm initiating Kura Sushi USA at a buy rating. This is an excellent small-cap growth stock for investors who want to rotate away from outperforming large caps in 2025. The company recently completed a financing that gives it over $100 million in cash (versus $2.5 million for each new store opening). It's planning for 14 new stores in FY25 (~22% unit growth) and is targeting 20%+ unit expansion per year. A labor model rehaul, focused on back-of-house streamlining and self-seating, is also expected to drive margin expansion next year. Read the full article on Seeking Alpha

Seeking Alpha • Nov 14

Kura Sushi: Southwest Slump Puts Pressure On Stock, But It's Still Expensive

Summary Kura Sushi faces significant challenges with cannibalization and operational deleveraging, impacting comparable sales and margins, with a full remedy expected by FY 2026. Q4 2024 saw a 3.1% year-over-year decline in comparable sales, driven by weak performance in key markets like Houston and Dallas. Management plans to address these issues by focusing on new openings in untapped markets and implementing price increases to boost Q1 2025 sales. Despite recent share price drops, I maintain a 'Hold' rating with a $90 price target, citing ongoing risks and a lack of margin of safety. Read the full article on Seeking Alpha

Seeking Alpha • Oct 31

Kura Sushi: 'Cannibalization' Worries, But California Sets The Mood For Q4

Summary Unexpected slowdown: Kura Sushi reported flat comparable sales of 0.6% in Q3 2024, with California showing significant weakness. Traffic decline issue: Traffic continued to drop while Kura struggled to grow average checks, projecting negative comps for Q4. 'Cannibalization' challenge: Rapid expansion, particularly in California and Texas, hurt unit-level performance and traffic management. Valuation outlook: Using a Comps Model, Kura's projected PT averages around $93, reflecting potential overvaluation based on EV/S. Read the full article on Seeking Alpha

Articolo di analisi • Oct 08

Market Participants Recognise Kura Sushi USA, Inc.'s (NASDAQ:KRUS) Revenues Pushing Shares 31% Higher

Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shares have continued their recent momentum with a 31% gain in the last month...

Seeking Alpha • Aug 25

Kura Sushi: They Have The Growth, But They Don't Have The Profitability

Summary [SUMMARY]. Kura Sushi USA is a growing chain of modern Japanese restaurants with ambitions to expand to 290 locations in the US. The company has a strong balance sheet but is trading at a premium price/book value. Despite impressive sales growth, Kura Sushi is not yet profitable and does not return value to shareholders, making it a risky investment. Read the full article on Seeking Alpha

Articolo di analisi • Aug 24

Investors Appear Satisfied With Kura Sushi USA, Inc.'s (NASDAQ:KRUS) Prospects As Shares Rocket 29%

Those holding Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shares would be relieved that the share price has rebounded 29% in...

Articolo di analisi • Aug 01

We're Not Very Worried About Kura Sushi USA's (NASDAQ:KRUS) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Articolo di analisi • Jun 16

Why We're Not Concerned Yet About Kura Sushi USA, Inc.'s (NASDAQ:KRUS) 26% Share Price Plunge

Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shares have had a horrible month, losing 26% after a relatively good period...

Seeking Alpha • Jun 14

Kura Sushi's Growth Comes With Negative Caveats

Summary Kura Sushi operates revolving sushi bars in the US, and has grown the restaurant network aggressively. Profitability continues to be weak, partly due to growth-related expenses and a new restaurant base. Although margin improvements are likely, the industry's typical margins don't provide a very attractive outlook. With continuous high capex, cash flows are weak. The balance sheet provides capital for a couple of years, but improved profitability is needed in the midterm to fuel aggressive growth. The stock seems to be overvalued by a wide margin with my financial estimates. Read the full article on Seeking Alpha

Articolo di analisi • Apr 11

Kura Sushi USA, Inc. (NASDAQ:KRUS) Not Flying Under The Radar

Kura Sushi USA, Inc.'s ( NASDAQ:KRUS ) price-to-sales (or "P/S") ratio of 6x may look like a poor investment...

Seeking Alpha • Apr 02

Kura Sushi: 4 Reasons Why I Won't Be Taking A Bite

Summary Kura Sushi is a high-growth company expanding rapidly across the United States. The company has poor long-term incentives for management, with little alignment with shareholders and a focus on growing revenue rather than per share improvements. Kura Sushi also faces stiff competition in a saturated market, with numerous sushi shops and other Asian and non-Asian cuisine options. The company's low price point puts pressure on maintaining profitability, and its margins are unlikely to improve much from here. Even with the most aggressive assumptions, I believe shares of Kura Sushi have at least 60% downside from here. Read the full article on Seeking Alpha

Articolo di analisi • Dec 28

Why Investors Shouldn't Be Surprised By Kura Sushi USA, Inc.'s (NASDAQ:KRUS) 27% Share Price Surge

Kura Sushi USA, Inc. ( NASDAQ:KRUS ) shares have had a really impressive month, gaining 27% after a shaky period...

Articolo di analisi • Sep 11

Kura Sushi USA, Inc. (NASDAQ:KRUS) Shares Could Be 24% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Kura Sushi USA is US$107 based on 2 Stage Free Cash Flow to Equity Kura Sushi...

Articolo di analisi • Aug 16

Kura Sushi USA (NASDAQ:KRUS) Will Be Hoping To Turn Its Returns On Capital Around

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Articolo di analisi • Jun 22

Is It Too Late To Consider Buying Kura Sushi USA, Inc. (NASDAQ:KRUS)?

Kura Sushi USA, Inc. ( NASDAQ:KRUS ), might not be a large cap stock, but it received a lot of attention from a...

Articolo di analisi • May 21

Calculating The Intrinsic Value Of Kura Sushi USA, Inc. (NASDAQ:KRUS)

Key Insights Kura Sushi USA's estimated fair value is US$65.37 based on 2 Stage Free Cash Flow to Equity With US$69.48...

Articolo di analisi • Apr 17

We're Not Very Worried About Kura Sushi USA's (NASDAQ:KRUS) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Articolo di analisi • Jan 09

Companies Like Kura Sushi USA (NASDAQ:KRUS) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Seeking Alpha • Oct 03

Kura Sushi names Jeff Uttz as CFO

Kura Sushi (NASDAQ:KRUS) has announced that Jeff Uttz has been named the Company’s new Chief Financial Officer, effective Oct. 3, 2022. Mr. Uttz brings to Kura a wealth of industry experience, most recently as CFO for Shake Shack, for a period of four years where he was instrumental in preparing Shake Shack Inc. for its IPO in 2015.

Seeking Alpha • Sep 26

Kura Sushi: A Solid Buy-The-Dip Candidate

Summary Kura Sushi is one of the best-performing restaurant stocks in Q3, up 26% vs. a 6% increase in the AdvisorShares Restaurant ETF (EATZ). The impressive performance can be attributed to its blowout fiscal Q3 report, with record sales, strong margin expansion, and impressive cost controls relative to its peer group. Based on the strong year-to-date results, I see the stock as a solid buy-the-dip candidate, with pullbacks below $54.50 providing low-risk buying opportunities. Just over two months ago, I wrote on Kura Sushi, noting that valuation remained an issue from an investment standpoint and that rallies above $55.00 would present an opportunity to book some profits. This turned out to be a terrible call, with the stock blasting through the $55.00 level with ease after a fiscal Q3 earnings report that can be described as nothing less than phenomenal. The significant breakout has improved the technical picture, and the margin performance has reinforced the justification for rapidly growing new units, given the impressive unit economics. Based on the strong year-to-date results, I see the stock as a solid buy-the-dip candidate. Kura Sushi Restaurant (Company Website) Q3 Results Kura Sushi released its fiscal Q3 results in July, reporting record revenue of $38.0 million, a 105% increase from the year-ago period. This was driven by strong comp sales and industry-leading unit growth, with comp sales up 65% year-over-year and six new restaurant openings (37 vs. 31 at the end of the period). These results were even more impressive given that the industry struggled immensely in calendar year Q2, with consumers pulling back from dining out due to rising gas prices, higher mortgage costs, and higher grocery prices. Kura Sushi - Quarterly Revenue (Company Filings, Author's Chart) Kura Sushi ("Kura") noted in its prepared remarks that it opened one new restaurant in the period, has opened five year-to-date and is now planning to open 8 for the year. This would represent 25% growth year-over-year from its 32 restaurants open as of August 2021, and importantly, its guest reception is exceeding expectations at its new openings. From a productivity standpoint, the company has done a great job, completing its robot server rollout ahead of schedule. The initiative is expected to reduce the workload of its front-of-house staff and could boost retention, with front-of-house staff being less overwhelmed during busy periods than other dine-in brands. Kura Sushi Server (RobotLAB Group) While the earlier-than-planned rollout and exceptional sales performance were commendable, the margin performance in the quarter really stood out. In a period when the industry has been reporting rising food & beverage and labor costs despite menu price increases, Kura saw a 560 basis point decline in labor costs and a 200 basis point decline in food/beverage costs year-over-year. This resulted in a significant increase in restaurant-level operating margins, which came in at 22.5% in Q3 2022, a massive jump from 5.8% in Q3 2021 and (-) 3.8% year-to-date. This impressive margin performance was helped by menu price increases, sales leverage, and less food spoilage, offset by industry-wide inflationary pressures. The result was that Kura's adjusted EBITDA improved to $3.2 million from (-) $2.6 million, and restaurant-level operating profit soared to $8.5 million, up from $1.1 million last year. Given the company's industry-leading unit growth, this should lead to a record year for Kura by a wide margin, with annual EBITDA expected to come in at ~$7.5 million, improving to $13.0 million next year based on current estimates. Industry Trends & Recent Developments If we look at the industry, Q2 was rough, to say the least, with consumers pulling back from a spending standpoint, evidenced by declining traffic in May, June, and July. While this impacted nearly all brands, Kura Sushi noted that it's been benefiting from a higher average check due to both menu pricing and more plates per visit, and its sales leverage has helped mitigate cost pressure. The good news is that if Kura has already seen margin gains in a highly inflationary environment and the theme appears to be that commodity prices are stabilizing and peaking in some cases, the company should see further gains in FY2023. Wholesale Food Prices (National Restaurant Association, BLS) Meanwhile, from a traffic standpoint, the lower gas prices ($3.80/gallon vs. $5.00/gallon) could help the industry a little from a sentiment standpoint, with this being one less thing in consumer's faces they have to worry about that's impacting their discretionary budget. Although this is partially offset by higher mortgage costs and grocery costs continuing to climb, this is some relief and a small win at a time when consumers need one. So far, we appear to be seeing signs of a turnaround in industry-wide traffic, with August traffic down just 1.9%, a healthy improvement from July comp traffic of (-) 5.1%. National Gas Prices (AAA Gas Prices) Unfortunately, California was the worst-performing region for two consecutive months (July and August), but it's not clear yet whether this will dramatically impact Kura's sales in fiscal Q4. Currently, Kura has nearly half of its footprint in California. Still, due to higher income guests on average and its strong value proposition, it's been mostly immune from the traffic pullback we've seen for more casual diners to date. Valuation & Technical Picture Based on ~9.8 million shares and a share price of $65.00, Kura trades at a market cap of ~$637 million and an enterprise value of ~$630 million. Historically, the stock has traded at 3.7x sales and currently trades at ~4.5x FY2022 sales based on FY2022 estimates of $141 million. Usually, I would discount the historical multiple, given that we've seen meaningful multiple compression in growth stocks due to higher rates, and the industry itself continues to struggle with staffing and inflationary pressures. However, Kura Sushi has been a clear exception, and I think a premium multiple is justified for this small-cap growth story. Based on what I believe to be a fair multiple of 4.0x sales and FY2023 revenue estimates of $185 million, I see a fair value for the stock of ~$750 million, or $76.50 per share. This is well above my previous fair value estimate of $55.70, entirely due to the company's incredible margin performance, which should justify maintaining a ~20% unit growth rate. The exceptional margin performance and relatively inflation-resistant model also contribute to the higher multiple, given that investors are hard-pressed to find any concepts with similar or higher margins vs. FY2019 levels. Hence, I see an 18% upside from current levels.

Articolo di analisi • Aug 16

We're Interested To See How Kura Sushi USA (NASDAQ:KRUS) Uses Its Cash Hoard To Grow

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Seeking Alpha • Jul 04

Kura Sushi: Valuation Still An Issue

Kura Sushi released its fiscal Q2 results (December through February), reporting record Q2 revenue, and solid margin performance, helped by sales leverage in the period. This sales performance was especially encouraging given the Omicron headwinds which impacted staffing due to quarantine-related staff limitations, and development progress remained strong. However, with the stock trading at nearly 3x forward sales, I still don't see enough of a margin of safety here, especially considering the continued industry-wide headwinds. So, while I believe Kura Sushi has a bright future, I would view any rallies above $55.00 as profit-taking opportunities. Few industries have taken the beating that the restaurant industry has since 2020, seemingly caught in a tornado, with new headwinds thrown at these companies from each direction. It began with traffic declines and was followed up by higher commodity costs and a mini-exodus of workers from the industry. Now, restaurants must try and navigate the difficulties of holding the line on margins while still offering value to consumers. To date, Kura Sushi (KRUS) seems to be managing this balance well, being more conservative on pricing than peers and not prioritizing margins. However, with the stock trading at nearly 3x forward sales, I still don't see enough of a margin of safety here. Kura Sushi Restaurant (Company Website) Just over six months ago, I wrote on Kura Sushi ("Kura"), noting that the stock was priced for perfection at a share price of $80.00. This is because it was trading at 5x FY2022 revenue estimates, and the stock's violent 100% plus rally looked to be running out of gas. Since then, KRUS has seen a drawdown of more than 50%, attributed to the softness in the general market and the fact that industry-wide headwinds are increasing and not improving in the slightest. The latest negative development is the rapid rise in gas prices and a sharp increase in mortgage rates which are pinching consumer wallets even further in a period of declining personal savings rates. Kura may not have seen the effects of this in its Q1 results, but we appear to be seeing a slight pullback in traffic for casual dining, and I don't see Kura being immune from this dip in demand. Let's take a closer look at recent developments below: Kura Sushi - Revenue Multiple (December 2021) (FASTGraphs.com) Q2 Results Kura reported solid fiscal Q2 2022 (calendar year Q1) results, posting record Q2 sales of $31.3 million, a 245% increase year-over-year, and a 62% increase on a two-year basis (Q2 2020: $19.4 million). This was driven by a sharp increase in new restaurants opened and impressive same-restaurant-sales performance, with a low double-digit growth rate (11.3%) on a two-year basis. While same-store sales growth rate on a two-year basis isn't all that unusual, most of this has been accomplished by somewhat aggressive price taking depending on the brand. Kura has remained relatively conservative from a pricing standpoint, ensuring it continues offering its guests a value proposition. Kura Sushi - Quarterly Revenue (Company Filings, Author's Chart) In fact, Kura seems focused on maintaining margins with productivity gains, including the implementation of table-side payments, touch-panel drink ordering, and the roll-out of robot servers in 20 restaurants or roughly half of its system. In a period of rising wages and increased hiring/training costs due to a tight labor market, this is a big deal from a productivity standpoint and could lead to slightly quicker table turns and drive labor savings long term. Given Kura's small size, this focus on innovation through technology is commendable and has helped the company protect its margins. In fact, despite rising commodity costs and minimum wage increases, Kura's labor costs came in at just 33.1% vs. 31.7% in Q2 2020, only a slight increase. Meanwhile, food and beverage costs came in at 30%, down from 31.5% in Q2 2020. The relatively muted increase in food/beverage/labor costs can be attributed to sales leverage and some menu price increases in the two-year period, but also to Kura's diverse market basket (~100 items), which has made it more susceptible to spikes in certain commodities. Although labor was up, the full roll-out of robot servers by year-end should help with some labor gains in FY2023. Industry-Wide Headwinds Although Kura appears to be doing a phenomenal job of offsetting three key headwinds (commodity inflation, staffing shortages, wage inflation) through technology and automation (robot servers, revolving sushi bar), the most recent headwinds are out of the company's control. These two recent developments are rising gas prices, with national gas prices near $4.80/gallon and above the average in two of Kura's key markets (Texas and California). Meanwhile, mortgage rates have surged to multi-year highs, increasing mortgage payments for many consumers. If we combine this with already high food inflation (groceries), discretionary spending budgets are shrinking and could shrink further. Kura Sushi Revolving Sushi Bar (Company Video, Youtube.com) This is not ideal for the restaurant industry, and we've already seen a pullback in traffic. Black Box Intelligence reported that late June marked the 15th consecutive week in which the industry experienced negative traffic, and the industry has only posted seven weeks of positive traffic growth this year, with the last one being in March. The recent trend in traffic suggests that gas prices have hurt restaurant traffic. While Kura Sushi may offer a better value proposition than other casual dining restaurants and other sushi restaurants due to its ability to keep prices lower (technology/automation), it could suffer from a trade-down effect. National Gas Prices (AAA Gas Prices) As discussed by Kura in its Q1 results, it has not seen any impact, and in fact, per customer plate consumption rates were up on a three-year basis, suggesting no resistance to higher menu pricing and no check management. However, this was over two months ago, and I would be shocked if the company didn't see a slight change in consumer behavior in the back end of fiscal Q3 (May sales) and fiscal Q4 (June through August). If this is the case, this will impact sales leverage, making it a little harder to hold the line on margins. While this isn't a huge deal from a revenue standpoint, given that Kura is opening new restaurants at a torrid pace (eight-plus this year), and the long-term margin outlook is solid, the stock does not look priced in for any slowdown at nearly 4x FY2022 sales. Besides, even if Kura does somehow buck the traffic trend, stocks typically follow their industry groups quite closely. If casual dining stocks see another leg down, it will take a herculean group of buyers to hold KRUS above $50.50 and allow it to buck the performance of the group. Let's take a closer look below: Valuation and Technical Picture Based on ~9.7 million shares and a share price of $50.50, Kura trades at a market cap of ~$490 million. Historically, the stock has traded at 3.7x sales, and it currently trades at ~3.6x FY2022 sales based on the mid-point of its FY2022 sales guidance ($135 million). I would argue that given the industry-wide headwinds that Kura Sushi cannot control (a potential change in consumer spending habits and the multiple contraction that we've seen in growth stocks), a more conservative multiple for the stock is 3.0x sales. If we multiply this figure by FY2023 revenue estimates of $180 million, this translates to a fair value of $55.70. Kura Sushi Historical Revenue Multiple (FASTGraphs.com) While a 12-month target price of $55.70 points to a more than 10% upside for the stock, I prefer a minimum 35% discount to fair value for small-cap names to bake in an adequate margin of safety. After applying this discount, the low-risk buy zone would come in at $33.40 or lower. So, while Kura Sushi may be one of the best growth stories industry wide, I still don't see enough margin of safety here given the continued negative headwinds for the industry, with the most significant one coming down the pike (a pullback in demand).

Articolo di analisi • Apr 19

Here's Why We're Not At All Concerned With Kura Sushi USA's (NASDAQ:KRUS) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Seeking Alpha • Mar 20

Kura Sushi USA: Too Much To Pay Despite Rapid Growth

Kura Sushi is showing nice signs of strong growth as management opens additional locations. The company's plans will likely prove favorable, but this doesn't make it an ideal opportunity to invest in. Shares look incredibly pricey at this point in time and should be approached cautiously.

Punteggio fiocco di neve
Valutazione	1/6
Crescita futura	4/6
Prestazioni passate	0/6
Salute finanziaria	5/6
Dividendi	0/6

Prezzi storici delle azioni
Prezzo attuale dell'azione	US$49.62
Massimo di 52 settimane	US$95.98
Minimo di 52 settimane	US$42.62
Beta	1.34
Variazione di 1 mese	-8.59%
Variazione a 3 mesi	-17.56%
Variazione di 1 anno	-37.44%
Variazione a 3 anni	-42.59%
Variazione a 5 anni	26.39%
Variazione dall'IPO	153.03%

	KRUS	US Hospitality	US Mercato
7D	1.3%	3.0%	1.4%
1Y	-37.4%	-1.1%	25.7%

KRUS volatility
KRUS Average Weekly Movement	10.1%
Hospitality Industry Average Movement	7.7%
Market Average Movement	7.2%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

KRUS statistiche fondamentali
Capitalizzazione di mercato	US$602.78m
Utili (TTM)	-US$1.93m
Ricavi(TTM)	US$306.89m

KRUS Conto economico (TTM)
Ricavi	US$306.89m
Costo del fatturato	US$257.11m
Profitto lordo	US$49.78m
Altre spese	US$51.71m
Utili	-US$1.93m

Utile per azione (EPS)	-0.16
Margine lordo	16.22%
Margine di profitto netto	-0.63%
Rapporto debito/patrimonio netto	0%

Dati	Ultimo aggiornamento (ora UTC)
Analisi dell'azienda	2026/06/21 19:52
Prezzo dell'azione a fine giornata	2026/06/18 00:00
Utili	2026/02/28
Utili annuali	2025/08/31

Pacchetto	Dati	Tempistica	Esempio Fonte USA ^*
Dati finanziari della società	10 anni	Conto economico Rendiconto finanziario Bilancio	Modulo SEC 10-K Modulo SEC 10-Q
Stime di consenso degli analisti	+3 anni	Previsioni finanziarie Obiettivi di prezzo degli analisti	Rapporti di ricerca degli analisti Blue Matrix
Prezzi di mercato	30 anni	Prezzi delle azioni Dividendi, scissioni e azioni	Dati di mercato ICE Modulo SEC S-1
Proprietà	10 anni	Top azionisti Insider trading	Modulo 4 SEC Modulo 13D SEC
Gestione	10 anni	Team di leadership Consiglio di amministrazione	Modulo SEC 10-K Modulo SEC DEF 14A
Sviluppi principali	10 anni	Annunci aziendali	Modulo 8-K SEC

Analista	Istituzione
Jeffrey Bernstein	Barclays
Todd Brooks	Benchmark Company
Andrew Strelzik	BMO Capital Markets Equity Research

Kura Sushi USA (KRUS) Panoramica del titolo

Premi

Analisi del rischio

Analyst Price Targets

Automation Rollout And Cost Pressures Will Shape A Cautious Yet Durable Long-Term Outlook

New Unit Openings And Automation Will Drive A Strong Long Term Upswing

Automation And Experiential Dining Will Drive Long-Term Expansion For This Revolving Sushi Chain

Top Analyst Narratives

Automation Rollout And Cost Pressures Will Shape A Cautious Yet Durable Long-Term Outlook

New Unit Openings And Automation Will Drive A Strong Long Term Upswing

Automation And Experiential Dining Will Drive Long-Term Expansion For This Revolving Sushi Chain

Concorrenti di Kura Sushi USA, Inc.

First Watch Restaurant Group

Krispy Kreme

El Pollo Loco Holdings

Nathan's Famous

Storia dei prezzi e prestazioni

Notizie e aggiornamenti recenti

Kura Sushi USA, Inc. to Report Q3, 2026 Results on Jul 07, 2026

Kura Sushi: Recovering Comps May Signal Beginning Of Turnaround (Upgrade)

Kura Sushi USA, Inc. Announces CFO Changes, Effective April 28, 2026

Kura Sushi USA, Inc. to Report Q2, 2026 Results on Apr 07, 2026

Kura Sushi USA Inc Announces Jujutsu Kaisen Bikkura Pon Dining Experience

Kura Sushi USA, Inc. Announces Changes to Board of Directors, Effective January 21, 2026

Recent updates

Kura Sushi USA, Inc. to Report Q3, 2026 Results on Jul 07, 2026

Kura Sushi: Recovering Comps May Signal Beginning Of Turnaround (Upgrade)

Kura Sushi USA, Inc. Announces CFO Changes, Effective April 28, 2026

Kura Sushi USA, Inc. to Report Q2, 2026 Results on Apr 07, 2026

Kura Sushi USA Inc Announces Jujutsu Kaisen Bikkura Pon Dining Experience

Kura Sushi USA, Inc. Announces Changes to Board of Directors, Effective January 21, 2026

Kura Sushi USA, Inc. (NASDAQ:KRUS) Looks Just Right With A 31% Price Jump

Kura Sushi USA, Inc. Reiterates Earnings Guidance for the Full Fiscal Year of 2026

Kura Sushi USA, Inc. to Report Q1, 2026 Results on Jan 07, 2026

Kura Sushi USA, Inc., Annual General Meeting, Jan 21, 2026

We Think Kura Sushi USA (NASDAQ:KRUS) Can Afford To Drive Business Growth

Kura Sushi USA, Inc. Provides Earnings Guidance for the Year 2026

Kura Sushi USA, Inc. to Report Q4, 2025 Results on Nov 06, 2025

Why Investors Shouldn't Be Surprised By Kura Sushi USA, Inc.'s (NASDAQ:KRUS) P/S

We're Hopeful That Kura Sushi USA (NASDAQ:KRUS) Will Use Its Cash Wisely

Kura Sushi USA, Inc. Updates Sales Guidance for the Full Fiscal Year of 2025

Kura Sushi USA, Inc. to Report Q3, 2025 Results on Jul 08, 2025

Kura Sushi USA and Peanuts® Debut Second Series of Exclusive Collectibles

Kura Sushi: Sharp Declines In Traffic Are Worrying (Rating Downgrade)

Kura Sushi: Fire In Gasoline As Tariff Pause Sparks A Rally

Kura Sushi USA, Inc. Launches New Kura Reserve Platform Nationwide

With A 28% Price Drop For Kura Sushi USA, Inc. (NASDAQ:KRUS) You'll Still Get What You Pay For

Kura Sushi USA, Inc. to Report Q2, 2025 Results on Apr 08, 2025

Kura Sushi: Biting Into This Temaki Near The Support Line

Kura Sushi USA (NASDAQ:KRUS) Is In A Good Position To Deliver On Growth Plans

Kura Sushi USA, Inc. (NASDAQ:KRUS) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Kura Sushi: Dig In, This Dip Is A Well-Timed Buying Opportunity

Kura Sushi: Weakest Guidance Sets The Tone From Here On Out

Kura Sushi USA, Inc. Reiterates Sales Guidance for the Full Fiscal Year of 2025

Kura Sushi: Recent Pullback Doesn't Turn $90 Into A Bargain

Kura Sushi: Worth A Bet As Expansion Plans And Labor Overhaul Take Hold

Kura Sushi USA, Inc. to Report Q1, 2025 Results on Jan 07, 2025

Kura Sushi USA, Inc., Annual General Meeting, Jan 23, 2025

Kura Sushi: Southwest Slump Puts Pressure On Stock, But It's Still Expensive

Kura Sushi USA, Inc. has completed a Follow-on Equity Offering in the amount of $59.15473 million.

Kura Sushi USA, Inc. has filed a Follow-on Equity Offering.

Kura Sushi: 'Cannibalization' Worries, But California Sets The Mood For Q4

Kura Sushi USA, Inc. to Report Q4, 2024 Results on Nov 06, 2024

Market Participants Recognise Kura Sushi USA, Inc.'s (NASDAQ:KRUS) Revenues Pushing Shares 31% Higher

Kura Sushi: They Have The Growth, But They Don't Have The Profitability

Investors Appear Satisfied With Kura Sushi USA, Inc.'s (NASDAQ:KRUS) Prospects As Shares Rocket 29%

We're Not Very Worried About Kura Sushi USA's (NASDAQ:KRUS) Cash Burn Rate

Kura Sushi Usa, Inc. Announces Appointment of Treasa Bowers to Board of Directors, Audit Committee and Compensation Committee

Why We're Not Concerned Yet About Kura Sushi USA, Inc.'s (NASDAQ:KRUS) 26% Share Price Plunge

Kura Sushi's Growth Comes With Negative Caveats

Independent Director notifies of intention to sell stock

Consensus EPS estimates fall by 29%, revenue upgraded

Kura Sushi USA, Inc. (NASDAQ:KRUS) Not Flying Under The Radar

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Kura Sushi: 4 Reasons Why I Won't Be Taking A Bite

Kura Sushi USA, Inc. to Report Q2, 2024 Results on Apr 04, 2024

Chief Accounting Officer exercised options and sold US$909k worth of stock

Price target increased by 9.8% to US$81.43

Why Investors Shouldn't Be Surprised By Kura Sushi USA, Inc.'s (NASDAQ:KRUS) 27% Share Price Surge

Kura Sushi USA, Inc. to Report Q1, 2024 Results on Jan 04, 2024