Kura Sushi USA (KRUS) Panoramica del titolo
Kura Sushi USA, Inc. gestisce ristoranti giapponesi tecnologici negli Stati Uniti. Maggiori dettagli
| Punteggio fiocco di neve | |
|---|---|
| Valutazione | 0/6 |
| Crescita futura | 4/6 |
| Prestazioni passate | 0/6 |
| Salute finanziaria | 5/6 |
| Dividendi | 0/6 |
Premi
Analisi del rischio
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KRUS Community Fair Values
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Analyst Price Targets
Concorrenti di Kura Sushi USA, Inc.
Storia dei prezzi e prestazioni
| Prezzi storici delle azioni | |
|---|---|
| Prezzo attuale dell'azione | US$47.98 |
| Massimo di 52 settimane | US$95.98 |
| Minimo di 52 settimane | US$42.62 |
| Beta | 1.33 |
| Variazione di 1 mese | -4.63% |
| Variazione a 3 mesi | -15.50% |
| Variazione di 1 anno | -35.00% |
| Variazione a 3 anni | -51.75% |
| Variazione a 5 anni | -12.45% |
| Variazione dall'IPO | 144.67% |
Notizie e aggiornamenti recenti
Aggiornamento narrativa • Jul 08
KRUS: Margin Discipline And 2026 Guidance Will Support Long-Term Upside Potential
Analysts have reduced the fair value estimate for Kura Sushi USA from about $75.44 to $66.50. This reflects lower Street price targets in the $59 to $72 range after mixed Q3 results, which included softer revenue and traffic but improved margins and an ongoing focus on cost control.Seeking Alpha • Jun 22
Kura Sushi: Why I Am Staying Neutral Despite The Traffic Rebound
Summary Kura Sushi USA earns a Hold rating due to improving sales and unit economics, but persistent negative GAAP earnings and FCF raise caution. KRUS's growth is fueled by heavy capex and ongoing equity dilution, with self-funding from operations not yet proven. Valuation at 1.8x Price/Sales is not excessive, but uncertainty around mature unit economics and control by the Japanese parent justifies a discount. I closely monitor declining average annual sales per restaurant and dilution risk as critical factors for future positioning. Read the full article on Seeking AlphaRecent updates
Aggiornamento narrativa • Jul 08
KRUS: Margin Discipline And 2026 Guidance Will Support Long-Term Upside Potential
Analysts have reduced the fair value estimate for Kura Sushi USA from about $75.44 to $66.50. This reflects lower Street price targets in the $59 to $72 range after mixed Q3 results, which included softer revenue and traffic but improved margins and an ongoing focus on cost control.Seeking Alpha • Jun 22
Kura Sushi: Why I Am Staying Neutral Despite The Traffic Rebound
Summary Kura Sushi USA earns a Hold rating due to improving sales and unit economics, but persistent negative GAAP earnings and FCF raise caution. KRUS's growth is fueled by heavy capex and ongoing equity dilution, with self-funding from operations not yet proven. Valuation at 1.8x Price/Sales is not excessive, but uncertainty around mature unit economics and control by the Japanese parent justifies a discount. I closely monitor declining average annual sales per restaurant and dilution risk as critical factors for future positioning. Read the full article on Seeking AlphaArticolo 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 AlphaSeeking 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 AlphaArticolo 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 AlphaArticolo 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 AlphaSeeking 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 AlphaSeeking 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 AlphaSeeking 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 AlphaSeeking 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 AlphaSeeking 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 AlphaArticolo 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 AlphaArticolo 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 AlphaArticolo 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 AlphaArticolo 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).Rendimenti per gli azionisti
| KRUS | US Hospitality | US Mercato | |
|---|---|---|---|
| 7D | -10.0% | 1.4% | 0.8% |
| 1Y | -35.0% | -9.6% | 20.5% |
Ritorno vs Industria: KRUS ha avuto una performance inferiore rispetto al US Hospitality che ha registrato un rendimento -10.1 % nell'ultimo anno.
Rendimento vs Mercato: KRUS ha avuto una performance inferiore al mercato US che ha registrato un rendimento 19.6 % nell'ultimo anno.
Volatilità dei prezzi
| KRUS volatility | |
|---|---|
| KRUS Average Weekly Movement | 8.7% |
| Hospitality Industry Average Movement | 7.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
Prezzo delle azioni stabile: KRUS non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.
Volatilità nel tempo: La volatilità settimanale ( 9% ) di KRUS è rimasta stabile nell'ultimo anno.
Informazioni sull'azienda
| Fondato | I dipendenti | AMMINISTRATORE DELEGATO | Sito web |
|---|---|---|---|
| 2008 | 3,900 | Jimmy Uba | www.kurasushi.com |
Kura Sushi USA, Inc. gestisce ristoranti giapponesi tecnologici negli Stati Uniti. I ristoranti dell'azienda offrono cucina giapponese attraverso un coinvolgente modello di servizio di sushi rotante, noto come Kura Experience. L'azienda era precedentemente nota come Kula Sushi USA, Inc. e ha cambiato nome in Kura Sushi USA, Inc. nell'ottobre 2017.
Kura Sushi USA, Inc. Riepilogo dei fondamenti
| KRUS statistiche fondamentali | |
|---|---|
| Capitalizzazione di mercato | US$619.64m |
| Utili (TTM) | -US$2.08m |
| Ricavi(TTM) | US$318.84m |
1.8x
Rapporto P/S-280.8x
Rapporto P/EKRUS è sopravvalutato?
Vedi Fair Value e analisi di valutazioneUtili e ricavi
| KRUS Conto economico (TTM) | |
|---|---|
| Ricavi | US$318.84m |
| Costo del fatturato | US$266.71m |
| Profitto lordo | US$52.14m |
| Altre spese | US$54.21m |
| Utili | -US$2.08m |
Ultimi utili riportati
May 31, 2026
Prossima data di guadagno
n/a
| Utile per azione (EPS) | -0.17 |
| Margine lordo | 16.35% |
| Margine di profitto netto | -0.65% |
| Rapporto debito/patrimonio netto | 0% |
Come si è comportato KRUS nel lungo periodo?
Vedi performance storica e confrontoAnalisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/07/15 22:34 |
| Prezzo dell'azione a fine giornata | 2026/07/15 00:00 |
| Utili | 2026/05/31 |
| Utili annuali | 2025/08/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub; abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Kura Sushi USA, Inc. è coperta da 15 analisti. 11 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Jeffrey Bernstein | Barclays |
| Todd Brooks | Benchmark Company |
| Andrew Strelzik | BMO Capital Markets Equity Research |