Kura Sushi Raises FY25 Revenue View to $281M, Maintains 20% Annual Unit Growth Rate

Kura Sushi has raised its FY25 revenue forecast to $281M from $275M-$279M, exceeding the consensus estimate of $278.57M. The company expects to open 15 new restaurants in FY25, maintaining an annual unit growth rate above 20%. Net capital expenditures per unit are projected to be approximately $2.5M, and general and administrative expenses are expected to be below 13% of sales, excluding legal settlements.

Kura Sushi USA Inc. (NASDAQ: KRUS) has raised its fiscal year 2025 (FY25) revenue forecast to $281 million, surpassing the consensus estimate of $278.57 million. The company also expects to open 15 new restaurants in FY25, maintaining an annual unit growth rate above 20%. Net capital expenditures per unit are projected to be approximately $2.5 million, and general and administrative expenses are expected to be below 13% of sales, excluding legal settlements [1].

In its latest earnings report, Kura Sushi reported total sales of $74.0 million for the third quarter ended May 31, 2025, compared to $63.1 million in the third quarter of 2024. Comparable restaurant sales decreased by 2.1%, with negative traffic and price/mix adjustments contributing to the decline [2].

The company's adjusted net income for the third quarter was $0.6 million, or $0.05 per diluted share, compared to a net loss of $0.6 million, or $(0.05) per diluted share, in the same quarter last year. Restaurant-level operating profit was $13.5 million, or 18.2% of sales, up from $12.6 million, or 20.0% of sales, in the third quarter of 2024 [2].

Kura Sushi's expansion strategy includes opening new restaurants in key markets across the United States. As of May 31, 2025, the company has 78 locations across 21 states and Washington DC. The company plans to continue this growth trajectory in FY25, with the addition of 15 new restaurants [2].

Analysts have a "buy" rating on the stock, with 6 "strong buy" or "buy" recommendations, 4 "hold" recommendations, and no "sell" or "strong sell" recommendations. The mean earnings estimate for Kura Sushi is a loss of 1 cent per share, with a median 12-month price target of $79.00, about 14.9% below its last closing price of $90.76 [1].

References:
[1] Reuters. (2025). Kura Sushi USA Inc. Expected to Post a Loss of 1 Cent a Share. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3T1102:0-kura-sushi-usa-inc-expected-to-post-a-loss-of-1-cent-a-share-earnings-preview/
[2] Kura Sushi USA Inc. (2025). Kura Sushi USA Inc. Announces Fiscal Third Quarter 2025 Financial Results. Retrieved from https://www.morningstar.com/news/globe-newswire/9491058/kura-sushi-usa-announces-fiscal-third-quarter-2025-financial-results