IRVINE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that Treasa Bowers has been appointed to serve as an independent member of the Board of Directors effective July 9, 2024. Ms. Bowers has also been appointed to the Audit Committee and Compensation Committee of the Board of Directors.  Hajime Uba, President, Chief Executive Officer and Chairman of Kura Sushi, stated, "We are delighted to welcome Treasa to Kura's Board of Directors. Treasa's three decades of experience with 7-Eleven makes her an invaluable advisor to the leadership team as Kura continues to

IRVINE, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that Carin L. Stutz has been appointed to serve as an independent member of the Board of Directors effective December 1, 2021. Ms. Stutz has also been appointed to the Compensation Committee and Strategy and Development Committee of the Board of Directors. In conjunction with Ms. Stutz's appointment, Hiroyuki Okamoto will be stepping down as a director, effective November 30, 2021. Hajime Uba, President, Chief Executive Officer and Chairman of Kura Sushi, stated, "We are thrilled to welcome Carin to Kura's

IRVINE, Calif., July 13, 2021 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that Sean Allameh has been named the Company's Chief Operating Officer, effective July 26, 2021. "We are thrilled to add another seasoned expert to our leadership team to help us capitalize on the pent-up demand for our full Kura Experience as we exit the pandemic," said Hajime Uba, President and Chief Executive Officer of Kura Sushi. "Sean comes to us with over 25 years of experience and a broad array of skills, including operations, marketing, training and new store openings. With his track record and exp

4 - KURA SUSHI USA, INC. (0001772177) (Issuer)

IRVINE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2024. Fiscal First Quarter 2025 Highlights Total sales were $64.5 million, compared to $51.5 million in the first quarter of 2024;Comparable restaurant sales increased 1.8% for the first quarter of 2025 as compared to the first quarter of 2024;Operating loss was $1.5 million, compared to an operating loss of $2.8 million in the first quarter of 2024;Net loss was $1.0 million, or $(0.08) per diluted share, compared to net loss of $2.0 million,

IRVINE, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal first quarter 2025 financial results on Tuesday, January 7, 2025 at 5:00 p.m. ET. A press release with fiscal first quarter 2025 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime "Jimmy" Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested parties may listen to the conference

IRVINE, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced the closing of its underwritten public offering of 800,328 shares of its Class A common stock at a public offering price of $85.00 per share, including the exercise in full by the underwriters of their option to purchase an additional 104,390 shares of Class A common stock. The Company received proceeds from the offering, net of the underwriters' discount, of approximately $64.6 million. Kura Sushi intends to use the net proceeds from the offering for general corporate purposes, including capital expenditure

IRVINE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it has priced its previously announced underwritten public offering of 695,938 shares of its Class A common stock at a public offering price of $85.00 per share, for expected proceeds of approximately $56.2 million, net of the underwriters' discount. All shares of Class A common stock are being offered by the Company. As part of the offering, Kura Sushi also granted the underwriters a 30-day option to purchase up to an additional 104,390 shares of its Class A common stock to cover over-allotments, if any

IRVINE, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it has commenced an underwritten public offering of shares of its Class A common stock. All shares of Class A common stock are being offered by the Company. In connection with the offering, Kura Sushi intends to grant the underwriters a 30-day option to purchase additional shares of its Class A common stock to cover over-allotments, if any. The proposed offering is subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed, or as to

IRVINE, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal fourth quarter and fiscal year ended August 31, 2024. Fiscal Fourth Quarter 2024 Highlights Total sales were $66.0 million, compared to $54.9 million in the fourth quarter of 2023;Comparable restaurant sales decreased 3.1% for the fourth quarter of 2024 as compared to the fourth quarter of 2023;Operating loss was $5.8 million, compared to operating income of $2.2 million in the fourth quarter of 2023;Net loss was $5.2 million, or $(0.46) per diluted share, compared to net in

IRVINE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal fourth quarter and fiscal year 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. ET. A press release with fiscal fourth quarter and fiscal year 2024 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime "Jimmy" Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested

IRVINE, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will participate in the following investor conferences: On Wednesday, September 11, 2024, the Company will host a fireside chat at the Piper Sandler Growth Frontiers Conference in Nashville, TN. Kura's discussion will begin at 9:00 a.m. CT and will be webcast live on our corporate website at www.kurasushi.com under the investor relations section.On Thursday, September 12, 2024, the Company will be meeting with institutional investors at the Benchmark 2nd Annual Consumer One-on-One Conference in New

IRVINE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that Treasa Bowers has been appointed to serve as an independent member of the Board of Directors effective July 9, 2024. Ms. Bowers has also been appointed to the Audit Committee and Compensation Committee of the Board of Directors.  Hajime Uba, President, Chief Executive Officer and Chairman of Kura Sushi, stated, "We are delighted to welcome Treasa to Kura's Board of Directors. Treasa's three decades of experience with 7-Eleven makes her an invaluable advisor to the leadership team as Kura continues to

IRVINE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal third quarter ended May 31, 2024. Fiscal Third Quarter 2024 Highlights Total sales were $63.1 million, compared to $49.2 million in the third quarter of 2023;Comparable restaurant sales increased 0.6% for the third quarter of 2024 as compared to the third quarter of 2023;Operating loss was $1.2 million, compared to operating income of $1.3 million in the third quarter of 2023;Net loss was $0.6 million, or $(0.05) per diluted share, compared to net income of $1.7 million, or

IRVINE, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal first quarter 2025 financial results on Tuesday, January 7, 2025 at 5:00 p.m. ET. A press release with fiscal first quarter 2025 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime "Jimmy" Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested parties may listen to the conference

IRVINE, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal fourth quarter and fiscal year ended August 31, 2024. Fiscal Fourth Quarter 2024 Highlights Total sales were $66.0 million, compared to $54.9 million in the fourth quarter of 2023;Comparable restaurant sales decreased 3.1% for the fourth quarter of 2024 as compared to the fourth quarter of 2023;Operating loss was $5.8 million, compared to operating income of $2.2 million in the fourth quarter of 2023;Net loss was $5.2 million, or $(0.46) per diluted share, compared to net in

IRVINE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal fourth quarter and fiscal year 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. ET. A press release with fiscal fourth quarter and fiscal year 2024 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime "Jimmy" Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested

IRVINE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal third quarter ended May 31, 2024. Fiscal Third Quarter 2024 Highlights Total sales were $63.1 million, compared to $49.2 million in the third quarter of 2023;Comparable restaurant sales increased 0.6% for the third quarter of 2024 as compared to the third quarter of 2023;Operating loss was $1.2 million, compared to operating income of $1.3 million in the third quarter of 2023;Net loss was $0.6 million, or $(0.05) per diluted share, compared to net income of $1.7 million, or

IRVINE, Calif., June 27, 2024 (GLOBE NEWSWIRE) --  Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced preliminary unaudited results for the third quarter of fiscal 2024. Preliminary Unaudited Fiscal Third Quarter 2024 Financial Results The Company is announcing that it now expects to report the following results for the fiscal third quarter of 2024: Total sales are expected to be approximately $63.1 million;Comparable restaurant sales are expected to have increased approximately 0.6% for the third quarter of 2024 as compared to the third quarter of 2023; andRestaurant-level operating profit* is expected t

IRVINE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal second quarter ended February 29, 2024. Fiscal Second Quarter 2024 Highlights Total sales were $57.3 million, compared to $43.9 million in the second quarter of 2023;Comparable restaurant sales increased 3.0% for the second quarter of 2024 as compared to the second quarter of 2023;Operating loss was $1.7 million, compared to operating loss of $1.0 million in the second quarter of 2023;Net loss was $1.0 million, or $(0.09) per diluted share, compared to net loss of $1.0 mill

IRVINE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal second quarter 2024 financial results on Thursday, April 4, 2024 at 5:00 p.m. ET. A press release with fiscal second quarter 2024 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime "Jimmy" Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested parties may listen to the conferenc

IRVINE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2023. Fiscal First Quarter 2024 Highlights Total sales were $51.5 million, compared to $39.3 million in the first quarter of 2023;Comparable restaurant sales increased 3.8% for the first quarter of 2024 as compared to the first quarter of 2023;Operating loss was $2.8 million, compared to operating loss of $2.2 million in the first quarter of 2023;Net loss was $2.0 million, or $(0.18) per diluted share, compared to net loss of $2.1 million, or

IRVINE, Calif., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company"), (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal first quarter 2024 financial results on Thursday, January 4, 2024 at 5:00 p.m. ET. A press release with fiscal first quarter 2024 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime "Jimmy" Uba, President and Chief Executive Officer, Jeff Uttz, Chief Financial Officer, and Benjamin Porten, SVP Investor Relations & System Development. Interested parties may listen to the conferen

IRVINE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. ("Kura Sushi" or the "Company") (NASDAQ:KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal fourth quarter and fiscal year ended August 31, 2023. Fiscal Fourth Quarter 2023 Highlights Total sales were $54.9 million, compared to $42.0 million in the fourth quarter of 2022;Comparable restaurant sales increased 6.5% for the fourth quarter of 2023 as compared to the fourth quarter of 2022;Operating income was $2.2 million, compared to operating income of $1.9 million in the fourth quarter of 2022;Net income was $2.9 million, or $0.25 per diluted share, compared to