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Kura Sushi USA

KRUS on Nasdaq. Kura Sushi sells sushi and other Japanese food to diners in its restaurants. Market value $433m.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to May 2026. Quality checks use five annual reports, the latest for the year to August 2025.

We can't read total debt from the filing, so debt is left out.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

Nothing stands out yet.

What to watch out for

See Retail & consumer stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to May 2026
-5.2%low

For every $100 of what the whole company costs, it produced $-5.22 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to May 2026
n/a

The filings do not give us enough to work this out.

Return on capital
five annual reports to August 2025
n/a

The filings do not give us enough to work this out.

Quality score: 40 of 100. Price score: 0 of 100. Our list needs 70 on quality and 60 on price.

$40.06 a share, 18% above its 1-year low

Over the past year the price has ranged from $33.97 to $80.84.

Pays no dividend

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

-0.0
-0.0
-0.0
-0.0
-0.0
-0.0
2021202220232024202512 monthsto May '26
Revenue
$65m$141m$187m$238m$283m
Operating margin
-15.4%-0.5%0.2%-4.8%-1.7%
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.01bn0.01bn0.01bn0.01bn0.01bn

Health checks

  • Free cash flow positive0 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)Not enough data
  • Profit backed by cash (accruals)Yes
  • DebtUnknown
  • Revenue growth, five yearsStrong, 44.3% a year
  • Buying back its own sharesNo, 40% more shares since 2021

The quarter to May 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $86 million last quarter, up 16% on a year ago.
  • Profit: $423,000, down 25% on a year ago.
  • It loses 1 cents on each $1 of sales, compared with 4 cents a year earlier.
  • Over the past 12 months it spent $25 million more cash than it brought in, compared with $31 million a year earlier.
  • About the same number of shares as a year ago.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
August 2024$66m
November 2024$64m
February 2025$65m
May 2025$74m
August 2025$79m
November 2025$73m
February 2026$80m
May 2026$86m
Profit by quarter
Profit by quarter
Quarter toAmount
August 2024-$5m
November 2024-$961,000
February 2025-$4m
May 2025$565,000
August 2025$2m
November 2025-$3m
February 2026-$2m
May 2026$423,000

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
6 November 2025
Next quarterly (estimated, 10-Q)
6 October 2026

Who owns it

None of the long-term investors we follow own it. 148 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

5 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 1 sold $720,092, $720,092 of it under preset trading plans.

  • UBA HAJIME
    SEE REMARKS (a), Director
    Sold
    under a preset trading plan
    Date
    16 January 2026
    Shares
    9,874
    Price
    $72.93
    Value
    $720,092

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 6 Nov 2025, plus the 10-Q filed 7 Jul 2026 and 4 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.