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Kura Sushi (TSE:2695) Gross Profit : 円124,049 Mil (TTM As of Jan. 2024)


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What is Kura Sushi Gross Profit?

Kura Sushi's gross profit for the three months ended in Jan. 2024 was 円32,571 Mil. Kura Sushi's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was 円124,049 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kura Sushi's gross profit for the three months ended in Jan. 2024 was 円32,571 Mil. Kura Sushi's Revenue for the three months ended in Jan. 2024 was 円56,110 Mil. Therefore, Kura Sushi's Gross Margin % for the quarter that ended in Jan. 2024 was 58.05%.

Kura Sushi had a gross margin of 58.05% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Kura Sushi was 57.37%. The lowest was 54.08%. And the median was 54.57%.


Kura Sushi Gross Profit Historical Data

The historical data trend for Kura Sushi's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kura Sushi Gross Profit Chart

Kura Sushi Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74,502.00 74,933.00 81,059.00 100,535.00 119,234.00

Kura Sushi Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27,756.00 27,741.00 30,452.00 33,285.00 32,571.00

Competitive Comparison of Kura Sushi's Gross Profit

For the Restaurants subindustry, Kura Sushi's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kura Sushi's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kura Sushi's Gross Profit falls into.



Kura Sushi Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Kura Sushi's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=211405 - 92171
=119,234

Kura Sushi's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=56110 - 23539
=32,571

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円124,049 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Kura Sushi's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=32,571 / 56110
=58.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kura Sushi  (TSE:2695) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kura Sushi had a gross margin of 58.05% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Kura Sushi Gross Profit Related Terms

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Kura Sushi (TSE:2695) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253
Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

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