Kura Sushi USA (Kura Sushi USA) Retained Earnings : $-27.2 Mil (As of Feb. 2024)

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What is Kura Sushi USA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kura Sushi USA's retained earnings for the quarter that ended in Feb. 2024 was $-27.2 Mil.

Kura Sushi USA's quarterly retained earnings declined from Aug. 2023 ($-24.2 Mil) to Nov. 2023 ($-26.2 Mil) and declined from Nov. 2023 ($-26.2 Mil) to Feb. 2024 ($-27.2 Mil).

Kura Sushi USA's annual retained earnings declined from Aug. 2021 ($-24.9 Mil) to Aug. 2022 ($-25.7 Mil) but then increased from Aug. 2022 ($-25.7 Mil) to Aug. 2023 ($-24.2 Mil).

Kura Sushi USA Retained Earnings Historical Data

The historical data trend for Kura Sushi USA's Retained Earnings 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.

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Kura Sushi USA Retained Earnings Chart

Kura Sushi USA Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Retained Earnings

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2.73

-14.63

-24.92

-25.69

-24.18

Kura Sushi USA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-28.79	-27.11	-24.18	-26.23	-27.23

Kura Sushi USA Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Kura Sushi USA (NAS:KRUS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Kura Sushi USA (Kura Sushi USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kura Sushi USA Inc (NAS:KRUS) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

17461 Derian Avenue, Suite 200, Irvine, California, DE, USA, 92614

Website

https://www.kurasushi.com

Kura Sushi USA Inc is a Japanese restaurant company. It operates revolving sushi chain restaurants in the United States. It provides access to the revolving and express conveyor belts, on-demand ordering screen, plate slot, and the Bikkura-Pon rewards machine. The company offers several dishes, including Dashi Olive Salmon, Tomago, Sweet Shrimp, Tuna, Garlic Tuna Steak, Salmon, among others. Geographically, it derives revenue from the United States of America.

Executives

Brent Takao	officer: See Remarks	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Carin Stutz	director	C/O BRINKER INTERNATIONAL, INC., 6820 LBJ FREEWAY, DALLAS TX 75240
Jeffrey J Uttz	officer: Chief Financial Officer	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Shahin Allameh	officer: Chief Operating Officer	C/O KURA SUSHI USA, INC., 17461 DERIAN AVENUE, SUITE 200, IRVINE CA 92614
Benrubi Steven	officer: Chief Financial Officer	C/O KURA SUSHI USA, INC., 17461 DERIAN AVENUE, SUITE 200, IRVINE CA 92614
Hiroyuki Okamoto	director	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Kim Ellis	director	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Shintaro Asako	director	1301 SECOND AVENUE, SUITE 4200, SEATTLE WA 98101
Manabu Kamei	director, officer: Chief Operating Officer	C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Hideto Sugimoto	officer: Director of Operations	C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Koji Shinohara	director, officer: See Remarks	C/O KURA SUSHI USA, INC., 17932 SKY PARK CIRCLE, SUITE H, IRVINE CA 92614
Hajime Uba	director, officer: See Remarks	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Seitaro Ishii	director	C/O KURA SUSHI USA, INC., 17461 DERIAN AVE., SUITE 200, IRVINE CA 92614
Kura Sushi, Inc.	10 percent owner	1-2-2 FUKASAKA, NAKA-KU, SAKAI-SHI, OSAKA M0 599-8253