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Kura Sushi USA (KRUS) investor relations material
Kura Sushi USA Piper Sandler 4th Annual Growth Frontiers Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Reservation system and guest experience
New reservation system reduces multi-hour weekend waits, seating most guests within two minutes of arrival.
Plans to advertise the reservation system more broadly in fiscal 2026 to drive awareness and usage.
System improvements include allowing guests to confirm reservations themselves, reducing server workload.
Labor leverage expected to improve further as system enhancements are rolled out.
Busiest locations benefit most, enhancing fixed cost leverage.
IP collaborations and marketing strategy
IP collaborations proved to be significant sales drivers, leading to the formation of an IP committee.
Fiscal 2026 will feature a record number of IP campaigns, with shorter durations to minimize risk.
Asset-light campaigns like Hollow Light showed success with passionate niche audiences and faster turnaround.
Dedicated marketing staff now focus solely on IP, strengthening relationships with major partners like Nintendo.
Portfolio approach aims to reduce sales volatility and improve comp predictability.
Store-level margins, cost management, and pricing
65% of purchases are overseas, with Japan, Vietnam, and South Korea as key sources; tariffs are being partially absorbed by suppliers.
Pricing power allows for adjustments to offset tariff impacts, with potential price increases in November.
Restaurant-level margin target of 20% or better for fiscal 2026 remains in place.
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