Kura Sushi USA, Inc. (NASDAQ:KRUS) Q4 2023 Earnings Conference Call November 8, 2023 5:00 PM ET

Company Participants

Benjamin Porten - SVP, Investor Relations and System Development

Hajime Jimmy Uba - President and Chief Executive Officer

Jeff Uttz - Chief Financial Officer

Conference Call Participants

Joshua Long - Stephens

Jeffrey Bernstein - Barclays

Jon Tower - Citigroup

Jeremy Hamblin - Craig-Hallum

Sharon Zackfia - William Blair

Mark Smith - Lake Street

JP Wollam - ROTH Capital Partners

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Kura Sushi USA, Inc. Fiscal Fourth Quarter 2023 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the lines will be open for your questions following the presentation. [Operator Instructions] Please note that this call is being recorded.

On the call today, we have Hajime Jimmy Uba, the President and Chief Executive Officer; Jeff Uttz, the Chief Financial Officer; and Benjamin Porten, SVP, Investor Relations and System Development.

And now I'd like to turn the call over to Mr. Porten. Thank you, and you may proceed, sir.

Benjamin Porten

Thank you, operator. Good afternoon, everyone, and thank you all for joining. By now, everyone should have access to our fiscal fourth quarter 2023 earnings release. It can be found at www.kurasushi.com in the Investor Relations section. A copy of the earnings release has also been included in the 8-K we submitted to the SEC.

Before we begin our formal remarks, I need to remind everyone that part of our discussion today will include forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance, and therefore, you should not put undue reliance on them. These statements are also subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. We refer all of you to our SEC filings for a more detailed discussion of the risks that could impact our future operating results and financial condition.

Also during today's call, we will discuss certain non-GAAP financial measures, which we believe can be useful in evaluating our performance. The presentation of this additional information should not be considered in isolation nor as a substitute for results prepared in accordance with GAAP, and the reconciliation to comparable GAAP measures are available in our earnings release.