Concise Notes to Myself about Companies I Own, Notes To Self

Notes To Self

Concise Notes to Myself about Companies I Own

Notes To Self is a space for me to write… notes to myself… about companies I own in a concise manner. These will not be blow-by-blows; I will only document what I find insightful. The format will be brief, and assume prior knowledge of the company if someone happens to read it. No deep dives, just commentary from a shareholder’s perspective.

Equity Bottom-Up

Kura Sushi USA, Inc. operates as a restaurant. The Company prepares various types of seafood products such as sweet shrimp, octopus, squid, salmon, tuna, snow crab, conch, toro, and other related dishes. Kura Sushi USA serves customers worldwide.

<ul><li>Kura Sushi US Weighting as of writing: 4% 5th April 2024 - Q2 FY24 Results On April 4th, Kura Sushi US reported earnings for the second quarter of FY24.</li><li>Nothing major to report and similar themes to previous quarters so will keep this one short. The market valuation is astronomically stupid.</li><li>Average unit volumes at Kura are $4.28 million and have improved significantly; up 22% since 2019.</li></ul>

Kura Sushi US Weighting as of writing: 4% 5th April 2024 - Q2 FY24 Results On April 4th, Kura Sushi US reported earnings for the second quarter of FY24.Nothing major to report and similar themes to previous quarters so will keep this one short. The market valuation is astronomically stupid.Average unit volumes at Kura are $4.28 million and have improved significantly; up 22% since 2019.

KRUS: Successive Guidance Upgrade as Kura Face Tougher Comps

Greggs plc is a prominent British bakery and fast food chain specializing in 'on-the-go' savoury products like sausage rolls, sandwiches, and pastries, as well as sweet items such as doughnuts and vanilla slices. The company operates over 2,600 shops nationwide and provides breakfast options, drinks, snacks, and salads. Greggs is headquartered in Newcastle upon Tyne, England, and was founded in 1939.

<ul><li>On March 5th, Greggs followed up the January trading update to release the remainder of its FY23 results.</li><li>The Jan trading update showed that revenues of £1.81 billion grew +20% in the year, with a healthy +13.7% like-for-like sales1 comp.</li><li>We also learned that the business opened 145 net new shops, bringing the total to 2,473 <em>(+6%)</em>, surpassed its 500th franchise store, and expanded delivery across partners UberEats and JustEat. </li></ul>

On March 5th, Greggs followed up the January trading update to release the remainder of its FY23 results.The Jan trading update showed that revenues of £1.81 billion grew +20% in the year, with a healthy +13.7% like-for-like sales1 comp.We also learned that the business opened 145 net new shops, bringing the total to 2,473 (+6%), surpassed its 500th franchise store, and expanded delivery across partners UberEats and JustEat. 

Notes To Self
Concise Notes to Myself about Companies I Own

KRUS: Successive Guidance Upgrade as Kura Face Tougher Comps

Kura Sushi US Weighting as of writing: 4% 5th April 2024 - Q2 FY24 Results On April 4th, Kura Sushi US reported earnings for the second quarter of...

Notes To Self

GRG: Half Way There

The Jan trading update showed that revenues of £1.81 billion grew +20% in the year, with a healthy +13.7% like-for-like sales1 comp.

Notes To Self