MIAMI--(BUSINESS WIRE)--Jun. 29, 2009-- Benihana Inc. (NASDAQ: BNHNA; BNHN), operator of the nation’s largest chain of Japanese theme and sushi restaurants, today reported results for its 12-week fiscal fourth quarter and full year ended March 29, 2009.
Highlights for the Company's 12-week fiscal fourth quarter 2009 relative to the 12-week fiscal fourth quarter 2008 include:
Total restaurant sales increased 5.4% to $73.6 million
Opened 2 Benihana teppanyaki restaurants in Coral Springs, Florida and Columbus, Ohio
Restaurant operating profit of $11.4 million, or 15.6% of restaurant sales, compared to $9.7 million, or 13.9% of restaurant sales
Diluted earnings per share of $0.06, which included a $0.12 per diluted share compensation charge, net of tax, related to the retirement of the Company’s former Chief Executive Officer, compared to diluted earnings per share of $0.17. Exclusive of this compensation charge, diluted earnings per share totaled $0.18.
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