Company supports investor's board seat bid as shareholder scrutiny grows
Benihana Inc., which has been feeling shareholder pressure over its performance, on Monday reported increased sales and traffic at its restaurants for the first four weeks of the second quarter. Between July 20 and Aug. 16, the Miami-based company said restaurant sales increased 4.2 percent, to $25.2 million from $24.2 million in the same period a year ago. Systemwide same-store sales increased 4.3 percent, which included a 7.3-percent jump at its flagship Benihani teppanyaki concept and ...
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