MIAMI Benihana Inc. reported Monday that its fourth-quarter profit was sliced in half because of one-time expenses related to the retirement of its chief executive. For the fourth quarter ended March 29, Benihana said net income attributable to common stockholders was $913,000, or 6 cents a share, compared with profit of $2.7 million, or 17 cents a share, a year ago. Excluding $1.9 million in after-tax charges from Joel A. Schwartz's retirement in February, Benihana said ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!