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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com