MIAMI Benihana Inc. reported a 29-percent tumble in its fiscal 2008 fourth quarter profit as higher restaurant opening costs, soft sales and one fewer operating week ate into the multiconcept operator's bottom line. For the 12-week quarter ended March 30, Benihana reported net income of $2.9 million, or 17 cents per share, compared with $4.1 million, or 23 cents per share, in last year's 13-week fourth quarter. Revenue for the latest quarter fell 2 percent to $70. 2 million, compared ...

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 NRN we ask that you register now.We promise it will only take a few minutes!

Questions about your account or how to access content?


Already registered? here.