MIAMI Benihana Inc., which operates and franchises Japanese-themed and sushi restaurants, said Monday that its fiscal first-quarter net income was cut in half on weak sales the company blamed on the U.S. recession. Benihana’s profit for the quarter ended July 19 fell 50.2 percent to $1.1 million, or 5 cents per share, from $2.2 million, or 12 cents per chare, the same quarter last year. Latest quarter revenue rose 1.6 percent to $96.0 million, on the openings of three new ...
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