SAN FRANCISCO (Thomson Financial) - Benihana Inc. late Tuesday reported
fiscal second-quarter net income fell to $2.51 million, or 15 cents a share,
from $2.62 million, or 15 cents a share, in the year-ago period.
Revenue in the 12-week fiscal quarter ended Oct. 14 grew 13.6% to $67
million from $58.9 million, the Japanese restaurant operator said, as same-store
sales increased 2.8%.
The mean estimate of analysts polled by Thomson Financial was for a
per-share profit of 16 cents on revenue of $67.2 million.
The company forecast fiscal 2008 total restaurant sales of $300 million to
$305 million.
Shares of the Miami-based company closed the regular session down 6 cents at
$14.84.
Brigid Gaffikin
bg/gm/bg/bg/gm
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