Benihana Inc. Comparable Restaurant Sales Up

2008-07-29
  • Send
  • PDF
  • Print
  • Bookmark
  • Go Back
  • Text Size:
  • Benihana Benihana Inc. Reports Total Restaurant Sales and Comparable Restaurant Sales for the First Fiscal Quarter 2009

    Benihana Inc. (NASDAQ: BNHNA, BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported total restaurant sales as well as comparable restaurant sales for the sixteen-week first fiscal quarter 2009 ended July 20, 2008.

    Total restaurant sales for the sixteen-week period ended July 20, 2008 increased 5.0% to $93.9 million from $89.4 million in the sixteen-week period ended July 22, 2007. For the first fiscal quarter 2009, Company-wide comparable restaurant sales were (4.9%), including (3.4%) at Benihana teppanyaki, (9.1%) at RA Sushi, and (7.7%) at Haru.

    Advertisement


    For the first fiscal quarter 2009, Benihana teppanyaki represented approximately 68.4% of consolidated restaurant sales, while RA Sushi and Haru accounted for 18.9% and 12.7% of consolidated restaurant sales, respectively. There were a total of 1,348 store-operating weeks in the first fiscal quarter of 2009 compared to 1,219 store-operating weeks in the first fiscal quarter of 2008.

    'First quarter comparable sales results, while consistent with our full year expectations, reflect the challenging economic environment we find ourselves in today. We have and will continue to stress the value and distinct experience we offer our guests through ongoing advertising and marketing efforts, which enable us to create mindshare and drive frequency across our restaurant base,' said Joel A. Schwartz, Chairman and Chief Executive Officer.

  • Send
  • PDF
  • Print
  • Bookmark
  • Go Back
  • Text Size:

  • ev Score
    2721
  • Ads by Nevistas

    Restaurant Stocks
    Restaurant Stocks

    CBRL 47.09 +0.45
    CEC 37.58 +0.18
    CKR 11.56 +0.09
    DPZ 14.19 +0.11
    DRI 43.49 +0.89
    MCD 66.38 +0.31
    RUBO 7.95 +0.0401
    SBUX 25.56 +0.27
    WEN 4.82 -0.04
    YUM 38.64 +1.01
    Newsletters
    Restaurant
    Industry News
     
    Hospitality
    Newsletter
     
    Hospitality
    Trends
     
    Hospitality
    Technology
     
    Your Email Address