Benihana Inc. Reports Total Restaurant Sales and Comparable Restaurant Sales Results for the First Four-Week Period of the Third Fiscal Quarter 2012

Benihana Inc. (NASDAQ: BNHN; BNHNA), reported total restaurant sales and comparable restaurant sales for the first four-week period (October 10, 2011 – November 6, 2011) of the third fiscal quarter of 2012. The announcement marks the Company's twenty-second consecutive four-week period of comparable restaurant sales growth.

For the four-week period ended November 6, 2011, total restaurant sales increased year over year by 6.0% to $24.4 million from $23.0 million, and Company-wide comparable restaurant sales increased by 7.4% to $24.2 million from $22.5 million. By concept, comparable restaurant sales increased 9.8% at Benihana Teppanyaki, 3.9% at RA Sushi, and 0.8% at Haru. These results were driven by traffic growth of 8.2% at Benihana Teppanyaki, relatively flat traffic at RA Sushi and dine-in traffic growth of 2.9% at Haru.

During the period, Benihana Teppanyaki represented approximately 67% of total restaurant sales, while RA Sushi and Haru accounted for 23% and 10% of total restaurant sales, respectively. There were 380 store-operating weeks in the first four-week period of the third fiscal quarter of 2012 compared to 384 store-operating weeks in the first four-week period of the third fiscal quarter of 2011.

Richard C. Stockinger, Chairman, President and Chief Executive Officer of Benihana Inc., said, "We are extremely pleased to report strong sales results again this period, and our objective is to continue implementing our strategy, which we expect to build further on the significant momentum that we have established in the past twenty-two four-week periods.  We are particularly satisfied by the robust results of our Benihana Teppanyaki concept, which achieved a 9.8% increase in comparable sales on top of an 8.2% increase in the same period of the prior year."

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