Benihana Inc. (BNHNA) Reports Small Decline in Q2 Sales
Benihana Inc. (NASDAQ: BNHNA; BNHN) reported total restaurant sales and comparable restaurant sales for the twelve-week second fiscal quarter ended October 11, 2009.
Second Fiscal Quarter 2010 Restaurant Sales
Total restaurant sales decreased 0.9% to $69.0 million in the second fiscal quarter 2010 from $69.6 million in the second fiscal quarter 2009. For the second fiscal quarter 2010, Company-wide comparable restaurant sales were (9.9%), including (12.2%) at Benihana teppanyaki, 0.2% at RA Sushi, and (14.3%) at Haru.
During the period, Benihana teppanyaki represented approximately 64.4% of consolidated restaurant sales, while RA Sushi and Haru accounted for 24.7% and 10.9% of consolidated restaurant sales, respectively. There were a total of 1,179 store-operating weeks in the second fiscal quarter 2010 compared to 1,055 store-operating weeks in the second fiscal quarter 2009.
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