Benihana (BNHN) Reports December and Q3 Same-Store Sales
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Benihana Inc. (NASDAQ: BNHN) reported total restaurant sales and comparable restaurant sales for the final four-week period (December 5, 2011 – January 1, 2012) and the entire twelve-week period of the third fiscal quarter of 2012.
For the four-week period ended January 1, 2012, total restaurant sales increased year over year by 6.4% to $28.6 million from $26.9 million, and Company-wide comparable restaurant sales increased by 7.0% to $28.6 million from $26.7 million. By concept, comparable restaurant sales increased 7.1% at Benihana Teppanyaki, 5.8% at RA Sushi and 9.9% at Haru. These results were driven by traffic growth of 4.7% at Benihana Teppanyaki.
For the twelve-week third fiscal quarter of 2012, total restaurant sales increased year over year by 5.7% to $76.7 million from $72.6 million, and Company-wide comparable restaurant sales increased by 7.0% to $76.4 million from $71.4 million. By concept, comparable restaurant sales increased 8.2% at Benihana Teppanyaki, 4.8% at RA Sushi and 3.6% at Haru. These results were driven by traffic growth of 6.4% at Benihana Teppanyaki.
During the quarter, Benihana Teppanyaki represented approximately 69% of total restaurant sales, while RA Sushi and Haru accounted for 22% and 9% of total restaurant sales, respectively.
For the four-week period ended January 1, 2012, total restaurant sales increased year over year by 6.4% to $28.6 million from $26.9 million, and Company-wide comparable restaurant sales increased by 7.0% to $28.6 million from $26.7 million. By concept, comparable restaurant sales increased 7.1% at Benihana Teppanyaki, 5.8% at RA Sushi and 9.9% at Haru. These results were driven by traffic growth of 4.7% at Benihana Teppanyaki.
For the twelve-week third fiscal quarter of 2012, total restaurant sales increased year over year by 5.7% to $76.7 million from $72.6 million, and Company-wide comparable restaurant sales increased by 7.0% to $76.4 million from $71.4 million. By concept, comparable restaurant sales increased 8.2% at Benihana Teppanyaki, 4.8% at RA Sushi and 3.6% at Haru. These results were driven by traffic growth of 6.4% at Benihana Teppanyaki.
During the quarter, Benihana Teppanyaki represented approximately 69% of total restaurant sales, while RA Sushi and Haru accounted for 22% and 9% of total restaurant sales, respectively.
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