Benihana Inc. (BNHN) reported total restaurant sales and comparable restaurant sales for the fourth fiscal quarter and full-year fiscal 2012.
For the fourth fiscal quarter ended April 1, 2012, total restaurant sales increased year over year by 12.9% to $91.9 million from $81.4 million. The company said that the fourth fiscal quarter of 2012 included one extra week of operating results in keeping with the Company's 52/53 week fiscal year reporting convention.
Excluding the one extra week of sales in the recent fiscal quarter, total restaurant sales for the fourth fiscal quarter increased 4.1% to $84.7 million. Company-wide comparable restaurant sales increased by 4.8% for the fourth fiscal quarter ended April 1, 2012.
For comparable sales reporting purposes, the extra week of sales is compared against sales for comparable units in the first week of fiscal year 2012. By concept, comparable restaurant sales increased 6.0% at Benihana Teppanyaki, 2.1% at RA Sushi and 2.4% at Haru. These results were led by traffic growth of 5.9% at Benihana Teppanyaki, the company said.
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