Benihana Inc. (BNHN) Friday said its profit for the fourth quarter declined from last year, due mainly to higher operating expenses, not withstanding a double-digit growth in revenues.
The Miami, Florida-based company's fourth-quarter net profit attributable to common stockholders was $81 thousand or break-even per share, compared to $298 thousand or $0.02 per share last year.
Total revenues for the quarter grew 12.8 percent to $92.29 million from $81.79 million in the prior-year quarter.
Comparable restaurant sales for the quarter rose 4.8 percent to $84.69 million from $80.77 in the similar quarter last year.
For the quarter, total operating expenses increased to $92.63 million from $79.59 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.