Browse the latest corporate news from Benihana.
May 22, 2012 at 5:20AM PDT | Source: Benihana |
Stockholders to Receive $16.30 Per Share in Cash in Successful Conclusion to Strategic Review
MIAMI, May 22, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN) ("Benihana" or the "Company"), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that it has entered into a definitive merger agreement with funds advised by Angelo, Gordon & Co.'s ("Angelo Gordon") Private Equity Group in a transaction valued at approximately $296 million.
Under the terms of the merger agreement, which has been approved by the Company's Board of Directors, Angelo Gordon will acquire all of the outstanding shares of Benihana's common stock for $16.30 per share in cash. This represents a premium of 46% percent over the average closing share price for the 30 days ended March 13, 2012, at which time the Company announced that it was exploring strategic alternatives (including a possible sale of the Company), and an approximate 23% premium to the closing share price on May 21, 2012... |
May 01, 2012 at 5:08AM PDT | Source: Benihana |
Hibachi Steak & Chicken for Two, Hibachi Mango Salmon for One
MIAMI, May 1, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has announced the May Chef's Specials, Hibachi Steak & Chicken for Two, a five-course feast for only $45 and Hibachi Mango Salmon for One, five courses for just $21.
Take your mom out for a celebratory meal on Mother's Day, and enjoy some family time together with a flavorful meal. Throughout the month, two guests can enjoy this Benihana teppanyaki treat of Hibachi Steak & Chicken entrees grilled with mushrooms and sesame seeds, Benihana onion soup, Benihana salad, hibachi shrimp appetizer, hibachi vegetables, homemade dipping sauces, steamed rice and Japanese hot green tea, a five-course meal for just $45 (tax and gratuity excluded)... |
April 11, 2012 at 4:57AM PDT | Source: Benihana |
Represents Nine Consecutive Quarters and Twenty-Seven Consecutive Periods of Comparable Sales Growth
Consistently Outstanding Sales Results Earn Benihana Teppanyaki Brand Number One Position in Knapp-Track Comparable Sales Survey for Calendar 2011
MIAMI, April 10, 2012 /PRNewswire/ -- Benihana Inc. (Nasdaq: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported total restaurant sales and comparable restaurant sales for the fourth fiscal quarter and full-year fiscal 2012. The announcement marks the Company's ninth consecutive quarter of comparable restaurant sales growth, reflecting twenty-seven consecutive comparable sales growth periods.
The Company also announced that the results for its Benihana Teppanyaki brand ranked number one in the highly-respected Knapp-Track comparable sales survey for calendar year 2011... |
April 09, 2012 at 6:55AM PDT | Source: Benihana |
Annual Coloring Contest Supports St. Jude's Children's Research Hospital
MIAMI, April 9, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has officially kicked off the annual Children Helping Children coloring contest as part of its Children's Day program. Throughout the month, children visiting any Benihana location nation-wide are encouraged to participate by drawing a picture to signify what the theme of "Children Helping Children" means to them. For each entry form collected, Benihana will donate $1 to the St. Jude Children's Research Hospital®, one of the world's premier centers for the research and treatment of pediatric cancer and other deadly childhood diseases... |
April 02, 2012 at 4:10AM PDT | Source: Benihana |
MIAMI, April 1, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has announced the April Chef's Specials, Hibachi Shrimp & Chicken for Two, a five-course feast for only $36 and Hibachi Tuna Steak for One, five courses for just $22.
Come celebrate spring break with close friends or family, and enjoy some relaxing time off with a flavorful meal. Throughout the month, two guests can enjoy this Benihana teppanyaki treat of Hibachi Shrimp & Chicken entrees grilled with mushrooms and sesame seeds, Benihana onion soup, Benihana salad, hibachi shrimp appetizer, hibachi vegetables, homemade dipping sauces, steamed rice and Japanese hot green tea, a five-course meal for just $36 (tax and gratuity excluded)... |
March 27, 2012 at 4:22AM PDT | Source: Benihana |
MIAMI, March 26, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that the Board of Directors has authorized and declared a dividend in the amount of $0.08 per Common Share. The dividend is payable in cash on April 23, 2012 to stockholders of record at the close of business on April 6, 2012.
The Company currently intends payment of regular quarterly dividends; however, the actual declaration of such future dividends and the establishment of the per share amount, record dates and payment dates for such future dividends are subject to the final determination of the Company's Board, and will be dependent upon future earnings, cash flows, financial requirements and other factors... |
March 14, 2012 at 4:20AM PDT | Source: Benihana |
MIAMI, March 13, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ GS: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, announced today that its Board of Directors is exploring strategic alternatives available to the Company, including a possible sale, in order to maximize shareholder value. The Company stated that no decision has been made to engage in a transaction or transactions resulting from the Board's exploration of strategic alternatives, and there can be no assurance that any transaction will occur or, if undertaken, the terms or timing thereof.
Richard C. Stockinger, Chairman, President and Chief Executive Officer, said: "The Board of Directors is enthused about the Company's strong track record of financial and operational performance, and the strides we have made over the past year... |
March 01, 2012 at 5:11AM PST | Source: Benihana |
Filet Mignon & Chicken for Two, Hibachi Mango Salmon for One
MIAMI, March 1, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has announced the March Chef's Specials, Filet Mignon & Chicken for Two, a five-course feast for only $48 and Hibachi Mango Salmon for One, five courses for just $21.
Celebrate the coming of spring with a delicious dinner at Benihana with close friends and family. Throughout the month, two guests can enjoy this Benihana teppanyaki treat of Filet Mignon & Chicken entrees grilled with mushrooms and sesame seeds, Benihana onion soup, Benihana salad, hibachi shrimp appetizer, hibachi vegetables, homemade dipping sauces, steamed rice and Japanese hot green tea, a five-course meal for just $48 (tax and gratuity excluded)... |
February 03, 2012 at 5:36AM PST | Source: Benihana |
MIAMI, Feb. 2, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ GS: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, will release its fiscal third quarter 2012 results before the market opens on Wednesday, February 8, 2012. The Company will host a conference call to discuss the results at 10:00 AM ET on February 8, 2012.
To listen to the call by phone, please dial 866-510-0707 within the U.S., or 617-597-5376 outside the U.S. When prompted, enter the participant passcode: 89820924. The conference call will be webcast live beginning at 10:00 AM ET through the Investor Relations page of the Company's website: www.benihana.com/about. Please arrive at least fifteen minutes prior to the call, as it may be necessary to download software to access it... |
February 01, 2012 at 6:46AM PST | Source: Benihana |
Hibachi Shrimp & Chicken for Two
MIAMI, Feb. 1, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has announced the February Chef's Specials, Hibachi Steak & Chicken for Two, a five-course feast for only $45 and Seafood Diablo for One, five courses for just $20.
Take a break from the dreary days of February with a warm, festive dinner at Benihana with close friends and family. Throughout the month, two guests can enjoy this Benihana teppanyaki treat of Hibachi Steak and Chicken entrees grilled with mushrooms and sesame seeds, Benihana onion soup, Benihana salad, hibachi shrimp appetizer, hibachi vegetables, homemade dipping sauces, steamed rice and Japanese hot green tea, a five-course meal for just $45 (tax and gratuity excluded)... |
January 06, 2012 at 6:18AM PST | Source: Benihana |
Represents Twenty-Fourth Consecutive Period and Eighth Consecutive Quarter of Comparable Sales Growth
MIAMI, Jan. 5, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today 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. The announcement marks the Company's twenty-fourth consecutive four-week period and its eighth consecutive quarter of comparable restaurant sales growth.
Richard C. Stockinger, Chairman, President and Chief Executive Officer of Benihana Inc., said, "We are very pleased with yet another period and quarter of excellent sales growth driven by increased traffic... |
January 03, 2012 at 6:01AM PST | Source: Benihana |
Hibachi Shrimp & Chicken for Two
MIAMI, Jan. 1, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has announced the January Chef's Special, Hibachi Shrimp & Chicken for Two, a five-course feast for only $36 and Hibachi Mango Salmon for One, five courses for just $21.
Ring in the New Year with a visit to Benihana with friends and family. Throughout the month, two guests can enjoy this Benihana teppanyaki treat of two hibachi shrimp and chicken entrees grilled with mushrooms and sesame seeds, Benihana onion soup, Benihana salad, hibachi shrimp appetizer, hibachi vegetables, homemade dipping sauces, steamed rice and Japanese hot green tea, a five-course meal for just $36 (tax and gratuity excluded)... |
December 09, 2011 at 4:30AM PST | Source: Benihana |
Represents Twenty-Third Consecutive Period of Comparable Sales Growth
MIAMI, Dec. 8, 2011 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported total restaurant sales and comparable restaurant sales for the second four-week period (November 7, 2011 – December 4, 2011) of the third fiscal quarter of 2012. The announcement marks the Company's twenty-third consecutive four-week period of comparable restaurant sales growth.
For the four-week period ended December 4, 2011, total restaurant sales increased year over year by 4.6% to $23.7 million from $22.7 million, and Company-wide comparable restaurant sales increased by 6.5% to $23.6 million from $22... |
December 01, 2011 at 7:03AM PST | Source: Benihana |
Filet Mignon & Chicken for Two
MIAMI, Dec. 1, 2011 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has announced the December Chef's Special, Filet Mignon & Chicken for Two, a six-course feast for only $50.
Celebrate the holiday season with a visit to Benihana with friends and family. Throughout the month, two guests can enjoy this Benihana teppanyaki treat of two filet mignon and chicken entrees grilled with mushrooms and sesame seeds, Benihana onion soup, Benihana salad, hibachi shrimp appetizer, mushrooms, hibachi vegetables, homemade dipping sauces, steamed rice, Japanese hot green tea, and cinnamon gelato dessert, a six-course meal for just $50 (tax and gratuity excluded)... |
November 30, 2011 at 4:42AM PST | Source: Benihana |
Stockholder Approval of Reclassification Proposal Certified; Class A Common Shares to Cease Trading Effective Today at Close of Market
MIAMI, Nov. 29, 2011 /PRNewswire via COMTEX/ -- Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that the results of the vote held at the November 17, 2011 Special Meeting of Stockholders have been certified as final. Stockholders in all classes voted in favor of the reclassification proposal (the "Reclassification") that will simplify the Company's capital structure by reclassifying each share of Class A Common Stock into one share of Common Stock.
The restated certificate of incorporation has been filed with and certified by the Delaware Secretary of State... |
November 21, 2011 at 10:06AM PST | Source: Benihana |
Seventh Consecutive Quarter of Company-Wide Comparable Sales Growth Continued Momentum of Operational Strategy Results in Restaurant Segment Income from Operations Increase of 32% to $6.2 Million
MIAMI, Nov. 16, 2011 /PRNewswire via COMTEX/ -- Benihana Inc. (NASDAQ: BNHN; BNHNA), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported financial results for its twelve-week fiscal second quarter 2012, ended October 9, 2011.
Highlights for the fiscal second quarter 2012 relative to the year-ago quarter include:
Company-wide comparable restaurant sales increased 6.4%, led by the Benihana Teppanyaki concept, which reported 7.7% comparable restaurant sales growth;
Total revenues increased 5... |
November 21, 2011 at 5:40AM PST | Source: Benihana |
Preliminary Results Indicate That Reclassification Passes With Majority of Votes Cast by Common Stockholders at Special Meeting Voting in Favor of Proposal
MIAMI, Nov. 21, 2011 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN; BNHNA), operator of the nation's largest chain of Japanese theme and sushi restaurants, welcomed the preliminary results of the November 17, 2011 Special Meeting in which stockholders voted in favor of the reclassification proposal (the "Reclassification") that will simplify the Company's capital structure by reclassifying each share of Class A Common Stock into one share of Common Stock.
Following the Special Meeting, the inspector of elections has preliminarily determined that a majority of the outstanding Common Stock voted in favor of the Reclassification... |
November 21, 2011 at 4:39AM PST | Source: Benihana |
MIAMI, Nov. 18, 2011 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN; BNHNA), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that the Special Meeting for stockholders to vote on the Company's reclassification proposal (the "Reclassification") was held yesterday, November 17, 2011. The Reclassification would simplify the Company's capital structure by reclassifying each share of Class A Common Stock into one share of Common Stock. The Company also announced that it will report the results of the vote promptly after they are available.
About Benihana
Headquartered in Miami, Benihana Inc. (NASDAQ GS: BNHN, BNHNA) is the nation's leading operator of Japanese theme and sushi restaurants with 96 restaurants nationwide, including 63 Benihana restaurants, eight Haru sushi restaurants and 25 RA Sushi restaurants... |
November 16, 2011 at 6:55AM PST | Source: Benihana |
MIAMI, Nov. 16, 2011 /PRNewswire via COMTEX/ -- Benihana Inc. (NASDAQ: BNHNA; BNHN), the nation's leading operator of Japanese theme and sushi restaurants, has been given the Gold Award at the 2011 U.S. National Sake Appraisal for its Sho Chiku BaiClassic brand. Sho Chiku BaiClassic is brewed by Takara Sake USA Inc. and is bottled and labeled as "Benihana Sake" for the restaurant's house sake brand.
Benihana's house sake competed against 96 contenders in the Junmai category at the international contest and received the Gold Award alongside 26 other entries, the highest award in the Junmai category. Sho Chiku BaiClassic is the only sake made in the U.S. to win the Gold Award this year. The sake was judged amongst its competing beverages by a "blind" tasting conducted in two phases; first, a tasting for all entries and then a secondary tasting of those sakes that placed in the top 50 percent... |
November 14, 2011 at 6:25AM PST | Source: Benihana |
MIAMI, Nov. 14, 2011 /PRNewswire via COMTEX/ -- Benihana Inc. (NASDAQ GS: BNHN, BNHNA), operator of the nation's largest chain of Japanese theme and sushi restaurants, will release its fiscal second quarter 2012 results before the market opens on Wednesday, November 16, 2011. The Company will host a conference call to discuss the results at 10:00 AM ET on November 16, 2011.
To listen to the call by phone, please dial 866-804-6928 within the U.S., or 857-350-1674 outside the U.S. When prompted, enter the participant passcode: 49139498. The conference call will be webcast live beginning at 10:00 AM ET through the Investor Relations page of the Company's website: www.benihana.com/about. Please arrive at least fifteen minutes prior to the call, as it may be necessary to download software to access it... |
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This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. 
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Benihana Inc. (NASDAQ: BNHNA; BNHN) operates 80 restaurants nationwide, including 59 Benihana teppanyaki restaurants, seven Haru sushi restaurants, and fourteen RA Sushi Bar restaurants.
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