Benihana Inc. earnings positive for the year, slip in 4Q

While Benihana Inc. executives said earnings for the Japanese-themed restaurant company moved into positive territory for the year, net income slipped in the fourth quarter.

For the fourth quarter ended March 27, net income declined to $500,0000, or two cents per share, compared with earnings of $1.7 million, or nine cents per share, for the same period last year.

The Miami-based company attributed the decrease chiefly to higher stock-based compensation, which contributed to a h

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