xtrabackup is very different than mysqldump. It doesn't generate a dump of schema data that is "restored" -- it actually opens your tables with a running copy of InnoDB and generates tablespace data that is directly usable by MySQL. For most purposes, it behaves like a cold backup of your data directory. After applying incrementals, there is no actual restore procedure involved with xtrabackup other than simply copying the backup into place and starting MySQL.
What might work is to export and import individual tables as described in http://www.percona.com/doc/percona-xtrabackup/xtrabackup_bin/exporting_importing_tables.html. I have not verified that this will work between schemas of different names, but I cannot think of a reason why it wouldn't.