Morton's 4th-Q profit jumps to $5.6M

CHICAGO Morton's Restaurant Group Inc., owner and operator of 74 namesake steakhouses and four additional Italian restaurants, swung to a fourth-quarter profit of $5.6 million, or 33 cents per share, from a net loss of $3.8 million, or 38 cents per share, a year earlier.

Revenues for the latest quarter, ended Dec. 31, increased 8.7 percent to $90.9 million. Same-store sales increased 6.7 percent at Morton's units and fell 2.7 percent at the Italian Bertolini's

Register to view the full article

Register to view this article

TAGS: Finance
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.