Skip navigation

SWRG widens 4th-Q net loss

NEW YORK The Smith & Wollensky Restaurant Group Inc., operator of 13 upscale restaurants including nine namesake steakhouse locations, widened its net loss for the fourth quarter and for the full year ended Jan. 1, mainly because of impairment charges for now closed restaurants, the company reported.

For the fourth quarter, Smith & Wollensky posted a loss of $3.5 million, or 40 cents per share, versus a net loss of $397,000, or 4 cents per share, a year-earlier.

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.