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 brand, the company ...
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Contact: Desiree Torres Desiree.Torres@penton.com