The return of business travel and expense account dining bolstered sales and traffic at Morton’s in 2010, though the company told analysts it took several price increases to offset higher commodity costs. Morton’s maintained the positive sales momentum that began in December 2009 throughout 2010, thanks in large part to a rebound in business travel and convention attendance that drove weekday traffic, chief executive Chris Artinian said in a conference call Thursday to discuss ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!