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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com