Chicago-based Morton’s Restaurant Group Inc. reported quarterly increases in traffic, same-store sales, revenue and improved operating margins, despite special charges that contributed to a net loss in the third quarter. For the third quarter ended Oct. 2, Morton’s net loss was $2.4 million, or 15 cents per share, compared with a net loss of $2.1 million, or 13 cents per share, a year earlier. The company took aggregate charges in the quarter for the settlement of wage-and-hour ...
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Contact: Desiree Torres Desiree.Torres@penton.com