Company Profile For Morton's Restaurant Group, Inc.

Morton's Restaurant Group, Inc. (MRT.N) (New York Stock Exchange)
sector: Cyclical Consumer Goods & Services · industry: Restaurants ·
As of  8:07pm GMT
2.77USD
Price Change
+0.04
Percent Change
+1.47%
 
 
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Overview

Morton's Restaurant Group, Inc. (MRG) is engaged in the business of owning and operating restaurants under the names Morton's The Steakhouse (Morton's), Trevi (Trevi) and Bertolini's Authentic Trattorias (Bertolini's). As of January 4, 2009, the Company owned and operated 83 restaurants (80 Morton’s and three Italian restaurants (one Trevi and two Bertolini’s)). Morton’s are upscale steakhouse restaurants. Morton’s and the Company’s Italian restaurants appeal to a broad spectrum of consumer tastes and target separate price points and dining experiences.

Quick Financial Synopsis

BRIEF: For the twenty six weeks ended 5 July 2009, Morton's Restaurant Group, Inc.'s revenues decreased 19% to $143M. Net loss from cont. ops. totaled $7.8M vs. an income of $4.6M. Revenues reflect lower sales due to uncertain macroeconomic environment, particularly in the United States. Net loss reflects the presence of operating loss vs. an income and the presence of write-off of deferred financing costs.

Company Address

Morton's Restaurant Group, Inc.
325 North LaSalle Street
Suite 500
Chicago   IL   60610
P: +1312.9230030

Total Employees

591

Find Out More About MRT.N

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