RISE - Menu Monitor

Morton’s Restaurant Group Inc. reported for the fourth quarter ended December 31, net earnings increased to $5.6 million
from a loss of $3.8 million for the same period last year. Revenues grew 8.7% to $90.9 million from $83.6 million. Same-store
sales rose 6.4%. For the year ended December 31, the company reported a net loss of $13.6 million from a loss of $4.2 million
for the same period last year. Revenues increased 7.1% to $322 million from $301 million. Same-store sales rose 4.1%.
(Company Release 2/26/07)
Morton’s Restaurant Group Inc. reported for the first quarter ended April 1 net earnings were $5 million compared to a net loss
of $21.6 million for the same period last year. Revenues increased 7% to $88.9 million from $83.1 million. Same-store sales
grew 0.4%. (Company Release 4/25/07)
Morton’s in Hollywood, CA, is closing its doors at the end of this year. The restaurant opened in 1979 and was known as a
place where Hollywood power players made business deals. The space will be converted into Soho House West Hollywood, a
members-only social club with outposts in New York City and London. (Los Angeles Times 5/12/07)
Morton’s Restaurant Group Inc. is seeing positive second-quarter sales after sluggish first-quarter sales, attributed to bad
weather. Sales for the second quarter grew 7%. Shares rose 7.5% to $17.40. (Associated Press 6/26/07)
Morton’s of Chicago steakhouse chain is threatening to sue Morton’s Pub and Grub in Muncie, IN, for infringing on its name. In
a letter from attorneys, the 75-unit fine-dining steakhouse is concerned about the public mistaking the 40-seat Morton’s Pub
and Grub for its brand. The pub owners do not intend to change the restaurant’s name. (NRN Daily NewsFax 10/16/07)
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