Morton's Restaurant Group, Inc. · Chicago, IL United States ·(NYSE: MRT)
Company Description
View Morton's Restaurant Group, Inc. Locations On A US Map
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This link will open in a new window Morton's Restaurant Group offers eateries with an aura the Rat Pack would have loved. The company owns and operates about 80 upscale Morton's The Steakhouse locations in nearly 30 states, including such markets as Chicago, Dallas, Los Angeles, and New York City. The well-known restaurants serve steak, lobster, and veal in an upscale setting featuring dark wood interiors and background music by Sinatra. Morton's also operates two upscale Italian restaurants under the name Bertolini's Authentic Trattorias and a third called Trevi. Investment firm Castle Harlan owns almost 30% of the company. To read the full description, subscribe now.
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Key Morton's Restaurant Group, Inc. Financials
| Company Type | Public - NYSE: MRT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $354.5 |
| 2008 Employees | 4,743 |
Morton's Restaurant Group, Inc. Executives
176 executives listed for Morton's Restaurant Group, Inc.'s Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Thomas Baldwin | Network |
| Vice Chairman, Morton's of Chicago | Klaus Fritsch | Network |
| SVP, CFO, and Treasurer | Ronald DiNella | Network |
Competition
Competitive Landscape for Morton's Restaurant Group, Inc.
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Morton's Restaurant Group, Inc. Competitors
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