| Business Summary | | Morton's
Restaurant
Group,
Inc.,
at
December
31,
2000,
owned
and
operated
57
Morton's
of
Chicago
Steakhouse
restaurants
(Morton's)
and
five
Bertolini's
Authentic
Trattoria
restaurants
(Bertolini's).
Morton's
caters
primarily
to
high-end,
business-oriented
clientele.
It
serves
a
24-ounce
porterhouse,
a
20-ounce
New
York
strip
sirloin
and
a
16-ounce
ribeye.
Morton's
also
offers
fresh
fish,
lobster,
veal
and
chicken.
While
the
emphasis
is
on
beef,
the
menu
selection
is
broad
enough
to
appeal
to
many
taste
preferences.
Bertolini's
is
a
white-tablecloth,
Italian
trattoria
that
provides
table
service
in
a
casual
dining
atmosphere. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MRG
owns
and
operates
restaurants
utilizing
two
distinct
restaurant
concepts:
Morton's
of
Chicago
and
Bertolini's
Authentic
Trattorias.
For
the
six
months
ended
7/1/01,
revenues
rose
less
than
1%
to
$123.3
million.
Net
income
fell
77%
to
$1.2
million.
Revenues
reflect
incremental
revenues
from
seven
new
restaurants
opened
after
1/00
and
price
increases.
Earnings
were
partially
offset
by
increased
pre-opening
and
food
and
beverage
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Allen Bernstein, 55 Chairman,
Pres, CEO | $1.1M | $112K | Thomas Baldwin, 45 CFO,
Exec. VP, Assistant Sec., Treasurer, Director | 433K | -- | John Bettin, 45 Pres-Morton's
of Chicago | 383K | -- | Allen Schreiber, 60 Sr.
VP, Devel. | 288K | -- | Roger Drake, 40 VP,
Corp. Communications | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|