Morton's Restaurant Group, Inc. (NYSE:MRT)
CAPS Rating:
The Company is engaged in the business of owning and operating restaurants under the names Morton's The Steakhouse, Trevi and Bertolini's Authentic Trattorias.
The Company is engaged in the business of owning and operating restaurants under the names Morton's The Steakhouse, Trevi and Bertolini's Authentic Trattorias.
Recs
Company has lots of liquidity - big wine collection to go with their heavy debt. There has been some modest improvement in the upscale dining category, but with U6 unempoloyment still around 17%, still a tough one to swallow after recent run.