The Expansion Brings New 270-Degree Panoramic Auditoriums to Shakopee, MN, Columbus, OH and The First-Ever SCREENX in Illinois HOLLYWOOD, Calif., April 2, 2025 /PRNewswire/ -- CJ 4DPLEX, the world's leading producer of premium film formats and cinema technologies, and Marcus Theatres®, a division of Marcus Corporation (NYSE: MCS) and the fourth largest exhibitor in the U.S., announced today an expansion of their successful partnership with the addition of three new 270-degree panoramic SCREENX auditoriums i ...

Agreement with Nation's Fourth Largest Cinema Exhibitor Includes Screenvision's Platinum Inventory & Enhancements to the Preshow Experience NEW YORK, March 27, 2025 /PRNewswire/ -- Screenvision Media, a national leader in delivering comprehensive premium video advertising and content representation services for top-tier cinema exhibitors, today announced a new agreement to extend is longstanding relationship with Marcus Theatres®, a division of The Marcus Corporation (NYSE:MCS). "Our relationship with Marcu ...

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

The Marcus Corporation (NYSE:MCS) Q4 2024 Results Conference Call February 27, 2025 11:00 AM ET Company Participants Gregory Marcus - Chairman, President and CEO Chad Paris - CFO and Treasurer Conference Call Participants Mike Hickey - The Benchmark Company Patrick Sholl - Barrington Research Chris Potter - Northern Border Investment Operator Good morning, everyone, and welcome to The Marcus Corporation Third Quarter Earnings Conference Call. My name is Lydia, and I'll be your operator today. [Operator Inst ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 26, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 1-12604 THE MARCUS CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39 ...

Group 1: Earnings Performance - Marcus reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, compared to a loss of $0.05 per share a year ago, representing an earnings surprise of 18.18% [1] - The company posted revenues of $188.31 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.70%, and up from $161.53 million year-over-year [2] - Over the last four quarters, Marcus has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Marcus shares have declined approximately 2.9% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.43 on revenues of $151.3 million, and $0.46 on revenues of $774.9 million for the current fiscal year [7] Group 3: Industry Context - The Leisure and Recreation Services industry, to which Marcus belongs, is currently ranked in the top 16% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5] - The Zacks Rank for Marcus is currently 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [6]

Revenue Performance - Total revenues for fiscal 2024 were $735.6 million, a 0.8% increase from $729.6 million in fiscal 2023[4] - Fourth quarter total revenues were $188.3 million, a 16.6% increase from $161.5 million in the same quarter of fiscal 2023[4] - Marcus Theatres reported total revenues of $447.7 million for fiscal 2024, down from $458.4 million in fiscal 2023[8] - Marcus Hotels & Resorts achieved total revenues of $248.3 million for fiscal 2024, a 6.4% increase compared to fiscal 2023[13] - Theatre admissions revenue for the 13 weeks ended December 26, 2024, was $56,265,000, an increase of 15% from $48,912,000 in the same period last year[25] - Total revenues for the 52 weeks ended December 26, 2024, reached $735,560,000, compared to $729,575,000 for the previous year, reflecting a slight increase of 0.4%[25] Adjusted EBITDA - Adjusted EBITDA for the fourth quarter was $25.9 million, a 41.9% increase from $18.2 million in the prior year quarter[4] - Adjusted EBITDA for the 13 weeks ended December 26, 2024, was $25,881,000, up from $18,237,000 in the same period last year, representing a growth of 42%[31] - Adjusted EBITDA for the 13 weeks ended December 26, 2024, was $25,881,000, an increase from $18,237,000 in the same period of 2023, representing a growth of 42.1%[36] Operating Income and Loss - Operating income for Marcus Theatres was $22.1 million in fiscal 2024, down from $36.2 million in fiscal 2023, impacted by $6.8 million in impairment charges[8] - Operating income for the theatre segment for the 13 weeks ended December 26, 2024, was $3,344,000, compared to $3,469,000 in the same period last year[31] - The total operating income for the 52 weeks ended December 26, 2024, was $16,170,000, compared to a loss of $24,454,000 for the same period in 2023[38] Net Income and Loss - Net loss for fiscal 2024 was $7.8 million, compared to net earnings of $14.8 million in fiscal 2023[9] - The net loss for the 52 weeks ended December 26, 2024, was $7,787,000, compared to a net income of $14,794,000 for the previous year[25] - Net earnings for the 13 weeks ended December 26, 2024, were $986,000, compared to a loss of $1,440,000 for the same period in 2023[36] Cash Flow and Assets - Cash and cash equivalents decreased to $40,841,000 as of December 26, 2024, down from $55,589,000 a year earlier[26] - The company reported a net cash flow from operating activities of $52,566,000 for the 13 weeks ended December 26, 2024, compared to $33,987,000 for the same period last year[33] - Total assets decreased to $1,044,528,000 as of December 26, 2024, from $1,065,103,000 a year earlier[26] Capital Expenditures and Renovations - Capital expenditures for the 52 weeks ended December 26, 2024, totaled $79,210,000, significantly higher than $38,774,000 in the previous year[33] - Marcus Hotels & Resorts announced a $40 million renovation at the Hilton Milwaukee, expected to be completed in the first half of 2025[15] Impairment and Other Expenses - Impairment charges for the 13 weeks ended December 26, 2024, were $6,351,000, compared to $377,000 in the same period of 2023, reflecting a significant increase[36] - Other non-recurring expenses for the 13 weeks ended December 26, 2024, amounted to $2,400,000, while there were no such expenses reported in the same period of 2023[39] Interest Expense - The company reported interest expense of $2,812,000 for the 13 weeks ended December 26, 2024, down from $3,751,000 in the same period of 2023, indicating a decrease of 25.1%[36] - The company reported a total of $10,972,000 in interest expense for the 52 weeks ended December 26, 2024, down from $12,721,000 in the previous year, indicating a reduction of 13.8%[36] Company Operations - The company operates 985 screens at 78 locations across 17 states, maintaining its position as the fourth largest theatre circuit in the U.S.[22] - Revenue per available room (RevPAR) increased by 3.6% at comparable company-owned hotels in the fourth quarter of fiscal 2024[12] - The total depreciation and amortization expense for the 52 weeks ended December 26, 2024, was $67,958,000, slightly up from $67,301,000 in the previous year[36] - The company incurred share-based compensation expenses of $1,049,000 for the 13 weeks ended December 26, 2024, compared to $1,394,000 in the same period of 2023, a decrease of 24.7%[38] - The company reported equity losses from unconsolidated joint ventures of $158,000 for the 13 weeks ended December 26, 2024, compared to $22,000 in the same period of 2023[36]

Group 1 - The market anticipates Marcus (MCS) to report a year-over-year earnings increase driven by higher revenues for the quarter ended December 2024, with earnings expected to be $0.11 per share, reflecting a +320% change, and revenues projected at $187 million, up 15.8% from the previous year [1][3] - The stock price may rise if the actual earnings exceed expectations in the upcoming report scheduled for February 27, while a miss could lead to a decline [2] - The consensus EPS estimate for Marcus has been revised 17.81% lower in the last 30 days, indicating a reassessment by analysts [4] Group 2 - The Zacks Earnings ESP model shows that the Most Accurate Estimate for Marcus aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which complicates predictions of an earnings beat [10][11] - Despite a Zacks Rank of 1 (Strong Buy), the lack of a positive Earnings ESP reading makes it challenging to predict a beat for Marcus [11] - Historical performance indicates that Marcus has beaten consensus EPS estimates in two out of the last four quarters, with a notable surprise of +69.57% in the last reported quarter [12][13] Group 3 - AMC Entertainment, another player in the leisure and recreation services industry, is expected to report earnings of $0.16 per share for the same quarter, representing a +70.4% year-over-year change, with revenues anticipated at $1.29 billion, up 16.5% [17] - The consensus EPS estimate for AMC has been revised 17.2% higher in the last 30 days, leading to a positive Earnings ESP of 2.04%, suggesting a likely earnings beat [18]

Core Viewpoint - Marcus (MCS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][6]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell accordingly, thus affecting stock prices [4]. Company Performance and Outlook - The recent upgrade for Marcus suggests an improvement in the company's underlying business, which is expected to be reflected in a higher stock price as investors respond positively to this trend [5]. - Over the past three months, the Zacks Consensus Estimate for Marcus has increased by 14.7%, indicating a positive shift in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade of Marcus to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].