Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 28, 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 ...

Marcus (MCS) reported $138.55 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 9%. EPS of -$0.38 for the same period compares to -$0.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $141.88 million, representing a surprise of -2.35%. The company has not delivered EPS surprise, with the consensus EPS estimate being -$0.38.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Marcus (MCS) came out with a quarterly loss of $0.38 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.31 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this operator of movie theaters, hotels and resorts would post a loss of $0.17 per share when it actually produced a loss of $0.05, delivering a surprise of 70.59%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Marcus, which ...

Exhibit 99.1 THE MARCUS CORPORATION REPORTS FIRST QUARTER FISCAL 2024 RESULTS Milwaukee, May 2, 2024 … The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2024 ended March 28, 2024. "Marcus Hotels & Resorts led our results for the quarter as our group business continued to grow significantly. As we head into the summer travel and convention season in our markets, we are well positioned to capture both leisure and group business across our portfolio, particularly at our new ...

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.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, in ...

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 28, 2023 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 ...

Exhibit 99.1 THE MARCUS CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2023 RESULTS Marcus Theatres and Marcus Hotels & Resorts Contributed to Strong Results Milwaukee, February 29, 2024 … The Marcus Corporation (NYSE: MCS) today reported results for the fourth quarter and fiscal year 2023 ended December 28, 2023. "Our fiscal year 2023 results marked another year of significant growth as both Marcus Theatres and Marcus Hotels & Resorts continued to drive operational excellence at our movie theatres ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 28, 2023 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) Wisco ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2023 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 THE MARCUS CORPORATION INDEX | | | Page | | --- | --- | --- | | P ...

Financial Data and Key Metrics Changes - Total revenues for the second quarter were $207 million, an increase of 4.3% compared to the prior year quarter [27] - Operating income was $20.8 million, reflecting a 10.1% increase year-over-year [27] - Net earnings for the second quarter reached $13.5 million, over a 50% increase compared to the same quarter last year [28] - Adjusted EBITDA for the quarter was $38.7 million, a 3.7% increase from the prior year's second quarter [28] - Interest expense decreased by approximately $1 million or 24% due to a lower overall debt level, which was approximately $35 million or 16% lower than the end of the second quarter last year [6] Business Line Data and Key Metrics Changes Theaters Division - Admission revenue increased by 9.4% compared to the second quarter of 2022, despite a 3.8% decrease in comparable theater attendance [29] - Average admission price increased by 14.2% during the second quarter compared to last year [9] - Average concession food and beverage revenues per person increased by 7.3% during the second quarter compared to the previous year [21] - Theater division adjusted EBITDA was $31.3 million, an increase of 8.7% compared to the prior year [34] Hotels and Resorts Division - Revenues were $70.1 million for the second quarter, a 1.5% increase compared to the prior year [13] - Comparable hotel revenues increased by $5.5 million or 8.5% when excluding the impact of the Skirvin Hilton sale [13] - RevPAR for comparable owned hotels grew by 9.1% during the second quarter compared to the prior year [35] - Food and beverage revenue at comparable owned hotels was up 6.4% in the second quarter compared to the prior year [37] Market Data and Key Metrics Changes - U.S. box office receipts increased by 13.6% during the second quarter compared to the previous year [30] - Comparable competitive hotels experienced a RevPAR increase of 10.1% for the second quarter, indicating that the company's hotels underperformed their competitive set by approximately one percentage point [14] Company Strategy and Development Direction - The company is focused on strategic pricing initiatives to enhance admission per caps and total admission revenue throughout 2023 [19] - The Value Tuesday promotion has been positively received, with increased sales of concessions and food items [20][66] - The company plans to invest in renovations and capital expenditures of $40 million to $50 million for fiscal 2023, down from a previous estimate of $60 million to $75 million [38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the film slate for the summer, highlighting strong performances from films like "Sound of Freedom" and "Barbie" [44][45] - The company acknowledged potential disruptions from the writers and actors strikes but remains confident in the long-term demand for theatrical releases [70][72] - Group booking trends are positive, with group room revenue bookings running approximately 8% ahead of the previous year [51] Other Important Information - The company closed three underperforming theaters, which is expected to be accretive to earnings and cash flow [34] - The company ended the second quarter with $44.6 million in cash and over $265 million in total liquidity, maintaining a strong balance sheet [17] Q&A Session Summary Question: How linked are the writers and actors strike actions? - Management indicated uncertainty about the internal linkage but noted that the strikes have disrupted promotional activities for films [54] Question: How is the company managing the impact of renovations on operations? - Management stated that renovations are being scheduled during slower periods to minimize disruption [106] Question: What is the outlook for the dividend moving forward? - Management expressed confidence in the balance sheet and indicated that discussions about the dividend will continue each quarter [119] Question: How is the company addressing the impact of the convertible notes on stock performance? - Management acknowledged the short interest related to the convertible notes but emphasized the importance of maintaining market-leading positions [127] Question: What are the expectations for future capital expenditures? - Management clarified that the reduction in capital expenditure guidance is a timing shift and that investments are still a focus [140]