Core Points - Marcus Corporation will participate in the Wells Fargo 9 Annual TMT Summit on November 18, 2025, with CEO Gregory S. Marcus and CFO Chad M. Paris attending [1][2] - The conference will include one-on-one meetings, company presentations, and discussions focused on technology, media, and telecommunications sectors [2] Company Overview - Marcus Corporation, headquartered in Milwaukee, is a leader in the lodging and entertainment industries, owning significant real estate assets [3] - The theatre division, Marcus Theatres, is the fourth largest in the U.S., operating 985 screens across 78 locations in 17 states under various brands [3] - The lodging division, Marcus Hotels & Resorts, manages 16 hotels and resorts in eight states [3] Recent Developments - Marcus Corporation celebrated its 90th anniversary on November 1, 2025, with a proclamation from Wisconsin's Governor Tony Evers recognizing "Marcus Corporation Day" [5] - The company declared a quarterly cash dividend of $0.08 per share, payable on December 15, 2025, to shareholders of record on November 25, 2025 [6] - David J. Marcus has been elected to the Board of Directors, bringing experience from his role as CEO of Marcus Investments LLC [7]

Core Insights - Marcus Corporation reported earnings per share (EPS) of $0.52, exceeding the estimated $0.43, and revenue of approximately $210.2 million, surpassing the estimated $207 million [1][6] - Despite the positive earnings, the company experienced a 9.7% decrease in revenue compared to the same period last year [2][6] - The Marcus Hotels & Resorts division contributed significantly to revenue growth, especially considering the previous year's boost from the Republican National Convention [3] Financial Metrics - The price-to-earnings (P/E) ratio is approximately 30.18, indicating the market's valuation of the company's earnings [3][6] - The price-to-sales ratio stands at 0.57, reflecting the company's market value relative to its sales [4] - The enterprise value to sales ratio is 1.08, showing the company's total valuation compared to its revenue [4] - The enterprise value to operating cash flow ratio is 10.60, indicating how the company's valuation compares to its cash flow from operations [4] - The earnings yield is 3.31%, providing insight into the return on investment for shareholders [5] - The debt-to-equity ratio is 0.40, indicating the proportion of debt used to finance the company's assets relative to equity [5] - The current ratio is 0.24, which may suggest potential liquidity challenges in meeting short-term obligations [5]

Core Insights - The Marcus Corporation reported a 9.7% decrease in total revenues for the third quarter of fiscal 2025, amounting to $210.2 million compared to $232.7 million in the same period last year [8][10] - The company experienced a significant decline in operating income, which fell by 30.7% to $22.7 million from $32.8 million year-over-year [8][10] - Net earnings decreased to $16.2 million, down from $23.3 million in the prior year, with earnings per diluted share at $0.52 compared to $0.73 [8][10] Marcus Theatres Performance - Total theatre revenues for the third quarter were $119.9 million, reflecting a 16.6% decrease from the previous year [5][30] - Same store admission revenues decreased by 15.8%, with attendance down 18.7% due to a less favorable film mix [6][30] - Adjusted EBITDA for the theatre division was $22.1 million, a 33.4% decrease from the prior year [5][30] Marcus Hotels & Resorts Performance - Total revenues for Marcus Hotels & Resorts increased by 1.7% to $80.3 million, driven by growth in food and beverage revenues [10][11] - Division operating income decreased by $0.7 million to $16.4 million, impacted by increased depreciation expenses [10][11] - Adjusted EBITDA for the hotels and resorts segment was $23.1 million, a slight increase of 0.3% compared to the previous year [10][11] Share Repurchase and Capital Return - The company repurchased 0.6 million shares for $9 million during the third quarter, with a total of over $25 million returned to shareholders in the past four quarters [2][14] - The Board of Directors authorized the repurchase of up to 4.0 million additional shares, increasing the total available for repurchase to 4.7 million shares [15][16] Future Outlook - The company anticipates a stronger film slate for the remainder of the year, with several highly anticipated releases expected to drive box office performance [9][10] - The hotel segment is expected to benefit from stable leisure travel demand and strong group business, particularly at newly renovated properties [12][10]

Core Points - Mark A. Gramz, president of Marcus Theatres, will retire on March 31, 2026, after 55 years with the company, and a search for his successor has begun [1][2][3] - Gramz started his career as a part-time associate and rose through the ranks to become president in 2022, showcasing a significant career progression within the company [3][4] - The Marcus Corporation operates the fourth largest movie theatre circuit in the U.S., with 985 screens across 78 locations in 17 states [6] Leadership Transition - A national search is underway for Gramz's successor, considering both internal and external candidates to ensure a smooth transition [1][2] - Gramz will continue to serve as an advisor post-retirement, providing operational insights and institutional knowledge [1][5] Company Background - Marcus Corporation is headquartered in Milwaukee and is a leader in the lodging and entertainment industries, with significant real estate assets [6] - The theatre division, Marcus Theatres, is complemented by the lodging division, Marcus Hotels & Resorts, which manages 16 properties across eight states [6] Achievements and Contributions - Gramz has been recognized for his leadership and philanthropic efforts, receiving the Salah M. Hassanein Humanitarian Award in October 2024 [4] - His career reflects a deep commitment to enhancing the moviegoing experience at Marcus Theatres [2][5]

Core Insights - Marcus reported fiscal Q2 2025 earnings per share (GAAP) of $0.23, exceeding estimates by 16.4%, with revenue increasing 17.0% year over year to $206.0 million, surpassing forecasts [1][2] - The Marcus Theatres segment experienced a significant revenue increase of 29.8%, driven by blockbuster films and strategic renovations, while the Hotels & Resorts segment saw flat revenue due to ongoing renovations [1][7] Financial Performance - Q2 Fiscal 2025 metrics include GAAP EPS of $0.23, revenue of $206.0 million, and adjusted EBITDA of $32.3 million, reflecting a 46.8% year-over-year increase [2] - Revenue from the Marcus Theatres segment reached $131.7 million, up from $101.5 million a year earlier, while the Hotels & Resorts segment reported revenue of $74.3 million, a slight decline of 0.3% [2] Operational Highlights - The Marcus Theatres segment saw a 26.7% increase in attendance and a 2.0% rise in average ticket prices, contributing to a record Memorial Day weekend [5] - Strategic renovations at various cinema locations improved customer experience and operational efficiency, including enhanced digital ordering tools and upgraded facilities [6] Hotels & Resorts Segment - The Hotels & Resorts segment faced challenges with renovations at the Hilton Milwaukee, leading to a decline in operating income to $4.2 million from $6.1 million in Q2 FY2024 [7] - Revenue per available room (RevPAR) decreased by 2.9%, but all renovated rooms reopened by the end of June 2025, positioning the segment for improved performance in the upcoming travel season [7][10] Strategic Focus - Marcus emphasizes investments in customer experience, digital technology, and facility upgrades to attract a diverse customer base and enhance competitive positioning [3][4] - Management is optimistic about the second half of fiscal 2025, citing a strong film lineup and completed hotel renovations as key growth drivers [10]