earnings
confidence high
sentiment positive
materiality 0.80
Marcus Corp reports Q4 net income $6.4M vs loss $39.0M; full-year Adj EBITDA $35.1M
MARCUS CORP
- Q4 revenue $169.0M (vs $36.7M); EPS $0.18 vs loss $1.29; second consecutive profitable quarter.
- Full-year revenue $458.2M, operating loss $41.5M improved from $178.4M; Adj EBITDA $35.1M.
- Marcus Theatres returned to profitability in Q4; outperformed industry by 2.1pp vs pre-pandemic 2019.
- Marcus Hotels & Resorts profitable in FY2021; formed JV with Searchlight Capital, acquired Kimpton Hotel Monaco Pittsburgh.
- Liquidity $239.1M; received $4.3M state grants and $22M federal tax refund after year-end.