secwatch.observer — SEC 8-K summary
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Issuer:     MARCUS CORP (MCS)
CIK:        0000062234
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0000062234-22-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marcus Corp reports Q4 net income $6.4M vs loss $39.0M; full-year Adj EBITDA $35.1M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62234/000006223422000008/0000062234-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62234/000006223422000008/mcs-20220303.htm
  HTML page:      https://secwatch.observer/filing/0000062234-22-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer