Marcus Corp Q1 revenue $132.2M, net loss $14.9M from $28.1M; both divisions outperform industry

MARCUS CORP

Total revenues $132.2M vs $50.8M YoY; net loss $14.9M ($0.48/diluted share) vs $28.1M ($0.93) prior year.
Adjusted EBITDA positive $3.4M compared to negative $17.5M; both divisions outperformed their industries.
CFO Douglas Neis retiring May 15, 2022; Chad Paris promoted to CFO from corporate controller and treasurer.
Marcus Theatres positive EBITDA third consecutive quarter; top films 'The Batman' and 'Spider-Man: No Way Home' drove attendance.
Marcus Hotels RevPAR improved at all owned properties; group booking pace for 2022 improving sequentially.

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