secwatch.observer — SEC 8-K summary
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Issuer:     MARCUS CORP (MCS)
CIK:        0000062234
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000062234-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62234/000006223422000017/0000062234-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62234/000006223422000017/mcs-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000062234-22-000017

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