Marcus Corp Q3 revenues up 26% to $183.7M; hotel division surpasses pre-pandemic 2019 levels

MARCUS CORP

Net earnings of $3.3M ($0.10 diluted EPS) vs $1.8M ($0.06) in prior-year quarter.
Adjusted EBITDA of $27.9M, up from $24.5M; three-quarter EBITDA of $68.5M vs $5.8M.
Hotel RevPAR up at 7 of 8 owned properties; division revenue exceeded 2019 Q3 by 9%.
Theatre attendance rose 28% YoY; fifth straight quarter of positive adjusted EBITDA.
Board declares $0.05 per share quarterly dividend payable Dec 15, 2022 to Nov 25 holders.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MARCUS CORP reported fiscal third quarter ended September 29, 2022 results: revenue $183.7 million, net income $3.3 million, EPS $0.10.

Period: fiscal third quarter ended September 29, 2022
Revenue: $183.7 million
Net income: $3.3 million
EPS: $0.10
Result: reported results

Exact text from the filing

Total revenues for the third quarter of fiscal 2022 were $183.7 million

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Source: SEC EDGAR

accession 0000062234-22-000042

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