Marcus Corp reports Q4 loss, full-year revenue up 48%; Hotels record Adj. EBITDA

MARCUS CORP

Q4 total revenues $162.9M (-3.6% YoY); operating loss $2.7M vs income $14.0M; net loss $0.30/share vs EPS $0.18.
Full-year revenues $677.4M (+47.8%); operating income $8.3M vs loss $41.5M; net loss $0.39/share vs $1.42.
Full-year Adjusted EBITDA $85.1M (+142.5%); Hotels & Resorts posted record Adjusted EBITDA for fiscal 2022.
Marcus Theatres full-year revenue +50.3%, attendance +47.2%; operating income turned positive at $8.1M.
Sold Skirvin Hilton for $36.75M; net proceeds $6.9M to be redeployed; cash & revolver availability $243.5M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MARCUS CORP reported Fourth Quarter Fiscal 2022 results: revenue $162.9 million, net income ($9.3 million), EPS ($0.30).

Period: Fourth Quarter Fiscal 2022
Revenue: $162.9 million
Net income: ($9.3 million)
EPS: ($0.30)
Result: reported results

Exact text from the filing

Total revenues for the fourth quarter of fiscal 2022 were $162.9 million, a 3.6% decrease from total revenues of $169.0 million for the fourth quarter of fiscal 2021. • Operating loss was $2.7 million for the fourth quarter of fiscal 2022, compared to operating income of $14.0 million for the prior year quarter. • Net loss attributable to The Marcus Corporation was $9.3 million for the fourth quarter of fiscal 2022, compared to net earnings attributable to The Marcus Corporation of $6.4 million for the same period in fiscal 2021. Net loss attributable to the Marcus Corporation for the fourth quarter of fiscal 2022 was negatively impacted by $6.7 million, or $0.21 per share, of income tax expense due to net increases in valuation allowances for deferred state income taxes. • Net loss per diluted common share attributable to The Marcus Corporation was $0.30 for the fourth quarter of fiscal 2022, compared to net earnings per diluted common share attributable to The Marcus Corporation of $

View on SEC.gov

Browse all earnings releases →

MARCUS CORP filing history →

Source: SEC EDGAR

accession 0000062234-23-000002

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.