secwatch.observer — SEC 8-K summary
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Issuer:     MARCUS CORP (MCS)
CIK:        0000062234
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000062234-23-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62234/000006223423000002/0000062234-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62234/000006223423000002/mcs-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000062234-23-000002

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