earnings
confidence high
sentiment positive
materiality 0.70
Marcus Corp Q1 revenue up 15% to $152.3M; net loss narrows to $0.31/share from $0.48
MARCUS CORP
- Total revenues $152.3M (+15.1% YoY); net loss attributable $9.5M ($0.31 diluted) vs $14.9M ($0.48) prior year.
- Theatres division revenue $96.4M (+21.2%), operating income $1.5M; same-store attendance +13.9%, avg ticket price +8.8%.
- Adjusted EBITDA $9.5M vs $3.4M, a 182.2% increase.
- Hotels RevPAR increased at all owned properties; group booking pace for FY2023 ahead of prior year.
- Balance sheet: $222.8M cash and revolving credit availability; no debt or guidance changes.