Marcus Corp reports Q4 net loss $0.05/sh; FY23 net income $0.46/sh on 7.7% revenue growth

MARCUS CORP

Q4 revenue $161.5M (-0.9% YoY); net loss narrowed to $1.4M ($0.05/sh) from $9.3M loss.
FY23 revenue $729.6M (+7.7%); net income $14.8M ($0.46/sh) vs net loss $12.0M in FY22.
Adjusted EBITDA FY23 $108.7M (+27.8%); Marcus Theatres operating income $36.2M (+347% YoY).
Marcus Hotels acquired Loews Minneapolis Hotel via JV; close expected early March 2024.

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 and fiscal year ended December 28, 2023 results: revenue $161.5 million, net income net loss was $1.4 million, EPS $0.05.

Period: fourth quarter and fiscal year ended December 28, 2023
Revenue: $161.5 million
Net income: net loss was $1.4 million
EPS: $0.05
Result: reported results

Exact text from the filing

opportunities for strategic growth, and compelling assets and offerings.” Fourth Quarter Fiscal 2023 Highlights • Total revenues for the fourth quarter of fiscal 2023 were $161.5 million, a 0.9% decrease from total revenues of $162.9 million for the fourth quarter of fiscal 2022. • Operating income was $1.2 million for the fourth quarter of fiscal 2023, compared

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Source: SEC EDGAR

accession 0000062234-24-000007

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