earnings
confidence high
sentiment negative
materiality 0.75
Marcus Corp Q3 revenue down 9.7% to $210.2M, EPS $0.52 vs $0.73; board authorizes 4M share buyback
MARCUS CORP
- Total revenues $210.2M (-9.7% YoY); operating income $22.7M (-30.7%); net earnings $16.2M ($0.52 diluted EPS) vs $23.3M ($0.73).
- Theatre revenues fell 16.6% to $119.9M; attendance down 18.7%; division operating income decreased $9.4M.
- Hotels & Resorts revenue up 1.7% to $80.3M; RevPAR down 1.5% but outperformed comp set by 5.2pp; Adjusted EBITDA flat.
- Repurchased 0.6M shares for $9M in Q3; Board authorized up to 4.0M additional shares; total remaining authorization 4.7M shares.
- Management cited weak theatre film slate and tough comparison to RNC-driven prior year; positive outlook for Q4 and FY2026.