{"schema_version":"secwatch.filing_event.v1","accession":"0000062234-25-000044","form_type":"8-K","ticker":"MCS","cik":"0000062234","company_name":"MARCUS CORP","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.891450+00:00","generated_at":"2026-05-17T01:10:40.819109+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Marcus Corp Q3 revenue down 9.7% to $210.2M, EPS $0.52 vs $0.73; board authorizes 4M share buyback","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000062234-25-000044","json":"https://secwatch.observer/filing/0000062234-25-000044.json","markdown":"https://secwatch.observer/filing/0000062234-25-000044.md","text":"https://secwatch.observer/filing/0000062234-25-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/62234/000006223425000044/0000062234-25-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/62234/000006223425000044/mcs-20251031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:10:40.819109+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}