Highest-materiality recent filing
Marcus Corp Q2 net earnings up 116% to $15.8M; revenue $231.7M, +12.5% YoY
Total revenues $231.7M (+12.5% YoY); net earnings $15.8M (+116.4%); diluted EPS $0.51 (+121.7%).
All 12 director nominees elected; each received >84M votes for, except Gehl (75.7M for, 10.5M withheld).
Marcus Corp Q1 FY2026 revenue $154.4M, net loss narrows to $0.51/share
Total revenues $154.4M (+3.8% YoY); operating loss improved to $19.3M from $20.4M; net loss per share $0.51 vs $0.54.
Marcus Theatres president Gramz to retire May 1, 2026; Tomachek promoted
Mark Gramz to retire as president of Marcus Theatres effective May 1, 2026, after 55 years with the company.
Marcus Corp Q4 revenue up 2.8% to $193.5M; EPS $0.19 vs $0.03 YoY; Hotels record FY EBITDA
Q4 revenues $193.5M (+2.8% YoY); net earnings $6.0M ($0.19 dil. EPS) vs $1.0M ($0.03) prior year.
David J. Marcus elected to Marcus Corp board; board expands to 12
Board expanded to 12 directors; David J. Marcus elected to fill vacancy, term expires at 2026 annual meeting.
Marcus Corp Q3 revenue down 9.7% to $210.2M, EPS $0.52 vs $0.73; board authorizes 4M share buyback
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).
Marcus Corp elects Paul A. Leff as new independent director, board expands to 11
Paul A. Leff elected to Marcus Corp board, filling vacancy from board expansion to 11 directors.
Marcus Corp Q2 revenue up 17% to $206M; net earnings $7.3M vs loss $20.2M
Total revenues $206.0M, +17% YoY; operating income $13.0M vs $2.2M; net earnings $7.3M vs net loss $20.2M (prior year had $15M convertible note repurchase charge).
Marcus Corp shareholders approve 2025 Omnibus Incentive Plan (2M shares reserved)
Shareholders approved 2025 Omnibus Incentive Plan with 97.09% of votes cast in favor.
Marcus Corp Q1 net loss $0.54/share; revenue up 7.4% to $148.8M
Net loss $16.8M ($0.54 diluted EPS) vs $11.9M loss ($0.38) in prior year quarter.
Marcus Corp Q4 revenue up 16.6% to $188.3M; full year net loss $7.8M on debt conversion
Q4 total revenues $188.3M (+16.6% YoY); operating loss $2.2M vs income $1.2M due to $6.4M impairment.
Marcus Corp changes fiscal year end to Dec 31, effective FY2025
Fiscal year end shifts from last Thursday of December to calendar Dec 31, beginning FY2025.
Total revenues $232.7M (+11.4% YoY); operating income $32.8M (+56.6%); diluted EPS $0.73 vs $0.32.
Enters purchase agreements to exchange $13.5M aggregate principal of 5% convertible notes due 2025 for cash.
Marcus Corp Q2 net loss $20.2M; rev down 15%; repurchases $86.4M notes, issues $100M debt
Total revenues $176M, down 15% YoY from $207M; operating income fell to $2.2M from $20.8M.
Marcus Corp. closes $100M senior notes private placement, repurchases $86.4M convertible notes
Issued $60M in 6.89% senior notes due 2031 and $40M in 7.02% senior notes due 2034.
Marcus Corp to repurchase $46.4M of 5% convertible notes due 2025 for ~$53.9M cash
Exchange of $46.401M aggregate principal of 5% convertible senior notes due 2025 for cash; net cost expected ~$47.4M after $6.5M capped call unwind cash.
Marcus Corp reports shareholder voting results from 2024 annual meeting
All 10 director nominees elected, each receiving at least 91.63% of votes cast.
Entered purchase agreements with holders to exchange $40.0M aggregate principal of 5.00% Convertible Senior Notes due 2025 for cash, expected to close June 14, 2024.
Marcus Q1 results weaken: revenue down 9%, net loss widens to $0.38/share, EBITDA slumps
Total revenues $138.5M, down 9% YoY from $152.3M; operating loss $16.7M vs $9.0M loss.
Marcus Corp reports Q4 net loss $0.05/sh; FY23 net income $0.46/sh on 7.7% revenue growth
Q4 revenue $161.5M (-0.9% YoY); net loss narrowed to $1.4M ($0.05/sh) from $9.3M loss.
Marcus Corp restructures LTIP, grants special restricted stock to top executives
LTIP revised to three elements: 40% performance cash, 20% performance shares, 40% restricted stock/units; metrics ROIC (75%) and EBITDA growth (25%).
Marcus Corp Q3 revenue $208.8M (+13.7%), EPS $0.32 (+220%) on strong movie slate and hotel demand
Net earnings $12.2M ($0.32 diluted EPS) vs $3.3M ($0.10) a year ago; operating income $20.9M up 134%.
Marcus Corp. enters $225M revolving credit facility maturing Oct 2028, revises covenants
New five-year $225M revolver matures Oct 16, 2028; interest rates tied to net leverage ratio.
Marcus Corp Q2 revenue up 4.3% to $207M; EPS rises 45.8% to $0.35
Operating income grew 10.1% to $20.8M; net earnings up 50.3% to $13.5M.
Thomas F. Kissinger elected to Marcus Corp board; retains officer roles
Board increased to ten members; elected Thomas F. Kissinger as director effective July 31, 2023.
Marcus Corp shareholders elect all 10 board nominees, approve say-on-pay and auditor
Each director nominee received at least 91.73% of votes cast (broker non-votes excluded).
Stephen H. Marcus retires as chairman; Gregory S. Marcus named chairman effective immediately
Stephen H. Marcus voluntarily retired from Board (since 1969) and chairman (since 1991), effective May 23, 2023; no disagreement cited.
Marcus Corp postpones 2023 annual meeting to May 23 due to COVID cases
Chairman Stephen H. Marcus and CEO Gregory S. Marcus contracted mild COVID and cannot attend May 11 meeting.
Marcus Corp Q1 revenue up 15% to $152.3M; net loss narrows to $0.31/share from $0.48
Total revenues $152.3M (+15.1% YoY); net loss attributable $9.5M ($0.31 diluted) vs $14.9M ($0.48) prior year.
Marcus Corp appoints Austin M. Ramirez as independent director
Austin M. Ramirez elected to board on March 1, 2023, filling vacancy from passing of David Baum.
Marcus Corp reports Q4 loss, full-year revenue up 48%; Hotels record Adj. EBITDA
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.
Marcus Corp Q3 revenues up 26% to $183.7M; hotel division surpasses pre-pandemic 2019 levels
Net earnings of $3.3M ($0.10 diluted EPS) vs $1.8M ($0.06) in prior-year quarter.
Marcus Theatres CEO Rolando B. Rodriguez to retire Oct 1, 2022; Mark Gramz promoted to President
Rolando B. Rodriguez retires as EVP of Marcus Corp and Chairman/President/CEO of Marcus Theatres effective Oct 1, 2022.
Marcus Corp Q2 revenue $198.6M (+114.5% YoY); EPS $0.24 vs -$0.76; dividend reinstated
Net earnings of $9.0M vs loss of $23.4M YoY; operating income $18.9M vs loss of $26.1M.
Board member David Baum dies in car accident; seat left vacant
David Baum, board member since Feb 2016, died in a car accident on May 19, 2022.
Marcus Corp adopts amended director compensation plan; shareholders elect all ten nominees
Annual non-employee director cash retainer remains $25,000; meeting fee $5,500.
Marcus Corp Q1 revenue $132.2M, net loss $14.9M from $28.1M; both divisions outperform industry
Total revenues $132.2M vs $50.8M YoY; net loss $14.9M ($0.48/diluted share) vs $28.1M ($0.93) prior year.
Marcus Corp reports Q4 net income $6.4M vs loss $39.0M; full-year Adj EBITDA $35.1M
Q4 revenue $169.0M (vs $36.7M); EPS $0.18 vs loss $1.29; second consecutive profitable quarter.
Marcus Corp CFO Douglas Neis to retire May 15, 2022; Chad Paris named successor
Douglas Neis retires as EVP/CFO after 36 years; Chad Paris promoted to CFO effective May 15, 2022.
Marcus Corp returns to profitability in Q3 fiscal 2021; EPS $0.06 vs -$1.30 YoY
Net income $1.759M vs loss $39.44M; diluted EPS $0.06 vs -$1.30.
Marcus Corp hires Chad Paris as corporate controller and treasurer
Paris will report to EVP/CFO Douglas A. Neis; effective October 21, 2021.
Marcus Corp Q2 net loss $0.76 per share; revenues $92.5M; positive cash flow in June
Net loss per diluted share $0.76 vs $0.89 loss in prior year; adjusted net loss per share $0.67 vs $1.40.
Mark A. Gramz informed The Marcus Corporation (the “Company”) of his intent to retire as the President of Marcus Theatres, effective as of March 31, 2026. Subsequently, on April 7, 2026, the Company announced that Mr. Gramz would instead retire on May 1, 2026 (the “Retirement Date”).
On July 31, 2023 the Board of Directors (the “Board”) of The Marcus Corporation (the “Company”) increased the size of the Board to ten members and voted to elect Thomas F. Kissinger, the Senior Executive Vice President, General Counsel and Secretary of the Company, as a new director.
The Company also announced on May 23, 2023 that Gregory S. Marcus will succeed Mr. Stephen Marcus as chairman of the Board effective as of the date thereof.
On May 23, 2023, The Marcus Corporation (the “Company”) announced that Stephen H. Marcus voluntarily retired from the Board of Directors (the “Board”) and as its chairman, effective as of the 2023 annual meeting of shareholders.
On March 1, 2023 the Board of Directors (the “Board”) of The Marcus Corporation (the “Company”) voted to elect Austin M. Ramirez as a new, independent director to fill a vacancy on the Board created by the untimely passing of former director David Baum.
Rolando B. Rodriguez will retire as Executive Vice President of the Company and Chairman, President, and Chief Executive Officer of Marcus Theatres effective as of October 1, 2022
Mark A. Gramz will be appointed as the President of Marcus Theatres effective as of the Retirement Date.
Douglas A. Neis will retire as Executive Vice President and Chief Financial Officer effective as of May 15, 2022
Chad Paris will be appointed as the Chief Financial Officer of the Company effective as of May 15, 2022
Max materiality 0.85 · Median 0.68 · Most common event earnings