MARCUS CORP
For the period ended Jun 27, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 27, 2024 · Filed Aug 1, 2024
MCS$27.20+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings (Loss)
(in thousands, except per share data)
| 13 Weeks Ended | 26 Weeks Ended | |||
|---|---|---|---|---|
| June 27,2024 | June 29,2023 | June 27,2024 | June 29,2023 | |
| Revenues: | ||||
| Theatre admissions | $48,580 | $68,987 | $89,176 | $116,622 |
| Rooms | 30,496 | 28,646 | 48,709 | 46,503 |
| Theatre concessions | 44,417 | 59,707 | 79,112 | 102,082 |
| Food and beverage | 19,272 | 18,573 | 35,435 | 33,766 |
| Other revenues | 22,534 | 21,428 | 42,236 | 41,116 |
| 165,299 | 197,341 | 294,668 | 340,089 | |
| Cost reimbursements | 10,733 | 9,666 | 19,911 | 19,194 |
| Total revenues | 176,032 | 207,007 | 314,579 | 359,283 |
| Costs and expenses: | ||||
| Theatre operations | 52,118 | 66,905 | 97,103 | 117,974 |
| Rooms | 11,164 | 10,360 | 20,575 | 19,638 |
| Theatre concessions | 18,515 | 22,601 | 33,401 | 38,331 |
| Food and beverage | 15,080 | 14,451 | 28,943 | 28,019 |
| Advertising and marketing | 6,502 | 5,613 | 11,803 | 10,678 |
| Administrative | 22,630 | 19,466 | 44,032 | 39,317 |
| Depreciation and amortization | 16,699 | 15,994 | 32,714 | 31,870 |
| Rent | 6,496 | 6,594 | 12,843 | 13,087 |
| Property taxes | 3,688 | 4,532 | 7,619 | 9,289 |
| Other operating expenses | 9,741 | 9,636 | 19,611 | 19,287 |
| (Gain) loss on disposition of property, equipment and other assets | (43) | 379 | (20) | 777 |
| Impairment charges | 472 | — | 472 | — |
| Reimbursed costs | 10,733 | 9,666 | 19,911 | 19,194 |
| Total costs and expenses | 173,795 | 186,197 | 329,007 | 347,461 |
| Operating income (loss) | 2,237 | 20,810 | (14,428) | 11,822 |
| Other income (expense): | ||||
| Investment income | 173 | 359 | 865 | 619 |
| Interest expense | (2,564) | (3,093) | (5,098) | (6,101) |
| Other income (expense) | (390) | (477) | (731) | (878) |
| Debt conversion expense | (13,908) | — | (13,908) | — |
| Equity losses from unconsolidated joint ventures | (50) | (31) | (437) | (202) |
| (16,739) | (3,242) | (19,309) | (6,562) | |
| Earnings (loss) before income taxes | (14,502) | 17,568 | (33,737) | 5,260 |
| Income tax expense (benefit) | 5,719 | 4,102 | (1,650) | 1,260 |
| Net earnings (loss) | $(20,221) | $13,466 | $(32,087) | $4,000 |
| Net earnings (loss) per share - basic: | ||||
| Common Stock | $(0.64) | $0.43 | $(1.03) | $0.13 |
| Class B Common Stock | $(0.58) | $0.39 | $(0.92) | $0.12 |
| Net earnings (loss) per share - diluted: | ||||
| Common Stock | $(0.64) | $0.35 | $(1.03) | $0.13 |
| Class B Common Stock | $(0.58) | $0.34 | $(0.92) | $0.12 |
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