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The Marcus Corporation - $MCS STOCK NEWS

Welcome to our dedicated page for The Marcus Corporation news (Ticker: $MCS), a resource for investors and traders seeking the latest updates and insights on The Marcus Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Marcus Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Marcus Corporation's position in the market.

Rhea-AI Summary
The Marcus Corporation (MCS) is relocating and expanding its corporate and divisional headquarters to the Associated Bank River Center in Milwaukee, with a move planned for late spring or early summer 2024. The 52,000 square foot office space will be built to meet the company’s functional, design, and aesthetic specifications. The move follows the prior owner’s sale of the 100 East building, and the buyer’s planned conversion of the building from office to residential. The new location is near city attractions, including Marcus Hotels & Resorts’ Saint Kate – The Arts Hotel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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none
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Rhea-AI Summary
MCS: The Marcus Corporation Declares $0.07 Quarterly Cash Dividend on Common Stock. Board of Directors also declares $0.064 dividend on Class B common stock, payable on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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dividends
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Rhea-AI Summary
The Marcus Corporation reported strong results for the third quarter fiscal 2023, with growth in revenue, operating income, net earnings, and Adjusted EBITDA. Total revenues for the quarter were $208.8 million, a 13.7% increase from the same period last year. Operating income increased by 133.9% to $20.9 million, and net earnings increased by 272.0% to $12.2 million. Marcus Theatres saw significant improvement, with total revenues of $126.6 million, a 25.0% increase, and attendance growth of 15.6% at comparable same store theatres. Marcus Hotels & Resorts also performed well, with comparable hotels revenues before cost reimbursements increasing by 4.1% in the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
Rhea-AI Summary
The Marcus Corporation (NYSE: MCS) will report Q3 fiscal 2023 results on November 1, 2023, followed by a conference call. Participants can listen to the call live on the company's website or by dialing a specific number.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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-
Rhea-AI Summary
Marcus Hotels & Resorts properties recognized as top hotels by Condé Nast Traveler's Readers' Choice Awards
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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none
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Rhea-AI Summary
Beyoncé's sold-out Renaissance World Tour will be shown on the big screen at Marcus Theatres, starting December 1. Individual tickets start at $22, with private screenings beginning at $880.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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none
Rhea-AI Summary
Ken Thewes appointed as senior vice president of marketing at Marcus Theatres
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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none
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Rhea-AI Summary
CJ 4DPLEX and Marcus Theatres open the first-ever ScreenX auditorium in Wisconsin, offering a 270-degree panoramic view for an immersive movie-watching experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
partnership
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Rhea-AI Summary
Taylor Swift's Eras Tour concert film generates strong ticket sales at Marcus Theatres
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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none
Rhea-AI Summary
The Marcus Corporation executives will participate in two upcoming investor conferences on September 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
conferences
The Marcus Corporation

NYSE:MCS

MCS Rankings

MCS Stock Data

350.49M
23.22M
5.76%
121.24%
14.5%
Motion Picture Theaters (except Drive-Ins)
Information
Link
United States of America
MILWAUKEE

About MCS

the marcus corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the united states. as of march 17, 2020, it owned or operated 1,110 screens at 91 locations in 17 states under the marcus theatres, movie tavern by marcus, and bistroplex brands; and owned and managed 20 hotels, resorts, and other properties in eight states. the company also operates a family entertainment center under the funset boulevard name in appleton, wisconsin, as well as owns and operates a retail outlet under the name of ronnie's plaza. in addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development. the company was founded in 1935 and is headquartered in milwaukee, wisconsin.