Welcome to our dedicated page for Marcus news (Ticker: MCS), a resource for investors and traders seeking the latest updates and insights on Marcus stock.
Marcus Corporation (NYSE: MCS), a leader in integrated entertainment and hospitality services since 1935, provides investors and industry observers with comprehensive news coverage through this dedicated hub. Track official press releases, financial disclosures, and strategic developments across the company's theatre operations and hotel/resort management divisions.
This resource centralizes critical updates including quarterly earnings reports, theatre expansion announcements, hospitality partnerships, and management team changes. Users gain insights into operational milestones across Marcus Theatres' multiplex locations and Marcus Hotels & Resorts' premium properties.
With updates spanning both entertainment and lodging sectors, stakeholders can monitor how MCS balances its diversified portfolio. The curated news flow supports informed analysis of market positioning while maintaining strict compliance with financial disclosure standards.
Bookmark this page for direct access to primary source materials and filtered industry coverage related to Marcus Corporation's dual-segment strategy in evolving consumer markets.
Marcus Theatres announced the launch of Everyday Matinee, offering $7 tickets for children 11 and under, and seniors 60 and over, for shows before 4 p.m., starting May 31.
This initiative aims to make moviegoing more affordable, especially for families and seniors. The program applies to all movies, including anticipated releases like Inside Out 2, Despicable Me 4, and Deadpool & Wolverine.
Everyday Matinee is part of Marcus Theatres' broader efforts to provide cost-saving options, such as Marcus Mystery Movie, Value Tuesday, and various Marcus Passports, which offer discounted tickets for multiple films.
Marcus Theatres operates 981 screens across 78 locations in 17 states, making it the fourth-largest theatre chain in the U.S.
The Marcus (NYSE: MCS) has announced a regular quarterly cash dividend of $0.07 per share of common stock, payable on June 26, 2024, to shareholders recorded by June 17, 2024. Additionally, a dividend of $0.064 per share will be paid on the Class B common stock, which is not publicly traded, also on June 26, 2024, to shareholders of record on June 17, 2024.
The Marcus , based in Milwaukee, is a notable player in the lodging and entertainment sectors, with considerable real estate holdings. Their theatre division, Marcus Theatres, is the fourth largest in the U.S., operating 993 screens across 79 locations in 17 states. The lodging division, Marcus Hotels & Resorts, owns or manages 16 properties in eight states.
The Marcus (NYSE: MCS), a leader in the lodging and entertainment industries, announced participation in three upcoming investor conferences. CFO Chad M. Paris will attend the 24th Annual B. Riley Securities Institutional Investor Conference on May 22, 2024, in Beverly Hills, CA. CEO Gregory S. Marcus and Paris will attend the 16th Annual Gabelli Funds Media & Entertainment Symposium on June 6, 2024, in New York, and the NYSE's 2024 Consumer Virtual Investor Access Day the same day. These events will feature presentations and meetings with senior management from over 200 companies.
The Marcus (NYSE: MCS) will be holding its virtual Annual Shareholders’ Meeting on May 23, 2024, to provide improved accessibility for shareholders. Shareholders can vote online, by mail, or by phone prior to the meeting. The company's proxy materials are available online for shareholders. The meeting will include a Q&A session and a live audio webcast for attendees.
The Marcus (NYSE: MCS) reported results for Q1 fiscal 2024. Hotels & Resorts performed well, but Theatres saw a decline due to Hollywood labor strikes. Total revenues were $138.5M, down 9.0% YoY. Operating loss was $16.7M. Net loss was $11.9M. Adjusted EBITDA was $2.3M. Hotels & Resorts outperformed. Marcus Theatres reported revenue of $81.3M, down from $96.4M. Operating loss was $5.7M. Average ticket price increased. The company remains financially strong with $237.4M in cash.
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