Business

Marcus Corporation Reports First Quarter Fiscal 2025 Results

MILWAUKEE, May 06, 2025--The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2025 ended March 31, 2025.

articleMarcus Corporation (the)May 6, 202517/company/marcus-corporation/news/marcus-corporation-reports-first-quarter-114500096
Marcus Corporation Reports First Quarter Fiscal 2025 Results

About this update from Marcus Corporation (the)

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":360,"url":"https://media.zenfs.com/en/business-wire.com/e75394c98477af3e440eed148f264c8d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mB66jSjnA_WMwLZJK_YWOw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e75394c98477af3e440eed148f264c8d","width":480,"height":360}},"lazy":false},{"type":"text","content":"Company executes $7.1 million in share repurchases","length":50,"tagName":"p","attribs":{}},{"type":"text","content":"MILWAUKEE, May 06, 2025--(BUSINESS WIRE)--The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2025 ended March 31, 2025.","length":155,"tagName":"p"},{"type":"text","content":""While the first quarter box office was softer than expected, April got off to a strong start with the surprising yet fun-filled success of both A Minecraft Movie and Sinners, which reignited the box office setting records heading into the summer movie season. With a stronger slate of highly anticipated films just around the corner, we expect this excitement will continue throughout the remainder of the year," said Gregory S. Marcus, chief executive officer of Marcus Corporation. "In our hotel business, while the first quarter is seasonally our slowest, Marcus Hotels & Resorts again delivered relatively strong results, driven by continued growth in group business. Looking ahead to the busy summer travel and convention season, we expect to continue to benefit from strong bookings at our recently renovated hotels. We were also pleased to repurchase an additional $7.1 million of shares during the quarter, reflecting our continued confidence in both businesses and commitment to returning capital to shareholders."","length":1048,"tagName":"p"},{"type":"text","content":"First Quarter Fiscal 2025 Highlights","length":36,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenues for the first quarter of fiscal 2025 were $148.8 million, a 7.4% increase from total revenues of $138.5 million for the first quarter of fiscal 2024. Revenues were impacted by four additional operating days due to the previously announced change in the Company’s fiscal calendar as described ...

More updates from Marcus Corporation (the)

Marcus HotelsMarcus Corporationfiscal calendarGregory S. MarcusOperating loss