Slide 1: Change in Fiscal Year End
Change in Fiscal Year End February 24, 2016
Slide 2: Special Note Regarding Forward Looking Statements
Special Note Regarding Forward Looking Statements 2 Certain matters discussed in this Presentation are “forward - looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward - looking statements may ge
Slide 3: Transitioning Fiscal Year End from May to December
Transitioning Fiscal Year End from May to December • The Marcus Corporation (MCS) changed its fiscal year end from the last Thursday in May to the last Thursday in December. – Better aligns the company’s financial reporting schedule with the peer groups in its industries. – Moves the company’s year
Slide 4: Transitioning Fiscal Year End from May to December
Transitioning Fiscal Year End from May to December • On February 24, 2016, the company reported its results for the 31 - week transition period from May 29, 2015 to December 31, 2015 ( the “Transition Period”), consisting of two 13 - week periods ended on August 27, 2015 and November 26, 2015 and a
Slide 5: Impact of Extra Week
Impact of Extra Week 5 • The T ransition P eriod benefited from an additional 31 st week of operations compared to the prior year 30 - week period. This additional week included the traditionally strong week for movie theatres between Christmas and New Year’s Eve. • The company estimates that the 31
Slide 6: Comparative Financial Information
Comparative Financial Information 6 • The company has prepared the following unaudited financial information to assist investors in evaluating the impact the change in fiscal year may have on its future quarterly and annual operating results : – Consolidated Statements of Earnings for the 52 weeks E