The Marcus Corporation (NYSE: MCS) has reported its fourth-quarter and full-year fiscal 2025 results, showing significant improvements in various financial metrics. Here are the key highlights:
- Total revenues for the fourth quarter of fiscal 2025 were $193.5 million, a 2.8% increase from the same period in fiscal 2024.
- Operating income for the fourth quarter of fiscal 2025 was $1.7 million, compared to an operating loss of $2.2 million for the same period in fiscal 2024.
- Net earnings for the fourth quarter of fiscal 2025 were $6.0 million, significantly higher than the net earnings of $1.0 million for the same period in fiscal 2024.
- Adjusted EBITDA for the fourth quarter of fiscal 2025 was $26.8 million, marking a 3.6% increase from the prior year quarter.
For the full fiscal year 2025:
- Total revenues were $758.5 million, a 3.1% increase from fiscal 2024.
- Operating income for fiscal 2025 was $17.1 million, a 5.5% increase from fiscal 2024.
- Net earnings for fiscal 2025 were $12.7 million, a significant improvement from the net loss of $7.8 million in fiscal 2024.
- Adjusted EBITDA for the full year fiscal 2025 was $99.3 million, a 3.1% decrease from fiscal 2024.
Marcus Theatres: In the fourth quarter of fiscal 2025, total revenues were $123.8 million, a 2.2% increase over the same period in fiscal 2024. Operating income in the fourth quarter of fiscal 2025 was $7.7 million, compared to $3.3 million for the same period in fiscal 2024. * Adjusted EBITDA in the fourth quarter of fiscal 2025 was $24.1 million, a 1.9% increase compared to the fourth quarter of fiscal 2024.
Marcus Hotels & Resorts: Total revenues before cost reimbursements were $60.4 million in the fourth quarter of fiscal 2025, a 5.0% increase over the same period in fiscal 2024. Adjusted EBITDA was $7.3 million in the fourth quarter of fiscal 2025, an increase of 3.4% compared to the fourth quarter of fiscal 2024.
The market has reacted to these announcements by moving the company's shares -1.13% to a price of $15.75. Check out the company's full 8-K submission here.
