Marcus announces Q3 earnings per share of 52 cents, surpassing consensus estimate of 41 cents.
Reports Q3 revenue $210.15M, consensus $207.04M. "Marcus Hotels & Resorts led the way during the third quarter of fiscal 2025, delivering revenue growth and overcoming a tough comparison to last year's third quarter, which significantly benefitted from the impact of the Republican National Convention in Milwaukee," said Gregory S. Marcus, chief executive officer of Marcus Corporation. "At Marcus Theatres, while several films performed well during the quarter, the absence of a breakout blockbuster hit movie and fewer family films resulted in a weaker box office. Looking ahead, the remainder of the year features several highly anticipated films, and the 2026 film slate is franchise heavy, including more family films. Our continued confidence in the underlying strength of both businesses resulted in spending $9 million to repurchase 0.6 million shares during the third quarter of fiscal 2025, with our Board of Directors authorizing the repurchase of up to 4.0 million additional shares. In the past four quarters, we are pleased to have returned more than $25 million to our shareholders."
