Marcus Corporation

Hunter Hotel Investment Conference Marks Its 35th Year by Honoring Bob Hunter, Founder, with the 2024 Hunter Conference Award for Excellence and Inspiration

Retrieved on: 
Wednesday, February 7, 2024

The Hunter Hotel Investment Conference (“HUNTER” or “Hunter Conference”) is pleased to present Bob Hunter, Founder of Hunter Hotel Advisors and Hunter Conference, with the 2024 Hunter Conference Award for Excellence and Inspiration.

Key Points: 
  • The Hunter Hotel Investment Conference (“HUNTER” or “Hunter Conference”) is pleased to present Bob Hunter, Founder of Hunter Hotel Advisors and Hunter Conference, with the 2024 Hunter Conference Award for Excellence and Inspiration.
  • Upon receiving a call from a lender in need of selling a foreclosed hotel, Hunter ended up marking his first of many hotel transactions.
  • Discovering his passion for working on hotel deals, Hunter established Hunter Hotel Advisors in 1978 in his hometown of Atlanta.
  • Teague and Lee Hunter will present Bob Hunter with the Hunter Conference Award for Excellence and Inspiration on Wednesday, March 20, 2024, at 10:00 a.m. EDT.

The Marcus Corporation Announces New Corporate Headquarters in Milwaukee

Retrieved on: 
Monday, November 13, 2023

The Marcus Corporation (NYSE: MCS) announced today that it will be relocating and expanding its corporate and divisional headquarters to the Associated Bank River Center located at 111 East Kilbourn Avenue in Milwaukee.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) announced today that it will be relocating and expanding its corporate and divisional headquarters to the Associated Bank River Center located at 111 East Kilbourn Avenue in Milwaukee.
  • “For more than 70 years, The Marcus Corporation has called downtown Milwaukee home,” said Gregory S. Marcus, chief executive officer of The Marcus Corporation.
  • As a result, we’re delighted to welcome The Marcus Corporation and its employees to our world-class facility.”
    Approximately 200 Marcus Corporation, Marcus Hotels & Resorts, and Marcus Theatres corporate associates will be based at 111 East Kilbourn Avenue.
  • The Milwaukee office of CBRE served as an advisor to The Marcus Corporation on its search for a new corporate headquarters, while Colliers represented Associated Bancorp.

The Marcus Corporation Declares Quarterly Dividend

Retrieved on: 
Wednesday, November 8, 2023

Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.07 per share of common stock.

Key Points: 
  • Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.07 per share of common stock.
  • The dividend will be paid December 15, 2023, to shareholders of record on November 27, 2023.
  • The Board of Directors also declared a dividend of $0.064 per share on the Class B common stock.
  • The dividend on the Class B common stock, which is not publicly traded, will also be paid December 15, 2023, to shareholders of record on November 27, 2023.

The Marcus Corporation Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

The Marcus Corporation (NYSE: MCS) today reported results for the third quarter fiscal 2023 ended September 28, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the third quarter fiscal 2023 ended September 28, 2023.
  • “It was another strong quarter for The Marcus Corporation, with growth in revenue, operating income, net earnings and Adjusted EBITDA during the third quarter of fiscal 2023,” said Gregory S. Marcus, chairman, president and chief executive officer of The Marcus Corporation.
  • Revenue, operating income and Adjusted EBITDA for Marcus Theatres improved significantly in the third quarter and first three quarters of fiscal 2023 compared to the same periods in fiscal 2022.
  • The division reported Adjusted EBITDA of $26.7 million in the third quarter of fiscal 2023, an increase of 114.3% compared to the third quarter of fiscal 2022.

The Marcus Corporation Announces Third Quarter Fiscal 2023 Release Date and Conference Call

Retrieved on: 
Monday, October 23, 2023

The Marcus Corporation (NYSE: MCS) today announced it will report results for the third quarter of fiscal 2023 prior to the stock market open on Wednesday, November 1, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today announced it will report results for the third quarter of fiscal 2023 prior to the stock market open on Wednesday, November 1, 2023.
  • The release will be followed by a conference call at 10:00 a.m. Central/11:00 a.m. Eastern time.
  • A telephone replay of the conference call will be available through Wednesday, November 8, 2023, by dialing 1-866-813-9403 and entering passcode 473940.
  • The webcast will be archived on the company’s website until its next earnings release.

Marcus Hotels & Resorts’ Properties Earn High Honors in Condé Nast Traveler Readers’ Choice Awards

Retrieved on: 
Thursday, October 5, 2023

Marcus® Hotels & Resorts , a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that four of its owned and/or managed properties have been recognized as top hotels by the 2023 Condé Nast Traveler’s annual Readers’ Choice Awards .

Key Points: 
  • Marcus® Hotels & Resorts , a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that four of its owned and/or managed properties have been recognized as top hotels by the 2023 Condé Nast Traveler’s annual Readers’ Choice Awards .
  • “We are honored that four of our properties were recognized as some of the best hotels in the United States by the sophisticated travelers and readers of Condé Nast Traveler,” said Michael Evans, president of Marcus Hotels & Resorts.
  • “These properties earned top honors in their respective categories, highlighting just how special each hotel truly is in its region.
  • Every year, this awards program proves that travelers understand the incredible service and extraordinary experiences that are offered at Marcus Hotels & Resorts properties across the country.

Swarm the Theatres! Renaissance: A Film by Beyoncé Coming to Marcus Theatres

Retrieved on: 
Monday, October 2, 2023

Run the World (Girls) summer continues throughout fall as Beyoncé plans to celebrate her sold-out Renaissance World Tour on the big screen at Marcus Theatres® , a division of The Marcus Corporation (NYSE: MCS).

Key Points: 
  • Run the World (Girls) summer continues throughout fall as Beyoncé plans to celebrate her sold-out Renaissance World Tour on the big screen at Marcus Theatres® , a division of The Marcus Corporation (NYSE: MCS).
  • “We’re thrilled that Beyoncé is bringing 'Renaissance: A Film by Beyoncé' to movie theatres so more fans can celebrate her groundbreaking tour,” said Mark Gramz, president of Marcus Theatres.
  • Fans can see the film on premium large-format screens, like UltraScreens and SuperScreens, with Dolby Atmos speakers for superior sound quality.
  • Get your Beyoncé plans in formation today and reserve your spot at marcustheatres.com/Beyonce or on the Marcus Theatres app.

Ken Thewes Joins Marcus Theatres® as Senior Vice President of Marketing

Retrieved on: 
Thursday, September 28, 2023

Marcus Theatres® , a division of The Marcus Corporation (NYSE:MCS), announced today that industry veteran Ken Thewes has been appointed senior vice president of marketing.

Key Points: 
  • Marcus Theatres® , a division of The Marcus Corporation (NYSE:MCS), announced today that industry veteran Ken Thewes has been appointed senior vice president of marketing.
  • Most recently, Thewes was the chief marketing officer for Regal Cinemas.
  • View the full release here: https://www.businesswire.com/news/home/20230927243816/en/
    Ken Thewes, senior vice president of marketing at Marcus Theatres (Photo: Business Wire)
    “Whether avid moviegoers or entirely new audiences, people are flocking to theatres for unique entertainment experiences,” said Mark Gramz, president of Marcus Theatres.
  • “Ken has a long history in reaching audiences not only in movie exhibition, but across hospitality and entertainment.

CJ 4DPLEX and Marcus Theatres® Extend Partnership With Marcus's First-Ever ScreenX Location

Retrieved on: 
Monday, September 18, 2023

HOLLYWOOD, Calif., Sept. 18, 2023 /PRNewswire/ -- CJ 4DPLEX, the world's leading producer of premium film formats and cinema technologies, and Marcus Theatres®, a division of The Marcus Corporation (NYSE: MCS) and the fourth largest exhibitor in the U.S., announced today they have opened the first-ever ScreenX auditorium in the State of Wisconsin. The new immersive, 270-degree panoramic ScreenX theatre is open at the Marcus Ridge Cinema in New Berlin, Wisconsin, in time for 20th Century Studios' "The Creator," opening on September 29th.

Key Points: 
  • This marks the second CJ 4DPLEX location for Marcus Theatres, with the first being the multi-sensory 4DX format at Marcus Gurnee Mills Cinema.
  • "Our ongoing partnership with Marcus Theatres aligns perfectly with this vision, and the opening of the Marcus Ridge Cinema ScreenX auditorium further solidifies our commitment to delivering cutting-edge entertainment."
  • "CJ 4DPLEX has been an exceptional partner for us, and we are delighted to expand our collaboration with the introduction of ScreenX at our Marcus Ridge Cinema location," stated Gregory S. Marcus, Chairman, President, and CEO of The Marcus Corporation.
  • Added JongRyul Kim, CEO, CJ 4DPLEX, "We're honored to continue our partnership with Marcus Theatres and bring the immersive cinematic experience of ScreenX to even more audiences.

CJ 4DPLEX and Marcus Theatres® Extend Partnership With Marcus's First-Ever ScreenX Location

Retrieved on: 
Monday, September 18, 2023

HOLLYWOOD, Calif., Sept. 18, 2023 /PRNewswire/ -- CJ 4DPLEX, the world's leading producer of premium film formats and cinema technologies, and Marcus Theatres®, a division of The Marcus Corporation (NYSE: MCS) and the fourth largest exhibitor in the U.S., announced today they have opened the first-ever ScreenX auditorium in the State of Wisconsin. The new immersive, 270-degree panoramic ScreenX theatre is open at the Marcus Ridge Cinema in New Berlin, Wisconsin, in time for 20th Century Studios' "The Creator," opening on September 29th.

Key Points: 
  • This marks the second CJ 4DPLEX location for Marcus Theatres, with the first being the multi-sensory 4DX format at Marcus Gurnee Mills Cinema.
  • "Our ongoing partnership with Marcus Theatres aligns perfectly with this vision, and the opening of the Marcus Ridge Cinema ScreenX auditorium further solidifies our commitment to delivering cutting-edge entertainment."
  • "CJ 4DPLEX has been an exceptional partner for us, and we are delighted to expand our collaboration with the introduction of ScreenX at our Marcus Ridge Cinema location," stated Gregory S. Marcus, Chairman, President, and CEO of The Marcus Corporation.
  • Added JongRyul Kim, CEO, CJ 4DPLEX, "We're honored to continue our partnership with Marcus Theatres and bring the immersive cinematic experience of ScreenX to even more audiences.