MARCUS

The Marcus Corporation Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, May 2, 2024
Entertainment, Other Entertainment, Film & Motion Pictures, Transport, Lodging, Travel, Other Transport, MCS, Total, Robinson Park, Fall Guy, Internet, Despise, A Quiet Place, Sonic, Depreciation, The Pfister Hotel, Holiday, RevPAR, Folie à Deux (album), Webcast, Marcus Corporation, Inside Out (2015 film), Interest, WGA, The Fall Guy, Water, Acquisition, Operating cost, Food, Collection, Value, Adjustment, Republican National Convention, The Lion King, GAAP, Deadpool, Video game

The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2024 ended March 28, 2024.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2024 ended March 28, 2024.
  • Adjusted EBITDA was $2.3 million for the first quarter of fiscal 2024, compared to Adjusted EBITDA of $9.5 million for the prior year quarter.
  • Revenues before cost reimbursements increased 3.8% during the first quarter of fiscal 2024 compared to the first quarter of fiscal 2023.
  • Revenue per available room, or RevPAR, increased 2.1% during the first quarter of fiscal 2024 compared to the prior year first quarter, resulting in Marcus Hotels & Resorts outperforming its competitive sets by 2.0 percentage points during the first quarter of fiscal 2024.

Shannon Bona of Graystone Capital Advisors Has Been Promoted to First Vice President

Retrieved on: 
Thursday, April 11, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Corporation, Sale, Real estate, Marcus & Millichap, Rookie, Graystone Ballroom, Villanova University, Multimedia, Broker, Growth, Financial services

Graystone Capital Advisors, a leading investment sales brokerage, has promoted Shannon Bona to First Vice President.

Key Points: 
  • Graystone Capital Advisors, a leading investment sales brokerage, has promoted Shannon Bona to First Vice President.
  • Shannon joined Graystone Capital Advisors in 2021 and since has been a top producing agent in the firm.
  • With over a decade of experience, she has closed nearly $1 Billion in commercial sales during her career.
  • "We are very excited to see Shannon hit this milestone," adds Brenton Baskin, Managing Director at Graystone.

Banking heavyweight Markus Sauerland, former CEO of Nomura Financial Products Europe GmbH, joins NowCM as COO and Co-CEO

Retrieved on: 
Tuesday, April 23, 2024
University, CFO, Capital market, Business development, Deutsche Bank, Business, Nomura, Senior advisor, Economics, Management

Stationed in Frankfurt am Main, Markus brings over thirty years of global expertise in banking and capital markets to his new role at NowCM.

Key Points: 
  • Stationed in Frankfurt am Main, Markus brings over thirty years of global expertise in banking and capital markets to his new role at NowCM.
  • Renowned for his leadership acumen, Markus has a distinguished track record of spearheading organizational growth and enhancing operational efficiency in complex financial environments.
  • Professional Background of Markus Sauerland:
    In 2019, Markus Sauerland was appointed Chief Operating Officer at Nomura Financial Products Europe GmbH, tasked with launching and leading the newly established European investment firm.
  • His leadership and strategic vision led to his promotion in 2022 as CEO and Chairman of the Management Board.

Banking heavyweight Markus Sauerland, former CEO of Nomura Financial Products Europe GmbH, joins NowCM as COO and Co-CEO

Retrieved on: 
Tuesday, April 23, 2024
University, CFO, Capital market, Business development, Deutsche Bank, Business, Nomura, Senior advisor, Economics, Management

Stationed in Frankfurt am Main, Markus brings over thirty years of global expertise in banking and capital markets to his new role at NowCM.

Key Points: 
  • Stationed in Frankfurt am Main, Markus brings over thirty years of global expertise in banking and capital markets to his new role at NowCM.
  • Renowned for his leadership acumen, Markus has a distinguished track record of spearheading organizational growth and enhancing operational efficiency in complex financial environments.
  • Professional Background of Markus Sauerland:
    In 2019, Markus Sauerland was appointed Chief Operating Officer at Nomura Financial Products Europe GmbH, tasked with launching and leading the newly established European investment firm.
  • His leadership and strategic vision led to his promotion in 2022 as CEO and Chairman of the Management Board.

Santander Names Swati Bhatia Head of Retail Banking and Transformation

Retrieved on: 
Wednesday, March 27, 2024
Finance, Banking, Other Retail, Retail, Professional Services, Risk management, Growth, Goldman Sachs, Capital One, Risk, Fortune (magazine), Stripe, Transformation, Santander Bank, Banco Santander, Commercial bank, PayPal, Marketing

(“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.

Key Points: 
  • (“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.
  • Bhatia reports to Tim Wennes, Santander Bank CEO and Santander US country head, and to Daniel Barriuso, global head of Retail and Commercial Banking and Group Transformation.
  • “Santander is a respected and innovative global banking leader, and I am excited to be joining the Retail Bank business at this pivotal moment of transformation and growth.
  • Santander’s globally connected technology platforms and depth of digital expertise provides a competitive advantage and positions the business for profitable growth in the U.S. market,” said Swati Bhatia, head of Retail Banking and Transformation in the U.S.

Marcus Wolter Joins Caldwell as Partner and Global Director of Corporate Practice

Retrieved on: 
Wednesday, March 13, 2024
Harvard Law School, Partner, Life, Knowledge, IP, M&A, Tech, Humboldt University of Berlin

BOSTON, March 13, 2024 /PRNewswire/ -- Caldwell , the go-to legal partner for innovative, high-growth technology and life sciences companies, has expanded its award-winning IP practice by naming Marcus Wolter as its partner and global director of its Corporate Practice.

Key Points: 
  • BOSTON, March 13, 2024 /PRNewswire/ -- Caldwell , the go-to legal partner for innovative, high-growth technology and life sciences companies, has expanded its award-winning IP practice by naming Marcus Wolter as its partner and global director of its Corporate Practice.
  • "I am excited to join Caldwell as the Partner and the Global Director of Corporate Practice.
  • Working so closely with our best-in-class IP and IP litigation teams on every project creates incredible insights and efficiencies for our clients," said Marcus Wolter.
  • He has extensive knowledge of helping major companies in various industries with their acquisitions," said Keegan Caldwell, Global Managing Partner.

The Marcus Corporation Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Film & Motion Pictures, Lodging, General Entertainment, Entertainment, Travel, Acquisition, Inside Out (2015 film), Ballad, Total, Internet, The Pfister Hotel, Super Mario, Marcus Corporation, Deadpool, Folie à Deux (album), The Eras Tour, Interest, Ghostbusters, Sonic, Growth, Beekeeper, Loss, Sale, Republican National Convention, RevPAR, The Hunger Games, Adjustment, Wonka, Food, Sport, Despise, A Quiet Place, GAAP, Comparable, Rest, Songbird, Webcast, Mean Girls, Fall Guy, Hunger, Galaxy, The Lion King, WGA, MCS, Depreciation, Video game

The Marcus Corporation (NYSE: MCS) today reported results for the fourth quarter and fiscal year 2023 ended December 28, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the fourth quarter and fiscal year 2023 ended December 28, 2023.
  • Net loss per diluted common share attributable to The Marcus Corporation was $0.05 for the fourth quarter of fiscal 2023, compared to a net loss per diluted common share attributable to The Marcus Corporation of $0.30 for the fourth quarter of fiscal 2022.
  • Net earnings attributable to The Marcus Corporation was $14.8 million for fiscal 2023, compared to net loss attributable to The Marcus Corporation of $12.0 million for fiscal 2022.
  • Same store admission revenues for the fourth quarter of fiscal 2023 increased 4.1% compared to the fourth quarter of fiscal 2022.

The Marcus Corporation Announces New Corporate Headquarters in Milwaukee

Retrieved on: 
Monday, November 13, 2023
Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, Destinations, Travel, Sale, Marcus Corporation, NYSE, Associated Bank River Center, Tourism, Lancaster Arts Hotel, Shops at Rivercenter, Associated Banc-Corp, CBRE, Collier, Workplace, MCS, Interior design

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.

Are You Ready for It? Marcus Theatres Adds New Showtimes to Meet Demand for Taylor Swift: The Eras Tour Concert Film

Retrieved on: 
Tuesday, September 12, 2023
Film & Motion Pictures, Events, Concerts, General Entertainment, Entertainment, Celebrity, Atmos, Season, Marcus Corporation, Food, Travel, Life, Come, Lincoln Center, Metropolitan Opera, O2, The Eras Tour, Metallica, Sale, Lincoln, River Plate, Dream, Golden hour, Red Rocks Amphitheatre, Eras, IMAX, MCS, Dolby Atmos, NYSE, Music

“Taylor Swift’s announcement that she is bringing the Eras Tour to theatres certainly has made sparks fly at the box office,” said Mark Gramz, president of Marcus Theatres.

Key Points: 
  • “Taylor Swift’s announcement that she is bringing the Eras Tour to theatres certainly has made sparks fly at the box office,” said Mark Gramz, president of Marcus Theatres.
  • While we regularly offer concert series as part of the Marcus moviegoing experience, Taylor Swift: The Eras Tour concert film will be an enchanted experience unlike any other.”
    To date, 71% of ticket sales sold for Taylor Swift: The Eras Tour concert film have been for premium large-format screens, like UltraScreens, SuperScreens and IMAX screens.
  • In addition to the Eras Tour, Marcus Theatres is excited to be debuting IU: the Golden Hour and K-LOVE Live at Red Rocks this fall.
  • Reserve your spot to see Taylor Swift: The Eras Tour concert film at marcustheatres.com/TaylorSwift or on the Marcus Theatres app.

Luno Announces Leadership Transition

Retrieved on: 
Wednesday, March 22, 2023
Cryptocurrency, Blockchain, Professional Services, Technology, Fintech, Operation, Customer success, Partnership, Lanigan, Marketing, Bookatable, Michelin, Digital Currency Group, TheFork Australia, Swanepoel, Acquisition, Growth, Commercial, DCG, Country, Luno

Luno, a leading cryptocurrency wallet and exchange serving customers across 40 countries, today announced a series of strategic initiatives to position the company for its next phase of growth.

Key Points: 
  • Luno, a leading cryptocurrency wallet and exchange serving customers across 40 countries, today announced a series of strategic initiatives to position the company for its next phase of growth.
  • “With James at the helm and strategic partnership from Marcus in his new role as Executive Chairman, we look forward to supporting Luno in its ambitious and continued growth journey.”
    Luno is a wholly owned investment of DCG.
  • As one of the most preeminent digital asset investors, DCG acquired Luno in 2020 post their Series B funding round and after first investing in the company’s seed round in 2014.
  • Providing capital, strategic guidance, and other resources to evolve its business model, DCG supported Luno scaling to $100 million revenue with a 40 percent operating margin and more than 11 million wallets across 40 countries.