NYSE$MCS

The Marcus Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported significant improvement over the prior year, with both divisions outperforming their industries.

The Marcus Corporation reported significantly better results compared to the same period last year, with both divisions outperforming their respective industries, contributing to the third straight quarter of positive Adjusted EBITDA. Total revenues for the first quarter of fiscal 2022 were $132.2 million, compared to $50.8 million for the first quarter of fiscal 2021.

  • Total revenues for the first quarter of fiscal 2022 were $132.2 million, compared to total revenues of $50.8 million for the first quarter of fiscal 2021.
  • Operating loss was $16.8 million for the first quarter of fiscal 2022, compared to operating loss of $35.7 million for the prior year quarter.
  • Net loss attributable to The Marcus Corporation was $14.9 million for the first quarter of fiscal 2022, compared to net loss attributable to The Marcus Corporation of $28.1 million for the same period in fiscal 2021.
  • Adjusted EBITDA was $3.4 million for the first quarter of fiscal 2022, compared to a loss of $17.5 million for the prior year quarter.

Headline financials

Total Revenue

$132M

Previous: $50.8M+160.4%
EPS (adj)

-$0.48

Previous: -$0.96+50.0%
Adjusted EBITDA

$3.35M

No prior period
Capital Expenditures

-$6.56M

Previous: -$1.53M-330.3%
Free Cash Flow

-$21.5M

Previous: -$29.7M+27.6%
Net Income

-$14.9M

Previous: -$28.1M+47.0%
Operating Income

-$16.8M

Previous: -$35.7M+52.9%
Gross Profit

$132M

Previous: $50.8M+160.4%
Cash & Equivalents

$19.4M

Previous: $6.01M+223.1%
Total Assets

$1.14B

Previous: $1.23B-7.1%

Revenue & EPS history

Marcus · Revenue · Quarterly

$132M

Q1 2022+160.4%vs Q1 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Marcus · $52.7M total across 1 segment · Q1 2022

  • Marcus Hotels & Resorts
    $52.7M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.8%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.8%

Avg return

30 days after

57%

34 / 60 earnings

Positive

+20.1%

Q3 2024

Best reaction

-11.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.2%-4.4%-0.6%
Q4 2025+3.2%+8.3%+4.7%
Q3 2025-0.5%+9.9%+18.1%
Q1 2025-1.1%+3.4%+4.5%
Q4 2024-11.2%-17.4%-20.6%
Q3 2024+20.1%+25.0%+31.9%
Q2 2024+4.6%+2.1%+12.4%
Q1 2024-9.2%-14.3%-18.8%
Q4 2023-3.0%-2.6%-3.6%
Q3 2023-1.5%-0.6%-8.9%
Q2 2023+3.3%+4.8%-3.4%
Q1 2023-5.4%-9.7%-10.9%
Q4 2022+0.1%+0.1%+0.1%
Q3 2022+3.4%+5.6%+12.7%
Q2 2022+5.2%+6.8%-6.1%
Q1 2022-7.8%-8.0%-1.8%
Q4 2021-0.1%-4.5%-3.7%
Q3 2021+3.5%+8.0%-8.7%
Q2 2021+2.6%-1.9%-3.2%
Q1 2021-2.4%-3.3%+14.1%
Q4 2020+3.9%+6.8%-1.0%
Q3 2020+2.6%+7.4%+48.6%
Q2 2020-0.3%+1.2%+19.0%
Q1 2020-11.5%-5.9%+17.9%
Q4 2019+2.0%-8.1%-65.9%
Q3 2019-2.7%-0.9%-15.5%
Q2 2019+5.4%+5.6%+0.4%
Q1 2019-1.7%-3.0%-7.5%
Q4 2018+4.1%+2.9%-4.7%
Q3 2018-5.3%-5.5%+2.0%
Q2 2018+12.1%+18.1%+20.1%
Q1 2018-2.4%-2.1%+2.6%
Q4 2017+4.0%+3.4%+12.5%
Q3 2017-0.6%+1.7%+4.1%
Q2 2017-1.3%-4.3%-8.4%
Q1 2017+1.7%-0.3%+0.9%
Q4 2016+7.4%+5.1%+4.2%
Q3 2016+4.3%+4.7%+24.7%
Q2 2016+3.0%+3.6%+8.0%
Q1 2016+0.2%
Q2 2015-1.5%
Q4 2015-1.4%
Q3 2015+1.0%
Q2 2014+2.1%
Q3 2014+9.7%
Q4 2013+0.2%
Q2 2013+0.1%
Q3 2013+3.1%
Q4 2012+1.7%
Q3 2012+0.9%
Q2 2012+1.3%
Q1 2012-2.5%
Q4 2011+1.3%
Q3 2011+13.6%
Q2 2011-1.0%
Q1 2011-0.2%
Q4 2010-2.5%
Q3 2010+7.7%
Q2 2010-8.6%
Q1 2009+1.3%

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