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Stock impact report

The Marcus Corporation Reports First Quarter Fiscal 2024 Results

Marcus Corporation (The) (MCS) 
Last marcus corporation (the) earnings: 2/20 07:45 am Check Earnings Report
US:NYSE Investor Relations: investors.marcuscorp.com/node/5806
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2024 ended March 28, 2024.“Marcus Hotels & Resorts led our results for the quarter as our group business continued to grow significantly. As we head into the summer travel and convention season in our markets, we are well positioned to capture both leisure and group business across our portfolio, particularly at our newly renovated properties,” said Gregory S. Marcus, chief executive officer of The Marcus Corporation. “As anticipated, the shutdown in movie production due to the 2023 Hollywood labor strikes resulted in a weaker film slate that negatively impacted Marcus Theatres’ first quarter fiscal 2024 results. While we expect the impact from the strikes to continue in the second quarter, there are a number of exciting films on the horizon this summer with an improving film slate expected this fall.”First Quarter Fiscal 2024 HighlightsTotal revenues for the first qu Show less Read more
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