Marcus Corp Reports Highest Quarterly Revenue in History on Record Theatre and Hotel Performance

The Marcus Corporation (NYSE: MCS) reported its financial results for the third quarter ended September 30, 2026, in a press release furnished with its Form 8-K. The company announced that total revenues for the third quarter of 2026 reached $237.8 million, representing a 13.1% increase compared to the $210.2 million reported for the same period in fiscal 2025. This marked the highest quarterly revenue in the company's history.

Operating income for the quarter was $30.3 million, a 33.2% improvement over the prior year's $22.7 million. Net earnings for the quarter were $18.8 million, up 15.6% from $16.2 million in the prior year. Earnings per diluted common share increased to $0.60 from $0.52 in the third quarter of fiscal 2025. The company also reported Adjusted EBITDA of $49.1 million, a 21.5% increase from $40.4 million in the prior year.

Both of the company's divisions reported record third-quarter revenue. Marcus Theatres generated $145.0 million in total theatre revenue, a 20.9% increase over the prior year and a record for any third quarter. The division's operating income was $22.2 million, a $9.9 million improvement from the prior year. The division benefited from strong summer box office performance, including the films Spider-Man: Brand New Day and The Odyssey, which were the top-performing domestic films of all time. Same-store attendance increased 16.8% and average ticket prices rose 4.3%.

Marcus Hotels & Resorts reported total revenues before cost reimbursements of $82.0 million, a record for any third quarter and a 2.0% increase over the prior year. Revenue per available room (RevPAR) at owned hotels increased 2.1% due to higher average daily rates. However, operating income and Adjusted EBITDA were negatively impacted by increased repair expenses and lost revenue due to severe storm damage at one property.

For the first three quarters of 2026, total revenues were $623.9 million, a 10.4% increase from the prior year's $565.0 million. Net earnings for the period were $19.2 million, a 185.8% increase from $6.7 million in the prior year.