Page 20 - Greg Marcus News Today

Marcus Corp (MCS) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Marcus Corp (NYSE: MCS) Operator Good morning everyone and welcome to The Marcus Corporation Fourth Quarter Earnings Conference Call. My name is Liz and I will be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded. Joining us today are Greg Marcus, President and Chief Executive Officer; and Doug N...

Marcus Corp. lost $125 million in 2020 Expects to capitalize on pent-up demand as pandemic subsides Share Last updated on March 9th, 2021 at 11:23 am Milwaukee-based Marcus Corp. lost $124.8 million during fiscal 2020, which its CEO called the most challenging year in company history due to the COVID-19 pandemic. The hotel, movie theater and restaurant chain operator on Thursday reported total revenues of $237.7 million for fiscal 2020, down about 71% from fiscal 2019, when the company recorde...

Marcus Corp., which runs the fourth-largest movie theater circuit in the U.S., posted fourth-quarter results below Wall Street forecasts, but execs point to brighter days in the next few months. “If the film schedule holds,” CFO Doug Neis said during a conference call with analysts, “we have much higher hopes that we’re going to have […]

Provided by Dow Jones By Karen Langley An epic stock rally faces a key test in coming weeks as investors learn what executives expect for profits and revenues in coming periods. Fourth-quarter earnings season kicked off in earnest Friday with better-than-expected profits from some of the nations largest banks. Despite a record quarterly profit at JPMorgan Chase & Co. and some bright spots at Citigroup Inc. and Wells Fargo & Co., shares of all three declined, with ...

Jordano53/Wikimedia commons; Courtesy of Marcus Theatres. While shutdowns are saddling exhibition giants like AMC and Cinemark with rent expenses in addition to lost revenue, Marcus Theatres — the fourth-largest circuit in the U.S. — owns real estate behind the majority of its screens and could even be a buyer. Movie theater chains are staring down an unprecedented crisis, as pandemic shutdowns are forcing operators in some areas to close while awaiting local authorities’ COVID-19 guidan...