Marcus reported second quarter fiscal 2026 total revenues of $231.7 million, net earnings of $15.8 million (diluted EPS $0.51) and Adjusted EBITDA of $46.2 million. The company said operating income for the quarter was $27.1 million and first-half Adjusted EBITDA rose to $48.8 million. Marcus highlighted strong performance across Marcus Theatres and Marcus Hotels & Resorts, each outpacing industry trends.

Financial Highlights

  • Total revenues: $231.7 million for the three months ended June 30, 2026 (up from $206.0 million year-over-year).
  • Operating income: $27.1 million for the quarter, versus $13.0 million in Q2 fiscal 2025.
  • Net earnings: $15.8 million for the quarter; net earnings per diluted common share: $0.51 (vs. $0.23 prior year).
  • Adjusted EBITDA: $46.2 million for the quarter (up from $32.3 million in Q2 fiscal 2025).
  • First half: total revenues $386.1 million; Adjusted EBITDA $48.8 million (first half net earnings $0.5 million; diluted EPS $0.02).

Business Highlights

  • Marcus Theatres: total theatre revenues $150.6 million in Q2; same-store admission revenues increased 16.6% with same-store attendance up 10.9% and average ticket price up 5.2%.
  • Theatre momentum driven by strong film slate and family-friendly titles, with top performers including The Super Mario Galaxy Movie, Michael, Toy Story 5, Obsession and Backrooms.
  • Marcus Hotels & Resorts: record second-quarter revenue before cost reimbursements of $70.8 million and record second-quarter Adjusted EBITDA of $14.7 million; RevPAR at company-owned hotels increased 13.9%.
  • Hotels outperformed the industry and competitive sets in RevPAR and occupancy metrics, aided by Hilton Milwaukee returning to full operation and stronger leisure and group demand.
  • Operational investments: Grand Geneva Resort & Spa opened a new short-course golf course (Wee Nip) in May, supporting golf revenue growth.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.