MCS

EX-99.1

2 mcs-20261029xex991.htm

EX-99.1

Document

Exhibit 99.1

MARCUS CORPORATION REPORTS THIRD QUARTER 2026 RESULTS

Marcus Corporation reports highest quarterly revenue in company history thanks to record third quarter revenue from both Marcus Theatres and Marcus Hotels & Resorts

Milwaukee, October 29, 2026 … The Marcus Corporation (NYSE: MCS) today reported results for the third quarter 2026 ended September 30, 2026.

“Record third quarter revenue in both divisions drove the highest total revenue for any quarter in company history,” said Gregory S. Marcus, chief executive officer of Marcus Corporation. “In our theatre business, the successes continued with Marcus Theatres’ record third quarter revenue, powered by the blockbuster hits of Spider-Man: Brand New Day and The Odyssey, along with a strong slate of other appealing films, including several family friendly titles that played well in our markets. Marcus Hotels & Resorts also achieved record third quarter revenue as the busy summer season drew healthy leisure demand. Looking to the remainder of the year, there are even more exciting films ahead, with the holiday movie slate featuring several franchise-driven tentpole films that are expected to appeal to a wide range of audiences. The historic World Series run for the Milwaukee Brewers, along with upcoming holiday travel and events, also bode well for our hotels business as we round out the year.”

Third Quarter 2026 Highlights

•Total revenues for the third quarter of 2026 were $237.8 million, a 13.1% increase from total revenues of $210.2 million for the third quarter of fiscal 2025.

•Operating income was $30.3 million for the third quarter of 2026, a 33.2% improvement from operating income of $22.7 million for the third quarter of fiscal 2025.

•Net earnings were $18.8 million for the third quarter of 2026, a 15.6% increase compared to net earnings of $16.2 million for the third quarter of fiscal 2025. Net earnings for the third quarter of fiscal 2025 were favorably impacted by a $3.0 million, or $0.10 per share, gain from a property insurance settlement, net of tax.

•Net earnings per diluted common share was $0.60 for the third quarter of 2026, a 15.4% increase compared to net earnings per diluted common share of $0.52 for the third quarter of fiscal 2025.

•Adjusted EBITDA was $49.1 million for the third quarter of 2026, a 21.5% increase from Adjusted EBITDA of $40.4 million for the third quarter of fiscal 2025.

First Three Quarters 2026 Highlights

•Total revenues for the first three quarters of 2026 were $623.9 million, a 10.4% increase from total revenues of $565.0 million for the first three quarters of fiscal 2025.

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•Operating income was $38.1 million for the first three quarters of 2026, a 148.5% increase from operating income of $15.3 million for the first three quarters of fiscal 2025.

•Net earnings were $19.2 million for the first three quarters of 2026, a 185.8% increase from net earnings of $6.7 million for the first three quarters of fiscal 2025. Net earnings for the first three quarters of fiscal 2025 were favorably impacted by a $3.0 million, or $0.10 per share, gain from a property insurance settlement, net of tax.

•Net earnings per diluted common share was $0.62 for the first three quarters of 2026, a 195.2% increase compared to net earnings per diluted common share of $0.21 for the first three quarters of fiscal 2025.

•Adjusted EBITDA was $97.9 million for the first three quarters of 2026, a 35.1% increase from Adjusted EBITDA of $72.5 million for the first three quarters of fiscal 2025.

The increases in operating results for the first nine months of 2026 were despite having five fewer operating days than the first nine months of fiscal 2025 due to the transition in the Company’s fiscal year in the first quarter of 2025. See Fiscal Year Change section below for further discussion. First nine month year-over-year comparisons herein are on an as-reported basis and include the impact of five fewer operating days in the first nine months of 2026, unless otherwise noted.

Marcus Theatres®

Total Theatre revenues were $145.0 million for the third quarter of 2026, a 20.9% increase over the third quarter of fiscal 2025 and a record for any third quarter. Division operating income was a record $22.2 million for the third quarter of 2026, a $9.9 million improvement compared to the third quarter of fiscal 2025. Adjusted EBITDA was $32.3 million for the third quarter of 2026, a 46.3% increase over the third quarter of fiscal 2025.

Same store admission revenues for the third quarter of 2026 increased 21.8% compared to the prior year quarter. When compared to reported national box office growth, Marcus Theatres’ admission revenue growth during the quarter was negatively impacted by 2.8 percentage points due to box office grosses for films not reported to Comscore by certain streaming content providers that Marcus Theatres played with admission revenues in the third quarter of f

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