Marcus CEO Discusses F1Q2011 Results - Earnings Call Transcript

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Q1: 2010-09-16 Earnings Summary

EPS of $0.34 beats by $0.00
 | Revenue of $113.96M (3.45% Y/Y) beats by $979.00K

The Marcus Corporation (NYSE:MCS) F1Q2011 Earnings Call Transcript September 16, 2010 11:00 AM ET

Executives

Doug Neis – CFO and Treasurer
Greg Marcus – President and CEO

Analysts

David Loeb – Robert W. Baird & Company
Herb Buchbinder – Wells Fargo
Marla Backer – Hudson Square

Operator

Good morning everyone, and welcome to The Marcus Corporation first quarter earnings conference call. My name is Omicka, and I will be your operator for today. (Operator instructions) Joining us today are Greg Marcus, President and Chief Executive Officer and Doug Neis, Chief Financial Officer of The Marcus Corporation.

At this time I would like to turn the program over to Mr. Neis for his opening remarks. Please go ahead, sir.

Doug Neis

Well thank you and welcome to our fiscal 2011 first quarter conference call. As usual I need to begin by saying that we plan on making a number of forward-looking statements in our call today. Forward-looking statements could include, but not be limited to statements about our future revenues and earnings expectations, our future RevPAR, occupancy rates and room rate expectations for our hotels and resorts division. Our expectations about the quality, quantity and audience appeal of film products expected to be made available to us in the future, our expectations about the future trends in the business group in leisure travel industry and in our markets, expectations and plans regarding growth in the number and type of our properties and facilities, expectations regarding various non-operating lines on our earnings statement and our expectations regarding future capital expenditures.

Of course our actual results could differ materially from those projected or suggested by our forward-looking statements. Factors, risks and uncertainties, which could impact our ability to achieve our expectations are included in the risk factors section of our 10-K and 10-Q filings, which can be

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