Seeking Alpha

Marcus Corporation (MCS)

  • Thu, Mar. 19, 7:48 AM
    • Marcus (NYSE:MCS): FQ3 EPS of $0.11 beats by $0.06.
    • Revenue of $120.15M (+9.4% Y/Y) beats by $3.82M.
    • Press Release
    | Comment!
  • Tue, Feb. 17, 11:29 AM
    • Movie theater stocks are out-performing broad indexes on a down market day.
    • A sizzling box office weekend for Fifty Shades of Grey could be the impetus.
    • Earlier this year, American Sniper gave the sector an unexpected traffic boost.
    • The YTD box is well-ahead of last year's pace with the biggest releases still to come.
    • Reading International (NASDAQ:RDI) +0.9%, Marcus Corporation (NYSE:MCS) +0.4%, Carmike Cinemas (NASDAQ:CKEC) +0.5%, Regal Entertainment (NYSE:RGC) +0.3%, Cinemark Holdings (NYSE:CNK) +0.2%, Dolby (NYSE:DLB) +0.4%, RealD (NYSE:RLD) +0.3%, AMC Entertainment (NYSE:AMC) flat on the day. IMAX (NYSE:IMAX) is -2.0% after taking on a Canaccord Genuity downgrade.
    • Previously: American Sniper crushes again at the box office (Jan. 26 2015)
    • Previously: 'Fifty Shades' sets records
    | Comment!
  • Mon, Feb. 9, 3:31 PM
    • The U.S. box office is ahead of last year's disappointing pace after five weeks.
    • The industry's tally is up 2.0% Y/Y to $796.34M.
    • Theater traffic is forecast to improve by an even higher percentage for the balance of the year off of demand for Avengers: The Age of Ultron, The Hunger Games: Mockingjay Part 2, Fifty Shades of Grey, Jurassic World, Spectre (James Bond), and Mission Impossible 5.
    • Other factors which could boost the sector include a higher mix of premium seating and a boost for in-theater spending.
    • Exhibitor stocks: CKEC, AMC, CNK, RLD, IMAX, RDI, MCS.
    | Comment!
  • Tue, Jan. 20, 1:03 PM
    • The average U.S. movie ticket price rose $0.04 to $8.17 in 2014, according to data from the National Association of Theater Owners.
    • The average ticket in Q4 was $8.30 vs. $8.35 a year ago.
    • Related stocks: CKEC, AMC, CNK, RLD, IMAX, RDI, MCS.
    | Comment!
  • Mon, Jan. 19, 10:16 AM
    • Amazon Studios (NASDAQ:AMZN) announces it will produce up to 12 original movies a year.
    • Film veteran Ted Hope will lead the creative development efforts from the studio.
    • The movies will be available on Prime Instant Video only 30 to 60 days after releasing in theaters.
    • Amazon is likely to keep its crowdsourced movie script competition part of the equation
    • Netflix (NASDAQ:NFLX) and Amazon have won critical acclaim for their original content.
    • What to watch: A move toward shorter theatrical windows in the industry hurts exhibitors (CKEC, AMC, CNK, RLD, IMAX, RDI, MCS).
    • Previously: Upstarts land major trophies at Golden Globes (Jan. 12)
  • Tue, Jan. 6, 3:41 PM
    • Marcus (NYSE:MCS) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 2.2%
    • Payable Feb. 16; for shareholders of record Jan. 26; ex-div Jan. 22.
    | Comment!
  • Dec. 21, 2014, 11:13 PM
    • A strong premiere for Warner Bros. (NYSE:TWX) film The Hobbit: The Battle of the Five Armies helped alleviate concerns threats made by the Sony hackers would turn away moviegoers.
    • The Hobbit finale took in over $90M in its extended 5-day U.S. debut.
    • The global box office cumulative for the Peter Jackson film is now past $161M.
    • The average ticket price for the film is high due to its deep IMAX (NYSE:IMAX) theater penetration.
    • Trend-watching: The YTD U.S. box office total of $9.01B of is well-short of the  $10.951B generated in 2013.
    • Related stocks: AMC, CNK, CKEC, RGC, MCS.
    | Comment!
  • Dec. 18, 2014, 11:49 AM
    • The Hobbit: The Battle of Five Armies brought in $24.5M yesterday at 3,875 theaters in the U.S. in a sizzling Wednesday debut.
    • The Warner Bros. (NYSE:TWX) movie is forecast to bring in close to $100M for the 5-day opening period in the U.S. after already sailing past the $125M mark in a limited global run.
    • The strong performance should help alleviate some concerns that threats by the Sony hackers would disrupt theater attendance this weekend.
    • Related stocks: CNK, CKEC, MCS, AMC, IMAX, RDI, RGC.
    | Comment!
  • Dec. 18, 2014, 10:00 AM
    • Marcus Corporation (MCS +7.7%) rallies after besting estimates with its FQ2 report.
    • The company improved its box office by 17.2% during the quarter - compared to the sluggish 0.4% rise in the industry.
    • Innovation in the form of premium seating helped lead to a 29% Y/Y increase in concession revenue.
    | Comment!
  • Dec. 18, 2014, 7:50 AM
    • Marcus (NYSE:MCS): FQ2 EPS of $0.19 beats by $0.05.
    • Revenue of $116.06M (+15.4% Y/Y) beats by $11.83M.
    • Press Release
    | Comment!
  • Dec. 17, 2014, 3:45 PM
    • Movie theater stocks move higher on above-average volume.
    • The rally is helping to make up for a broad decline yesterday tied to threats from the Sony hackers over U.S. screenings of The Interview.
    • Though the four major U.S. theater chains and Canadian firm Cineplex (OTC:CPXGF) have all dropped plans to show the movie due to security concerns, there's a buzz among media analysts that a pay-TV operator could strike a VOD deal to rescue Sony Pictures (NYSE:SNE).
    • Gainers: Carmike Cinemas (NASDAQ:CKEC+3.3%, Cinemark Holdings (NYSE:CNK+2.6%, Regal Entertainment (NYSE:RGC+1.9%, AMC Entertainment (NYSE:AMC+4.4%, Marcus Corp. (NYSE:MCS+1.3%.
  • Dec. 11, 2014, 2:28 PM
    • Nielsen reports that so-called digitals, what the company calls consumers aged between 12 and 24, saw 7.1 movies in theaters this year - compared to the 8.4 movies the group saw the previous year.
    • Moviegoers between the ages of 25 and 44 increased the number of theater trips this year to 8.1 from 7.7 in 2013.
    • No great surprise, but digitals increased the amount of content they streamed this year, including more full-length movies.
    • Perhaps of interest to studios (LGF, SNE, CMCSA, TWX, FOXA, DIS), a majority of digitals say they trust trailers and the opinions of friends over movie commercials aired on TV.
    • Full Nielsen report
    • Theater stocks: CKEC, AMC, CNK, RLD, IMAX, RDI, MCS.
  • Nov. 16, 2014, 7:57 PM
    • Interstellar had a strong second weekend at the box office, taking in $29.2M in the U.S. and $135.2M globally as positive word of mouth kept interest high.
    • The Paramount (VIA, VIAB) film played in 64 territories.
    • Universal's (NASDAQ:CMCSA) Dumb and Dumber To was the top film in the U.S. over the weekend with a $38.1M haul, despite the uncommon 20-year lag between the original and sequel.
    • Though Big Hero 6 had another solid weekend in the U.S. with $36M, the bigger news for Disney (NYSE:DIS) is that its movie business passed $4B in annual global box office receipts for only the second time in history.
    • The top 12 films in the U.S. earned an estimated $135M, up 13% from the corresponding week from a year ago.
    • Movie exhibitor stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX.
  • Oct. 31, 2014, 9:44 AM
    • The U.S. premiere for Interstellar from Paramount Pictures (VIA, VIAB) is set for November 5 with expectations starting to be pushed even higher.
    • Fandango and both report strong advanced ticket sales for the film, while some IMAX (NYSE:IMAX) theaters have added 3:00 a.m. and 3:30 a.m. screenings for next Wednesday.
    • Hollywood insiders say the film has the potential to create a must-see-in-theater buzz after director Nolan shot the movie on film to open up the potential to see it in the striking 70mm format.
    • Nolan also pleased the top brass at Paramount by coming in under the production budget of $175M by about $10M.
    • Movie exhibitor stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX.
    | Comment!
  • Oct. 28, 2014, 10:21 AM
    • Movie theater stocks are higher after Regal Entertainment Group (RGC +5.4%) discloses it's exploring a possible sale.
    • Gainers: Cinemark Holdings (NYSE:CNK) +1.4%, AMC Entertainment (NYSE:AMC) +2.8%, Reading International (NASDAQ:RDI) +1.1%, The Marcus Corporation (NYSE:MCS) +2.4%.
    | Comment!
  • Oct. 26, 2014, 10:17 PM
    • Movie theater traffic was strong enough in the U.S. over the weekend to push the total for October to an all-time record with five days still left in the month.
    • The top 12 films earned $102.7M in the U.S. for the three-day period, up 8% Y/Y. Horror film Ouija from Universal (NASDAQ:CMCSA) took in $20.0M.
    • Rentrak weekly global box office totals: 1) Annabelle from Warner Bros. (NYSE:TWX) $29.8M, 2) Gone Girl from 20th Century Fox (NASDAQ:FOX) $29.5M, 3) Fury from Sony Pictures (NYSE:SNE) $24.2M.
    • Movie exhibitor stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX.
    | Comment!
Visit Seeking Alpha's
MCS vs. ETF Alternatives
Company Description
Marcus Corp is engaged primarily in two business segments: movie theatres and hotels and resorts.
Sector: Services
Industry: Lodging
Country: United States