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The Marcus Corporation (MCS) CEO Greg Marcus on Q1 2021 Results - Earnings Call Transcript

May 05, 2021 5:24 PM ETThe Marcus Corporation (MCS)
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The Marcus Corporation (NYSE:MCS) Q1 2021 Earnings Conference Call May 5, 2021 11:00 AM ET

Company Participants

Greg Marcus - President & Chief Executive Officer

Doug Neis - Executive Vice President, Chief Financial Officer & Treasurer

Conference Call Participants

Mike Hickey - The Benchmark Company

Eric Wold - B. Riley

Jim Goss - Barrington Research


Good morning, everyone, and welcome to The Marcus Corporation First Quarter Earnings Conference Call. My name is Celine, and I will be your operator for today. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of this conference. [Operator Instructions] As a reminder, this conference is being recorded.

Joining us today are Greg Marcus, President and Chief Executive Officer; and Doug Neis, Executive Vice President, Chief Financial Officer and Treasurer of The Marcus Corporation.

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

Doug Neis

Thank you very much, and good morning, everybody, and welcome to our fiscal 2021 first quarter conference call.

As usual, I need to begin by stating we plan on making a number of forward-looking statements on our call today, all of which we intend to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act. Our forward-looking statements may generally be identified by our use of words such as we believe, anticipate, expect or words of similar import. Our forward-looking statements are subject to certain risks and uncertainties, which may cause our actual results to differ materially from those expected, including, but not limited to, the adverse effects of the COVID-19 pandemic on our theater and hotels and resorts businesses, results of operations, liquidity, cash flows, financial condition, access to credit markets and ability to service our existing and future indebtedness and the duration of the COVID-19

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