Marcus Corp. earnings soar 67.7% in FY 2012

The Marcus Corp. has reported record revenues and increased earnings for the fourth quarter and fiscal year that ended May 31, 2012, as revenues and operating income were up for both Marcus Theatres and Marcus Hotels and Resorts.

For FY 2012, net earnings were $22.7 million, or $0.78 per diluted common share, a 67.7% increase from net earnings of $13.6 million, or $0.46 per diluted common share, for fiscal 2011.

The other key highlights occurred in the fourth quarter, when net earnings were $6.7 million, or $0.23 per diluted common share, a 92.3% increase from net earnings of $3.5 million, or $0.12 per diluted common share, for same period of 2011.

In addition, Q4 revenues were $107.8 million, a 16.8% increase from revenues of $92.3 million for the fourth quarter of fiscal 2011.

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