|
|
Article: The Marcus Corporation Reports Increased First Quarter Results; Record performance of Marcus Theatres and Marcus Hotels and Resorts drives improvement.
- Article from:
- Business Wire
- Article date:
- September 21, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MILWAUKEE -- The Marcus Corporation (NYSE:MCS) today reported results for the first quarter ended August 26, 2004. All three of the company's divisions contributed to the improved first quarter performance.
Revenues from continuing operations were $88,672,000, a 5.5% increase from revenues of $84,041,000 for the first quarter of the prior year. Earnings from continuing operations were $10,487,000 or $0.35 per diluted share for the first quarter of fiscal 2005, a 24.9% increase from earnings from continuing operations of $8,394,000 or $0.28 per diluted share for the comparable prior period. Net earnings for the first quarter of fiscal 2005 were $18,145,000 or ...