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Article: The Marcus Corporation Reports Increased First Quarter Earnings from Continuing Operations; Operating income up 14.6%; both divisions contribute to improvement.
- Article from:
- Business Wire
- Article date:
- September 19, 2006
CopyrightCOPYRIGHT 2006 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)
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MILWAUKEE -- The Marcus Corporation (NYSE:MCS) today reported increased revenues, operating income and earnings from continuing operations for the first quarter ended August 24, 2006.
First Quarter Fiscal 2007 Highlights
--Total revenues for the first quarter of fiscal 2007 were $93,407,000, an 8.3% increase from revenues of $86,245,000 for the first quarter of the prior year.
--Operating income increased 14.6% to $21,182,000 for the first quarter of fiscal 2007, from operating income of $18,487,000 for the comparable prior period.
--Earnings from continuing operations increased 10.7% to $13,708,000 or $0.45 per diluted share for the ...