Marcus Corp. Posts Q4 Decline

MILWAUKEE-The Marcus Corp. released its Q4 and year-end earnings report Thursday, which chronicles a loss in total revenue and net earnings for the quarter but an increase for the previous 12-month period.

“Our diversity was once again a benefit for The Marcus Corporation in fiscal 2009. The record results of Marcus Theatres helped to compensate for a very challenging year for the lodging industry and Marcus Hotels and Resorts,” Stephen Marcus, Marcus chairman said in the release.

For Q4, total revenues declined to $84.2 million from $89.5 million the year before. Net earnings totaled $2.2 million, $0.07 per diluted common share; this is nearly half the previous year’s earnings of $4.03 million, $0.14 per share.