The Marcus (MCS) Investor presentation summary

Legacy and business overview

• Founded in 1935, the company operates as a leader in entertainment and hospitality, with a diversified platform including the fourth largest US movie exhibitor and a portfolio of 17 hotels and resorts.

• Over 90 years of entrepreneurship and innovation, with significant investments in modernizing assets and enhancing guest experiences.

• Owns 62% of its movie theatres and eight hotels, providing strong real estate backing and flexibility for monetization.

Financial performance and segment highlights

• Last twelve months (LTM) revenues reached $789.8M, with LTM adjusted EBITDA of $116.0M and a market cap of ~$949.3M as of August 2026.

• Adjusted EBITDA margin stands at 15.5%, with theatres contributing 67% of LTM revenues and hotels 33%.

• First half of fiscal 2026 saw theatres outperform the industry by 4.9 percentage points, with same-store admission revenues up 13.9% and adjusted EBITDA up 46.6%.

• Hotels & Resorts achieved record Q2 revenue and adjusted EBITDA, with RevPAR up 14.7% and outperformance versus industry and competitive sets.

Strategic priorities and growth

• Focused on maximizing assets, reinventing the moviegoing experience, and expanding through acquisitions, new builds, and management contracts.

• Active portfolio management includes recent hotel acquisitions, major renovations, and new experiential offerings.

• Strong pipeline of family-friendly and franchise films in 2026 and 2027 supports continued theatre growth.

• Hotels strategy targets group travel demand, portfolio growth, and leveraging F&B expertise.