On this page of StockholderLetter.com we present the latest annual shareholder letter from MARCUS CORP — ticker symbol MCS. Reading current and past MCS letters to shareholders can bring important insights into the investment thesis.

 •  4/6/2026 Letter Continued (Full PDF)
 •  3/31/2023 MCS Stockholder Letter
 •  4/12/2024 MCS Stockholder Letter
 •  3/26/2025 MCS Stockholder Letter
 •  More "Entertainment" Category Stockholder Letters
 •  MCS Benford's Law Stock Score = 73

MCS Shareholder/Stockholder Letter Transcript:

2025 ANNUAL REPORT
A PROUD LEGACY OF
ENTREPRENEURSHIP & INNOVATION
M A R C U S C O R P O R AT I O N
202 5 ANNUAL REP OR T

BOARD OF DIRECTORS
Gregory S. Marcus (d)
Chairman, President and Chief Executive Officer,
Marcus Corporation
Katherine M. Gehl (a) (c)
Former President and Chief Executive Officer,
Gehl Foods, Inc.
Philip L. Milstein, Lead Director (b) (c)* (d)
Principal, Ogden CAP Properties, LLC
Austin M. Ramirez (c)
Chief Executive Officer, Husco
Diane Marcus Gershowitz
Real Estate Management and Investments
Thomas F. Kissinger
Senior Executive Vice President,General Counsel
and Secretary, Marcus Corporation
Timothy E. Hoeksema (a) (c)
Retired Chairman, President and
Chief Executive Officer, Midwest Air Group, Inc.
Paul A. Leff
Founder, Warbasse67
David J. Marcus
Chief Executive Officer, Marcus Investments LLC
Allan H. (Bud) Selig (b)* (d)
Commissioner Emeritus of Major League Baseball
Bruce J. Olson
Retired Senior Vice President, Marcus Corporation
and Retired President, Marcus Theatres
Brian J. Stark (a)* (b) (d)
Former Founding Principal, Chief Executive Officer
and Chief Investment Officer, Stark Investments
COMMITTEES OF THE BOARD:
(a) Audit | (b) Compensation | (c) Corporate Governance and Nominating
(d) Finance | *Denotes chairman
OFFICERS, EXECUTIVE MANAGEMENT AND ADVISORS
Gregory S. Marcus
Chairman, President and Chief Executive Officer
Michael R. Evans
President, Marcus Hotels & Resorts
Thomas F. Kissinger
Senior Executive Vice President,
General Counsel and Secretary
Kim M. Lueck
Chief Information Officer
Steven V. Martin
Chief Human Resources Officer
Chad M. Paris
Chief Financial Officer and Treasurer
Stephen H. Marcus
Chairman Emeritus
Mark A. Gramz
President, Marcus Theatres
1970s
1930s
Develops Budgetel Inn,
a nationally recognized
limited-service hotel
concept that is later
rebranded and sold as
Baymont Inn & Suites
1950s
Company begins
and opens first
movie theatre in
Ripon, Wisconsin
The start of a legacy in
food and beverage with
the opening of the first
Big Boy restaurant
1940s
More theatres open in
Wisconsin including expansion
into drive-in theatres
1960s
Expands into the lodging
industry with the purchase of
The Pfister Hotel in Milwaukee

4/6/2026 Letter Continued (Full PDF)

 

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