The Marcus Corporation reported its financial results for the third quarter of fiscal 2025, ending September 30, 2025. Marcus Hotels & Resorts reported total revenues before cost reimbursements of $80.3 million, representing a 1.7% increase compared to the third quarter of fiscal 2024. Adjusted EBITDA for Marcus Hotels & Resorts was $23.1 million, a 0.3% increase from the prior year quarter. Division operating income was $16.4 million, a decrease of $0.7 million, which was impacted by a $0.5 million increase in depreciation expense due to recent hotel renovations. The company repurchased $9 million in shares during the third quarter and the Board of Directors authorized the repurchase of up to 4.0 million additional shares. Over the past four quarters, more than $25 million was returned to shareholders. The company noted that Marcus Theatres experienced a weaker box office compared to the prior year due to the absence of a breakout blockbuster and fewer family films.