Marcus down quite a bit
MILWAUKEE, WI — Marcus Corp. is reporting a 69% drop for the second quarter, but not because of their theaters, they say.
Marcus Corp. said Thursday that investment losses, along with a write-down on a Las Vegas condominium hotel development, were the major reasons behind a 69.1% drop in its second-quarter net income.
But the Milwaukee company’s theaters continue to pack in moviegoers, even as its hotels are hit by declines in business and leisure travelers.
Read more in the Milwaukee Journal-Sentinel.