The Marcus Corporation (MCS) has reported a 32.20 percent jump in profit for the quarter ended Sep. 29, 2016. The company has earned $14.37 million, or $0.51 a share in the quarter, compared with $10.87 million, or $0.39 a share for the same period last year.

Revenue during the quarter grew 8.07 percent to $144.70 million from $133.89 million in the previous year period. Gross margin for the quarter expanded 61 basis points over the previous year period to 49.34 percent. Total expenses were 82.94 percent of quarterly revenues, down from 85.20 percent for the same period last year. This has led to an improvement of 226 basis points in operating margin to 17.06 percent.

Operating income for the quarter was $24.68 million, compared with $19.81 million in the previous year period.

"This was another excellent quarter for The Marcus Corporation. Marcus Theatres had a record quarter and once again significantly outperformed the industry. Although reduced group business at some of our hotels slightly impacted the third-quarter performance of Marcus Hotels & Resorts, its year-to-date performance remains strong and the division has also outperformed the industry. Both divisions have made solid contributions to our outstanding results for the first three quarters of 2016," said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation.