AMC--

amc best month may ever profit box office revenue

$AMC AMC's best month in May ever. Not talking about box office numbers but how much profit AMC made from May's box office revenue—$1,063,238,498. Thanks to better ancillaries and efficiency, AMC is now more profitable than before the pandemic. Stronger per-patron metrics help AMC's revenue beat any other month in May. AMC's cost cuts and better food & beverage per patron (now ~$8 vs. ~$5 in 2019, up from pre-pandemic) mean higher margins and revenue per guest (total ~$22+ per patron recently, 43% above 2019).
Community post image

Comments



No comments

No comments yet

Disclaimer: The above is a summary showing certain market information. Ainvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing, All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market.Report an Issue