AMC Earnings Report Shows Strong Recovery with Blockbuster Summer

📆 09/08/2023 10:04:00
📰 FoxBusiness

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 53%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

AMC earnings report confirms summer blockbuster is back, 'Barbenheimer' drives 'explosive' July for theater

Aron said AMC welcomed more than 66 million guests in the second quarter of 2023, a 12% increase and the highest number since the coronavirus pandemic. Moviegoer spending at theaters also "far exceeded pre-pandemic norms," pushing food and beverage revenue per patron to $7.36 globally, within a penny of the company's all-time high record.

The No. 1 movie in the world, "Barbie," has stunned Hollywood by earning $1.03 billion globally. Historical drama "Oppenhiemer," which opened alongside "Barbie," has earned $228.6 million worldwide and is so far the highest grossing R-rated film of the year. The success of these movies, and AMC's apparent turnaround, could signal that summer blockbusters have recovered from COVID and are back in business.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Scrivi un Commento

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

U.S. stocks are rising as investors focus on earnings, inflation report By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES RISE TO START CPI WEEK $DIA $SPY $QQQ 🇺🇸🇺🇸
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »

UPS stock bounces ahead of earnings reportShares of United Parcel Service Inc. bounced 0.7% in afternoon trading Monday, putting it on track to snap a five-day losing streak, as investors prepare for the package delivery giant's second-quarter results.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »