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The company also reported that its quarterly revenue is down roughly 22 percent this year, having fallen to $941.5 million from $1.2 billion in the same quarter last year. In April, AMC recorded a cash balance of $718.3 million, per CNN. While the company said it had the resources to reopen "this summer or later," it added, "Our liquidity needs thereafter will depend, among other things, on the timing of a full resumption of operations, the timing of movie releases and our ability to generate revenues."
Popcorn is gonna cost $300 a bucket
That would be sad.
Amazon will buy them
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AMC Theater Chain Raises Doubt on Ability to Stay in BusinessAMC Entertainment Holdings said its ability to stay in business is in jeopardy if it can’t raise enough cash to fund operations during the prolonged closure of its theaters due to the coronavirus pandemic. They should sue China. RIP $20 small popcorn Was going to happen at some point anyway
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »
Amazon cuts workers' $2 hazard pay as coronavirus continues spread - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BorisJohnson WARNED CHINA to step back from the brink over the national security law in HongKongProtests How does a billionaire do it? How can one person be so damned cheap to the people that help make him wealthy? I don't get it. Fuck JeffBezos by high tax. Time to reduce the gap in the society by regulatory reform. Riches are always having an undue advantage all time. Amazon killed small businesses and now killing its employees.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
AMC Entertainment Sees Massive Q1 Losses Of Up To $2.4B On Writedowns In Preliminary Earnings ReportGiant exhib AMC Entertainment said it expects to report ballooning losses of between $2.1 and $2.4 billion for the first quarter ended in March on one-time charges compared with losses of $130 mill…
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