Get the latest gossip
‘Wicked,’ ‘Moana 2’ and Other Holiday Hits Lift AMC Theatres Quarterly Earnings, Losses Shrink to $135.6 Million
AMC Theatres quarterly revenues jumped thanks to holiday hits like 'Wicked' and 'Moana 2,' while losses shrank to $135.6 million for the period.
“ Wicked,” “ Moana 2 ” and holiday hits like “Mufasa: The Lion King” lifted quarterly earnings at AMC Entertainment. Food and beverage revenue per patron hit $7.15 — an all-time fourth quarter record for AMC. AMC’s losses included a non-cash impairment charge of $106.9 million, which it said stemmed from “long-lived assets.”
Or read this on Variety