AMC and ODEON Cinemas see record holiday weekend turnout

Published 27/05/2025, 11:38
© Reuters

LEAWOOD, Kan. - AMC Entertainment Holdings, Inc. (NYSE:AMC), a leading global cinema operator with a market capitalization of $1.4 billion, reported a record-breaking Memorial Day holiday weekend, with unprecedented attendance and revenue figures at both its AMC Theatres in the U.S. and ODEON Cinemas internationally. The company announced that from Thursday through Monday, over 7 million guests visited their theaters, marking the highest attended five-day period for AMC’s global circuit in 2025. This performance has contributed to AMC’s significant 7.6% stock return over the past week, according to InvestingPro data.

The strong performance was fueled by the releases of "Lilo & Stitch" and "Mission: Impossible – The Final Reckoning," which drew large audiences to AMC’s premium screens, including IMAX, Dolby Cinema, and RealD 3D. These films contributed to a record-setting Memorial Day box office across the industry.

In the U.S., AMC experienced its third-highest revenue over a five-day period in more than a decade, including the highest food and beverage sales this decade. This past weekend also set a new yearly record for attendance, making it the most attended Memorial Day weekend since 2013. Each day of the weekend, from Friday to Sunday, set a new attendance record for 2025.

AMC Chairman and CEO Adam Aron attributed the success to the combination of high-quality films and AMC’s enhanced theater experiences. He expressed optimism for the future of theatrical moviegoing, anticipating a robust box office throughout the remainder of 2025 and into 2026.

The company’s achievements reflect a broader trend of recovery in the theatrical industry, with audiences showing a strong preference for the cinematic experience. This resurgence is seen as a positive indicator for the industry, which has faced challenges in recent years.

AMC Entertainment operates approximately 900 theaters and 10,000 screens worldwide, and it continues to innovate with improvements such as power-recliner seats, diverse food and beverage options, and a variety of content offerings. With its extensive operational footprint and ongoing innovations, AMC remains a significant player in the global entertainment industry, though investors should note that analysts currently do not anticipate profitability this year, according to InvestingPro data, which offers 15 additional key insights about the company’s financial position and market performance.

The information in this article is based on a press release statement from AMC Entertainment Holdings, Inc.

In other recent news, AMC Entertainment Holdings reported a larger-than-expected loss for the first quarter of 2025, with earnings per share at -0.58 and revenue totaling $862.5 million, both falling short of analyst expectations. Despite this, the company exceeded market expectations in terms of revenue and Adjusted EBITDA, as noted by Benchmark analysts, who maintained a Hold rating on the stock. AMC’s management attributed the first-quarter performance to a weaker-than-expected box office, but expressed optimism for a robust recovery throughout the rest of the year, supported by a strong lineup of upcoming films.

B.Riley initiated coverage on AMC with a Neutral rating and a $3 price target, citing concerns over the company’s balance sheet, which remains heavily leveraged. However, the firm expects a significant recovery in AMC’s financial performance in the latter part of 2025, driven by strategic initiatives such as the expansion of Premium Large Format experiences and the installation of Laser projectors. In a bid to boost attendance, AMC introduced a new discount program offering 50% off tickets on Wednesdays for its AMC Stubs members, aiming to replicate the success of its existing Discount Tuesdays.

AMC’s Chairman and CEO, Adam Aron, highlighted these strategic moves as part of the company’s broader efforts to improve customer experience and drive growth. Despite the challenges, AMC remains focused on enhancing its premium offerings and customer loyalty programs, which are expected to contribute positively to its financial stability and growth. As the company navigates these developments, investors are keeping a close eye on AMC’s ability to capitalize on the anticipated recovery in the box office.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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