We do have issues though as we are not yet out of the woods. While clearly improving, the industry box office is still down below pre-pandemic levels. And it is crucial for us to continue to be able to raise capital if, as and when needed. Still, there is much that’s encouraging.
As you may know, yesterday AMC announced our earnings for Q1 ‘23. So much progress for our path to recovery. Over 47 million guests in our theatres. Revenues up 21%. EBITDA up $69 million. Liquidity over $700 million. A huge slate of movies coming. #CHOKEonTHAT prophets of doom!
Ethics, Integrity, and Moral Standards are what separates us from horrible people… No Amount of Money is worth sacrificing ANY of them.
Run from anyone that DOESN’T live by these Foundational Characteristics!
A benefit of AMC Investor Connect membership is that you get to watch certain movies before their general public release. Join Investor Connect: amctheatres.com/stockholders On April 12, you can see Renfield starring Nicholas Cage. For tickets to Renfield: amctheatres.com/movies/amc-inv…
@CEOAdam WE KNOW IT DIDN'T HAPPEN.
WHY BUY AMC NOW WHEN IT WILL BE MUCH CHEAPER AFTER YOU KILL THE STOCK PRICE WITH THE COMING REVERSE SPLIT AND DILUTION?
It is longstanding company policy not to comment on M&A rumors and speculation. Comment once, you have to do it always. But then comes along this DUCKING web site. Obviously the information highlighted in orange did not happen on March 28! #AreTheseDUCKERSjustDumbOrEvil
AMC moviegoers continue to eat and drink well. Two weeks ago we set an all time record, with the highest weekly “Food and Beverage Revenues Per Patron” (FBRPP) in AMC’s 103-year history. On March 24, 25, 26 we set a new record again, for the highest ever weekend FBRPP. Wow!
You can do so by contacting your broker, getting your ballot and casting your vote. More and important information is at bit.ly/3msNpJJ Also review the meeting proxy and amendments, incorporated herein by reference, available at sec.gov.
Many AMC shareholders, who owned AMC common shares or APE preferred units as of February 8 2023, have not voted yet in our special election of shareholders. It is happening on schedule on March 14. I strongly encourage you make your voice heard. I strongly encourage you to vote.