Jun. 7 at 6:05 PM
$AMC
AMC's most profitable month of May, EVER.
I'm not referring to box office in May, I'm referring to extrapolating AMC's profit from the box office revenue in May in the amount of
$1,063,238,498.
Thanks to better ancillaries and efficiency— exceeding pre-pandemic profitability. Stronger per-patron metrics offset the gap and drive AMC revenue above ANY OTHER MONTH OF MAY.
AMC's streamlined ops (cost cuts, portfolio optimization) plus record F&B per patron (now ~
$8 vs. ~
$5 in 2019, up from pre-pandemic level) mean higher margins and revenue per guest (total ~
$22+ per patron recently, 43% above 2019).