The AMC theaters have struck lower revenues in the first quarter in the middle of the slowdown in the box office
A slowdown in the Hollywood box office led AMC Entertainment Holdings to display a clear drop in first quarter income and a quarterly defeat in the first quarter of 2025.
The parent of the AMC theaters recorded a turnover of $ 862.5 million for the three months on March 31, which is down 9% compared to an income line of the year at $ 951.4 million. The mega-exhibitor also expanded its loss of first quarter to 202.1 million dollars, down almost 36% compared to a loss of $ 163.5 million.
AMC theaters had a difficult comparison with the first quarter of 2024 when Dune: Part 2 And Kung Fu Panda 4 played on his screens. During the last financial quarter, tents like Disney snow White Do not operate well left to the retained of Christmas as Moana 2 And Wicked To drive the recent box office.
In the exhibition sector, the national box office of the first quarter fell 11.5% in annual sliding. The CEO of AMC Theatres, Adam Aron, in a statement, told investors to look beyond the slowdown of the first quarter box to the best prospects planned for the rest of the year.
“The implementation of these first quarters was directly affected by COVID and its consequences, the box office from January to March in 2025 was the lowest that it was since 1996. If this level of activity was to continue, of course, it would be very problematic for cinema cinemas. But on the contrary, since the first quarter, the results have reflected a Hollywood survival problem.
During the first quarter, the AMC theaters, the last cinema channel in the world, saw the income for admissions falling to $ 473.5 million, compared to $ 530.5 million more avant-garde. And sales of concessions also increased to $ 283.4 million, which compared to $ 321.2 million in the first quarter of 2024.
During the last financial quarter, AMC declared global attendance in 42 million customers, down 10% compared to 46.6 million customers in the previous period. The United States's attendance reached 26.9 million customers, down 11.8% compared to 30.4 million customers during the same period of 2024, while international markets recorded 15 million customers, down 7% compared to 16.1 million more avant-garde customers.
The AMC continues to participate in a box office resumption on the industry scale, even if the fallout from the double Hollywood are in 2023 still seem to linger with the company.
And AMC always faces a heavy debt load and changes consumer habits in the streaming era. The giant of the cinema chain also seeks to refinance its loans to manage the company while Aron seeks to impress shareholders with progress on a certain number of fronts to ensure the survival of the company.
