You will be redirected back to your article in seconds

Soft B.O. hits Regal’s Q3 revenue

Cost cuts help exhib's profit remain flat year-over-year

A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter.

The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago.

Revenue fell to $630 million from $743 million.

Attendance dipped to 53.6 million from 58.7 million, with average ticket prices about flat at $8.79. Admissions revenue fell to $471 million from $515 million.

Concession sales fell $10 million to $187 million.

Regal has 524 theatres with 6,621 screens in 37 states and Washington, D.C.

More Film

  • 'Dark Is the Night' Review: Toronto

    Toronto Film Review: Dark Is the Night

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

  • 'My Generation' Review: A Diverting Documentary

    Film Review: 'My Generation'

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

  • Stranger Things Season 2

    Halloween Costume Ideas 2017

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

  • No Merchandising. Editorial Use Only. No

    'Thor: Ragnarok' Tracking for $100 Million-Plus Opening in North America

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

  • DORA THE EXPLORER

    Film News Roundup: Live-Action 'Dora the Explorer' Moves Forward With Nick Stoller

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

  • BMG Production Music

    BMG Production Music Expands with Acquisition of Movie Marketing Mainstay

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

  • Rohit Jain Lionsgate

    Lionsgate Taps Rohit Jain as Head of Mumbai Office

    A soft box office knocked Regal Entertainment revenue down 14% last quarter, but cost cuts managed to keep profit essentially flat compared to the year-ago quarter. The nation’s biggest theater chain saw net income of $24 million for the three months ended in September versus $25 million a year ago. Revenue fell to $630 million […]

More From Our Brands

Access exclusive content