Movie Theater Chains See Strong Sales
By wchung | 25 Mar, 2026
U.S. movie theater chains should see a jump in box office revenue for the fourth quarter after moviegoers flocked to high-profile films over the holiday weekend, a Merriman Curhan Ford analyst said Monday.
Box office sales totaled $278 million this past weekend, breaking the previous weekend record of $253 million set in July. It was the second week in theaters for James Cameron’s “Avatar.” New openings included “Sherlock Holmes,” ‘‘Alvin and the Chipmunks: The Squeakquel” and “It’s Complicated.”
Merriman analyst Eric Wold said three of the biggest theater chains — Regal Entertainment Group, Carmike Cinemas Inc. and Cinemark Holdings Inc. — should see a boost in fourth-quarter sales.
Wold, who has a “Buy” rating on all three companies, expects them to post 9 percent increases in box office sales per screen from the same quarter a year ago.
The analyst said Imax Corp. should have a better quarter than previously expected. He estimates the company’s jumbo screens will draw about $82 million in box office sales for the fourth quarter, up from a previous forecast of $70 million.
Wold has a “Neutral” rating on Imax shares.
12/28/2009 8:18 AM NEW YORK (AP)
Articles
- SK Hynix Files for US Listing to Raise Up to $14 Billion
- NASA to Spend $20 Billion on Moon Base, Cancel Lunar Orbit Station
- Humphrey Yang Simplifies Wealth Building for the TikTok Generation
- Pakistan Offers to Host Actual Peace Talks—IRL
- Mandopop Legend Jay Chou to Release First Album in 4 Years
- Japan's Cherry Blossom Picnics Pinched by 25% Food Inflation Since 2020
- SK Hynix Places Record $8 Billion Order for ASML EUV Lithography Tools
- TSMC Capacity a Major Bottleneck for AI Buildout Says Broadcom
- BTS Army to Bring $5.3 Billion Spending Power to a City Near You
- Zoox to Expand Robotaxi Service into San Francisco and Las Vegas
