Marcus Theatres’ Q1 Loss Widens On Softer Than Expected Box Office Before ‘Minecraft’, ‘Sinners’ Turned Things Around
Marcus Theatres, the nation’s no. 4 chain, saw losses in the March quarter grow to $6.3 million from $5.7 million on a softer box office and higher costs before A Minecraft Movie and Sinners reignited moviegoing in April.
Revenue rose 7.5% to $87.4 million due largely to four more operating days vs the prior year period.
The company cited higher film costs as a percentage of admissions revenues and higher labor expenses vs a strike-crippled Q1 2024.
Attendance rose 7% and average ticket prices fell 5% on the impact of pricing promotions like the $7 Everyday Matinee and Value Tuesday, and an “unfavorable ticket mix” with an increased number of family films. Captain America: Brave New World, Mufasa: The Lion King, Sonic the Hedgehog 3, Dog Man and Moana 2 were the top performers.
Concession revenues per customer rose 2.9%.
“While the overall performance of the first quarter film slate was disappointing, the start to the second quarter has...
Revenue rose 7.5% to $87.4 million due largely to four more operating days vs the prior year period.
The company cited higher film costs as a percentage of admissions revenues and higher labor expenses vs a strike-crippled Q1 2024.
Attendance rose 7% and average ticket prices fell 5% on the impact of pricing promotions like the $7 Everyday Matinee and Value Tuesday, and an “unfavorable ticket mix” with an increased number of family films. Captain America: Brave New World, Mufasa: The Lion King, Sonic the Hedgehog 3, Dog Man and Moana 2 were the top performers.
Concession revenues per customer rose 2.9%.
“While the overall performance of the first quarter film slate was disappointing, the start to the second quarter has...
- 5/6/2025
- by Jill Goldsmith
- Deadline Film + TV
Similar News
'Peacemaker' Season 2 Trailer: John Cena is Back as Christopher Smith, Nathan Fillion's Guy Gardner & Isabela Merced's Hawkgirl Make Cameos - Watch Now!
- 5/9/2025
- by Just Jared
- Just Jared
‘Peacemaker’ Season 2 trailer: Everything to know about James Gunn’s Emmy-nominated series
- 5/9/2025
- by Christopher Rosen
- Gold Derby
Peacemaker spoofs the Dceu and multiverse in first teaser for season 2
- 5/9/2025
- by Daniel Roman
- Winter Is Coming
Thunderbolts* To Pass $100M At Domestic Box Office Today; New Sentry Promo Art Revealed
- 5/9/2025
- ComicBookMovie.com
Marvel’s ‘Thunderbolts’ to cross $100 million, while ‘Clown in a Cornfield’ slashes into top 5
- 5/9/2025
- by Denton Davidson
- Gold Derby
The Major Thunderbolts* Storyline That Went Nowhere
- 5/9/2025
- by Joe Roberts
- Slash Film
Wick Is Pain: Chad Stahelski & Josh Oreck On Incredible New Documentary, John Wick 5, & More! (Exclusive)
- 5/9/2025
- ComicBookMovie.com
Sebastian Stan’s 7 Best Performances, In and Out of the Marvel-Verse
- 5/9/2025
- by Sharon Knolle
- The Wrap
Thunderbolts* to smash past $100M today while looking to superhero-land on another $30M at the weekend box office
- 5/9/2025
- by Steve Seigh
- JoBlo.com
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.