AMC CEO: Moviegoers spending despite inflation

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AMC CEO Adam Aron remains optimistic about the company's future despite rising inflationary pressures hanging over its business and stock price. Revenue is up from pre-pandemic levels.

year to date. Aron believes that the stock will find "the appropriate level" over time.

Adam Aron arrives for the 33rd American Cinematheque Award Presentation Honoring Charlize Theron at The Beverly Hilton Hotel Nov. 8, 2019, in Beverly Hills, Calif. "My job as CEO of the business, especially coming out of 27 months of pandemic, is to restore this company to health," Aron explained. "As I’ve been saying, we’re on a glide path to recovery. We’re very optimistic about the future of the company.

Source: News Formal (newsformal.com)

 

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I have as many shares of amc as this clown lmaooo

Ticket prices are higher so box office is up. It is not rocket science.

It is called Top Gun

I mean under $60 for 4 seats to watch a new release, and the kids love the environment. Great bang for your buck! And memories!

Run a story about the trillions of dollars the FED is printing for Wall Street and causing inflation for everyone else.

💯💯💯💯💪

🔥shorts. This is the way. AMC APESNOTLEAVING

Lady_KML According to Star journalist extraordinaire CGasparino movies are dead? 😆💰🔥

AMC is selling adult beverages🍸 TeaRex

Can confirm. Went to see the new Jurassic movie and the theatre was packed, the theater room was packed and EVERYONE had concessions!

and Gasp are 2 of a kind. Such bitter behaviour. They are the reason bad apples are removed from society. Is this what American news organizations do… bet against American companies? You people are strange

Wow what a terrible bet they made against us lmao

Going Cinema has always been the most reliable outdoor entertainment option, and always will be🍿

Remember, racist Gasparino is the shot caller for Fox. He’s untouchable, what does he know about company execs they do not want divulged?

MrBallroom No shit we are 🦍🚀

Movies are here for a short time. Once they're gone, so too is the BIG SCREEN, BIG SOUND and BIG POPCORN BUCKETS. There is an urgency to see movies the way they were always intended to be seen and heard. That makes them inflation resistant. GO AMC GO!!! 🦍💎🍿🔥🚀🚀🚀

BusinessKing58 APESNOTLEAVING

I went to see top gun in Phoenix AZ last night and check multiple AMC theatres and completely sold out. Insane! Got tickets to the late showing and the theatre was packed!

There's a ton of upside for AMC, people will always love escapism.

TOFIQFAZL When reality sucks, people escape to the movies.

TOFIQFAZL That’s because we love the stonk!

Is gasparino aware if this? Goes against this network's narrative, surprised they're reporting this, tbh

And it’s none of your business

Michelle801Ape Nothing is better than a movie and popcorn when everting else sucks. Escape is a beautiful thing.

Can you run an article on stock market super criminal Ken Griffin?

TankPopp But but but CGasparino says movies are dead and everyone is switching to cobblechord 😂😂😂 AMC

firegasparino

Thank Top Gun II

Movies are a depression era commodity. How else can you escape the grim reality for at least 2hrs at a time.

When Assparino and Kenny lamenting about retail HODL meme stock...

Never forget 🤡

Cheers CGasparino 🥃

TexasHodlerMom

TexasHodlerMom Thats right

hilifeape BUY & HOLD $AMC for MOASS 🚀🚀🚀🚀🚀💰💰💰💰💰💰

Based on prevailing sentiment of banks, the market, and popular culture yes, its a foolish investment but everyone is wrong. TradesTrey unusual_whales masked_investor

Lies

420apestrong420 HOLDING!!! AMCSTOCK AMCNOTLEAVING AMCTheatres

On avg between 4 tickets, popcorn and drinks ...$100. He needs to remember who saved his company. I did not like the last interview to be honest on fox news. Not much about retail but how much people spend.

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