We live for popcorn! The first thing that we invariably pickup at theaters is a big tub of movie theater popcorn! Even a shitty movie can lead to a good experience with a tub of popcorn.

Price Action: AMC shares are down 3.53% to $12.01 on Monday morning.Best part of going to a movie? It’s movie theater popcorn! But no need to go to theater to enjoy the best popcorn, make the buttery, salty, crunchy popcorn right at home in 10 minutes and popcorn stays fresh and crisp for days! You Need This Best Movie Theater Popcorn Made At Home With supply secured for three years, AMC could be ahead of rivals who could see disruptions to this high-margin item. The company also reported a food and beverage revenue of $252.5 million in the first quarter, versus $50.1 million in the previous first quarter.Ĭoncession revenue continues to be a high revenue business for movie theaters and disruption to popcorn could impact movie theaters’ food and beverage revenue during this pivotal time of attendance picking up to levels not seen since the pandemic.ĪMC is also working on its own popcorn business to expand beyond movie theaters into retail locations. Attendance-related revenue was $443.8 million for the first quarter. Why It’s Important: AMC reported revenue of $785.7 million in the first quarter, beating a Street estimate of $736.2 million and coming in significantly higher than the $148.3 million the company reported in the first quarter of the previous year.ĪMC saw attendance rise from 6.8 million one year ago to 39.08 million in this year’s first quarter. Related Link: AMC Entertainment CEO Adam Aron On What's Next After Record-Breaking 'Top Gun: Maverick' Opening Is it intentionally designed to scare retail shareholders,” AMC Entertainment Holdings Inc AMC CEO Adam Aron said.Īron added that AMC has “high-quality popcorn” under contract for the next three years. “It amazes me the totally false info about AMC on the internet and in the press.

Movie theater and popcorn