Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Lack Of Sense Of Urgency In Domestic Market, Concessions Has Hurt Cinemark

Most of those following the theater industry know Cinemark (NYSE:CNK) is primarily focusing on Latin America for its growth strategy. The problem with that is there is a lot of growth via consolidation and improvement of the luxury experience in theaters available to the industry in the domestic market, and I believe that has been weighing on the performance of Cinemark over the last year.

Some of the volatility associated with Latin America is another factor for the lack of share price movement by Cinemark, which is up a little over 11% over the last 12 months. That's a little better than Regal Entertainment Group, but significantly behind AMC Entertainment Holdings, Inc. and Carmike.

Another negative catalyst in...

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