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U.S. theaters on pace to ring up more sales than last year

Oct. 10, 2016 7:52 AM ETCarmike Cinemas, Inc. (CKEC) StockIMAX, CKEC, MCS, NCMI, CNK, RDI, AMCBy: Clark Schultz, SA News Editor10 Comments
  • The U.S. box office is up 3.8% Y/Y to $8.7781B through October 9, according to the latest tabulation from Box Office Mojo.
  • The sector received a boost in the third quarter from the strong runs of The Secret Life of Pets and Suicide Squad.
  • A higher average ticket price this year helped to offset some traffic slips.
  • Movie theaters face a tough comparison in Q4 after Star Wars: The Force Awakens brought in $652M during the period last year.
  • Related stocks: CKEC, AMC, CNK, IMAX, RDI, MCS, NCMI.

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