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Wall Street Breakfast

Audiences return to theaters

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 11 August 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

AMC shares are rallying post-earnings as theater numbers pop in Q2. (0:15) Cannabis stocks up on hope of Trump rescheduling. (2:21) How the Post Office could help tobacco giants. (3:01)

Show Notes
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Episode transcripts seekingalpha.com/wsb. Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

0:10.0

Good afternoon, today is Monday, August 11th, and I'm your host, Kim Khan. Our top story so far.

0:15.5

Shares of former meme-darling AMC Entertainment are rallying after the theater chain reported a significant beat for revenue

0:21.5

in its second quarter earnings report, driven by a higher moviegoer paced in the U.S.

0:26.2

Revenue rose 36% to $1.4 billion and was comfortably ahead of the $1.34 billion estimate.

0:32.1

On an adjusted per share basis, AMC broke even, while analysts were expecting it to lose $0.10

0:37.0

a piece. Business segments

0:38.7

grew in double-digit percentages during the quarter. Revenue from admissions, food and beverage,

0:43.1

and other sources came in above forecasts. CEO Adam Aaron said, our second quarter results are a

0:48.8

combination of a recovering industry-wide box office and the undeniable fact that both AMC and Odeon

0:54.0

are executing so well in so many

0:55.7

different ways. Indeed, we shattered all-time records across nearly every per-patron metric.

1:00.7

Theater attendance on a consolidated basis was up 26% to 62.81 million in Q2,

1:06.7

driven by U.S. audience strength, which offset weaker than expected international audience attendance.

1:11.7

For the first time ever, consolidated admissions revenue per patron, top $12.14,

1:17.4

consolidated food and beverage revenue per guest jumped to a record 795.

1:21.7

Total consolidated revenue per patron hit an unprecedented 2226 for us, the company said.

1:27.2

Among other stocks moving, thanks to aging cars, increased demand for aftermarket parts,

1:32.0

and improved operating efficiencies, motorcar parts of America swung to a gap profit in fiscal Q1.

1:38.2

Shares are surging as the company also boosted its full-year outlook.

1:41.2

For fiscal 2026, the company now expects sales to be up 5.6 to 8.2%,

1:46.2

representing a range of 800 to 820 million from 780 to 800 previously, with the midpoint

...

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