Regal Entertainment Group

Cinema operator Regal Entertainment Group said fourth-quarter sales and profit missed analysts' estimates. Including a $3.4-million pretax gain from the sale of the company's interest in online ticket vendor Fandango Inc., net income rose to $30.1 million, or 20 cents a share, from $23.2 million, or 15 cents, a year earlier, the company said. Excluding some items, the company posted profit of 18 cents a share, less than the 26-cent average of analysts' estimates compiled by Bloomberg.

A medium-sized popcorn and medium soda at the nation's largest movie chain pack the nutritional equivalent of three Quarter Pounders topped with 12 pats of butter, according to a report released today by the advocacy group Center for Science in the Public Interest. The group's second look at movie theater concessions -- the last was 15 years ago -- found little had changed in a decade and a half, despite theaters' attempts to reformulate. CSPI bought multiple servings of popcorn from the three largest movie chains, Regal Entertainment Group, AMC and Cinemark, and had them analyzed in an independent lab. It found that a Regal medium popcorn -- 20 cups -- contains 1,200 calories, 60 grams of saturated fat, and 980 milligrams of sodium.

Regal Entertainment Group, the world's largest theater operator, said first-quarter profit declined 23% on rising film rental and advertising costs. Net income fell to $21.3 million, or 14 cents a share, from $27.5 million, or 17 cents, a year earlier, the company said. Sales rose 6.2% to $665.6 million. Admissions at theaters in the U.S. and Canada rose 10% during the quarter, boosting sales 12% to $2.38 billion, according to researcher Media by Numbers. Admissions at Regal overall increased 6.4% to $459.

Regal Entertainment Group, the largest U.S. cinema operator, reported a $1.8-million third-quarter loss on falling movie attendance. The net loss of 1 cent a share contrasts with profit of $31 million, or 20 cents, a year earlier, the Knoxville, Tenn., company said. Sales fell 11% to $673.5 million, missing the $708.2-million average analyst estimate. Excluding some items, profit in the three months ended Oct. 1 totaled 5 cents a share, compared with analysts' projections of 7 cents on average.

Movie-theater operator Regal Entertainment Group Inc. said its third-quarter profit fell 46%, hurt by higher expenses. Profit for the quarter ended Sept. 25 fell to $31.6 million, or 21 cents a share, from $58 million, or 36 cents, a year earlier. The latest quarter's results exclude a loss on debt extinguishment, a gain on the sale of the company's interest in Fandango and a gain on a deal related to its joint venture National CineMedia. Revenue edged up less than 1% to $757.6 million.

A medium-sized popcorn and medium soda at the nation's largest movie chain pack the nutritional equivalent of three Quarter Pounders topped with 12 pats of butter, according to a report released today by the advocacy group Center for Science in the Public Interest. The group's second look at movie theater concessions -- the last was 15 years ago -- found little had changed in a decade and a half, despite theaters' attempts to reformulate. CSPI bought multiple servings of popcorn from the three largest movie chains, Regal Entertainment Group, AMC and Cinemark, and had them analyzed in an independent lab. It found that a Regal medium popcorn -- 20 cups -- contains 1,200 calories, 60 grams of saturated fat, and 980 milligrams of sodium.

* Regal Entertainment Group said fourth-quarter profit fell 44%, more than analysts expected, after a lack of blockbusters in the holiday season hurt attendance. Net income fell to $32.8 million, or 21 cents a share, from $58.8 million, or 40 cents, a year earlier, Centennial, Colo.-based Regal said. Sales fell 6% to $643.1 million.

Imax Corp. and Regal Entertainment Group will install 31 Imax digital projection systems in Regal theaters in 20 U.S. cities. The agreement expands the partnership with Regal Cinemas Inc., a unit of Regal Entertainment, to 38 venues and will bring the total number of Regal's Imax theaters to 52 by the end of 2010.

Regal Entertainment Group, the world's largest cinema operator, reached an agreement to equip 1,500 screens to show three-dimensional films. The accord with RealD 3D will allow Regal to show 3D movies in most U.S. markets, the Knoxville, Tenn.-based company said. Regal will install the technology once Digital Cinema Implementation Partners, a group of theater exhibitors, completes plans for an industry conversion to digital projectors.

Regal Entertainment Group, the world's largest movie theater operator, said its fiscal fourth-quarter profit fell 15% on costs from an advertising joint venture. Net income dropped to $11.2 million, or 7 cents a share, from $13.1 million, or 9 cents, a year earlier, Knoxville, Tenn.-based Regal said. Revenue rose 1.4% to $585.1 million. Profit excluding one-time costs was 9 cents a share, less than the estimate of 11 cents.

Regal Entertainment Group, the largest U.S. cinema operator, reported a second-quarter profit Thursday that missed analysts' expectations. Shares of Regal, based in Knoxville, Tenn., fell 97 cents, or 7%, to $12.94. The shares have gained 27% this year. Second-quarter profit of 26 cents a share missed the 31-cent average estimate of analysts in a Bloomberg survey.

Marking the latest shift in the executive suites of the movie theater industry, Regal Entertainment Group said Wednesday that Amy Miles, the company's chief financial officer, had been named chief executive, replacing Mike Campbell, who remains executive chairman. Miles, 42, a former executive with Deloitte & Touche and PricewaterhouseCoopers, has been Regal's CFO since March 2002. She will be replaced by David Ownby, who has been the company's senior vice president of finance.

Regal Entertainment Group, the world's largest theater operator, said first-quarter profit declined 23% on rising film rental and advertising costs. Net income fell to $21.3 million, or 14 cents a share, from $27.5 million, or 17 cents, a year earlier, the company said. Sales rose 6.2% to $665.6 million. Admissions at theaters in the U.S. and Canada rose 10% during the quarter, boosting sales 12% to $2.38 billion, according to researcher Media by Numbers. Admissions at Regal overall increased 6.4% to $459.

Movie-theater operator Regal Entertainment Group Inc. said its third-quarter profit fell 46%, hurt by higher expenses. Profit for the quarter ended Sept. 25 fell to $31.6 million, or 21 cents a share, from $58 million, or 36 cents, a year earlier. The latest quarter's results exclude a loss on debt extinguishment, a gain on the sale of the company's interest in Fandango and a gain on a deal related to its joint venture National CineMedia. Revenue edged up less than 1% to $757.6 million.

Movie theater operator Regal Entertainment Group said Thursday that second-quarter profit fell 74% on costs related to its purchase of Consolidated Theatres and debt payments. Net income dropped to $13.8 million, or 9 cents a share, from $52.7 million, or 33 cents, a year earlier, Knoxville, Tenn.-based Regal said. Sales declined 1.1% to $675.8 million, missing the $681.3-million average of analysts' estimates compiled by Bloomberg. Regal, whose chains include United Artists and Edwards theaters, completed its $210-million acquisition of Consolidated in April, adding 28 theaters with 400 screens.

Regal Entertainment Group, the world's largest cinema operator, reached an agreement to equip 1,500 screens to show three-dimensional films. The accord with RealD 3D will allow Regal to show 3D movies in most U.S. markets, the Knoxville, Tenn.-based company said. Regal will install the technology once Digital Cinema Implementation Partners, a group of theater exhibitors, completes plans for an industry conversion to digital projectors.

Turner Broadcasting System has signed a deal to provide short films to Regal Entertainment Group's Regal Cinemas, United Artists and Edwards movie theaters. Atlanta-based TBS is expected to tap its extensive library, which includes Turner Network Television, the Cartoon Network and Turner Classic Movies, to provide three-minute programs before featured films. The first shorts, beginning next month, will include Cartoon Network pieces and National Basketball Assn.

Imax Corp. and Regal Entertainment Group will install 31 Imax digital projection systems in Regal theaters in 20 U.S. cities. The agreement expands the partnership with Regal Cinemas Inc., a unit of Regal Entertainment, to 38 venues and will bring the total number of Regal's Imax theaters to 52 by the end of 2010.