November 19, 2009 |
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.
October 30, 2009 |
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.
July 31, 2009 |
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.
May 7, 2009 |
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.
May 1, 2009 |
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.
October 24, 2008 |
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.