Cinemark Holdings, Inc. (NYSE:CNK ) Q1 2025 Earnings Conference Call May 2, 2025 8:30 AM ET Company Participants Chanda Brashears - SVP, IR Sean Gamble - President and CEO Melissa Thomas - CFO Conference Call Participants Eric Handler - Roth Capital Ben Swinburne - Morgan Stanley Chad Beynon - Macquarie Patrick Sholl - Barrington Research Omar Mejias - Wells Fargo Robert Fishman - MoffettNathanson David Karnovsky - JP Morgan Mike Hickey - The Benchmark Company Stephen Laszczyk - Goldman Sachs Alicia Reese - Wedbush Securities Operator Greetings, and welcome to the Cinemark Holdings First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen only mode.
Cinemark CEO Sean Gamble was upbeat at an ongoing box office turnaround that started in April box and touted Amazon MGM's newfound commitment to theatrical releases.
While the top- and bottom-line numbers for Cinemark (CNK) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Entertainment Industry | Communication Services Sector | Mr. Sean Gamble CEO | XSTU Exchange | US17243V1026 ISIN |
United States Country | 8,976 Employees | 5 Mar 2025 Last Dividend | - Last Split | 24 Apr 2007 IPO Date |
Cinemark Holdings, Inc., established in 1984, is a preeminent figure in the global motion picture exhibition industry. With its headquarters located in Plano, Texas, the company, along with its subsidiaries, has carved a significant niche in providing exceptional movie-going experiences. As of February 16, 2024, Cinemark operates a vast network of 501 theatres, encompassing a total of 5,719 screens across 42 states in the United States and 13 countries throughout South and Central America. This expansive operational footprint demonstrates Cinemark's commitment to bringing high-quality entertainment to a diverse and widespread audience.
The products and services offered by Cinemark Holdings, Inc. are centered around providing an unparalleled cinema experience. These include:
Cinemark's core product is the theatrical exhibition of motion pictures. This service is provided across their vast network of theatres, offering audiences a wide variety of films including blockbuster titles, independent movies, and foreign films. The theatrical experience is enhanced with state-of-the-art projection and sound systems, comfortable seating, and a range of concessions.
Aside from regular movie showings, Cinemark also caters to private screenings and special events. This service allows individuals, groups, and corporations to book a theatre for private viewings of latest releases, classic movies, or other digital projections. It’s an ideal offering for celebrations, corporate gatherings, or educational purposes.
A quintessential part of the movie-going experience, concessions at Cinemark theatres include a wide variety of snacks, from traditional popcorn and soda to gourmet options and alcoholic beverages in certain locations. Cinemark continually innovates their concessions menu to enhance the overall customer experience.
Cinemark offers a loyalty program designed to reward frequent movie-goers with discounts, special offers, and other perks. This program reflects Cinemark's commitment to customer satisfaction and its intent to foster a long-term relationship with its patrons.