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AMC Cinema
(Andrej Sokolow/Getty Images)

AMC loss isn’t quite as bad as expected, while revenue is a blowout

The world’s largest theater chain outperformed as moviegoers returned in droves.

Nia Warfield

Movie theater giant AMC reported a narrower-than-expected loss for the first quarter as it posted record admissions revenue per guest. The company reported a net loss of $0.58, compared to analysts’ expected loss of $0.59 per share. Meanwhile, revenue came in at $862.5 million, handily topping Wall Street’s forecast of $837 million.

Shares were flat after-hours.

AMC also achieved an all-time first-quarter record for US admissions revenue per patron, as CEO Adam Aron said demand is still rebounding: “The April 2025 industry-wide domestic box office was double that of April 2024, and so far in May, box office totals have again been running at double last year’s pace.”

Recent standouts include Warner Bros.’ “Minecraft,” Ryan Coogler’s “Sinners,” and Marvel’s “Thunderbolts*,” with more blockbusters ahead like “Lilo & Stitch” in live action, “Mission: Impossible – The Final Reckoning,” and “Avatar: Fire and Ash.”

AMC shares are down about 35% year to date.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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