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Cinemark Achieved Best Summer Opening Weekend Box Office of All Time with the Release of Deadpool & Wolverine

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Cinemark Holdings, Inc. announced record-breaking results for the opening weekend of Deadpool & Wolverine. The film achieved Cinemark's highest-ever domestic opening box office for a summer release, surpassing all previous May-August openings. It also set records for Cinemark XD and D-BOX motion seats, highlighting consumer demand for immersive movie experiences.

The weekend also marked Cinemark's highest concessions revenue since the pandemic, with merchandise sales among the best ever. This success underscores the strong appetite for theatrical experiences and expanded food and beverage offerings. Cinemark's CEO, Sean Gamble, expressed optimism about the future of theatrical exhibition, citing the film's performance as evidence of robust consumer enthusiasm for moviegoing.

Cinemark Holdings, Inc. ha annunciato risultati da record per il fine settimana di apertura di Deadpool & Wolverine. Il film ha raggiunto il massimo incasso domestico di sempre per un'apertura estiva di Cinemark, superando tutte le precedenti aperture di maggio-agosto. Ha inoltre stabilito record per i Cinemark XD e i posti D-BOX, evidenziando la domanda dei consumatori per esperienze cinematografiche immersive.

Il fine settimana ha segnato anche il massimo incasso da concessioni per Cinemark dal periodo pandemico, con le vendite di merchandising tra le migliori di sempre. Questo successo sottolinea il forte appetito per esperienze teatrali e l'ampliamento delle offerte di cibo e bevande. Il CEO di Cinemark, Sean Gamble, ha espresso ottimismo riguardo al futuro dell'esibizione teatrale, citando le performance del film come prova del robusto entusiasmo dei consumatori per il cinema.

Cinemark Holdings, Inc. anunció resultados récord para el fin de semana de apertura de Deadpool & Wolverine. La película logró el mayor ingreso en taquilla doméstica de Cinemark para un estreno de verano, superando todos los estrenos anteriores de mayo a agosto. También estableció récords para Cinemark XD y sillas en movimiento D-BOX, destacando la demanda del consumidor por experiencias cinematográficas inmersivas.

El fin de semana también marcó el mayor ingreso por concesiones de Cinemark desde la pandemia, con ventas de mercancía entre las mejores de la historia. Este éxito subraya el fuerte apetito por experiencias teatrales y la ampliación de la oferta de alimentos y bebidas. El CEO de Cinemark, Sean Gamble, expresó optimismo sobre el futuro de la exhibición teatral, citando el desempeño de la película como evidencia del robusto entusiasmo de los consumidores por ir al cine.

Cinemark Holdings, Inc.는 Deadpool & Wolverine의 개봉 주말에 기록적인 결과를 발표했습니다. 이 영화는 여름 개봉작 중에서 Cinemark의 을 기록하며, 이전의 모든 5월에서 8월 사이의 개봉 기록을 넘어섰습니다. 또한, Cinemark XDD-BOX 동작 좌석에 대한 기록을 세우며 소비자들이 몰입형 영화 경험에 대한 수요가 있음을 강조했습니다.

이번 주말은 또한 팬데믹 이후 Cinemark의 을 기록했으며, 상품 판매도 역대 최고 중 하나였습니다. 이러한 성공은 극장 경험에 대한 강한 열망과 확장된 음식 및 음료 제공을 강조합니다. Cinemark의 CEO인 Sean Gamble은 영화의 성과를 소비자들이 영화관에 가고 싶어하는 강한 열정을 입증하는 사례로 언급하며, 극장 전시의 미래에 대한 낙관적인 전망을 밝혔습니다.

Cinemark Holdings, Inc. a annoncé des résultats records pour le week-end d'ouverture de Deadpool & Wolverine. Le film a atteint le plus haut chiffre d'affaires national d'ouverture de l'histoire de Cinemark pour une sortie estivale, surpassant toutes les ouvertures précédentes de mai à août. Il a également établi des records pour les Cinemark XD et les sièges à mouvement D-BOX, mettant en lumière la demande des consommateurs pour des expériences cinématographiques immersives.

Ce week-end a également marqué le plus haut chiffre d'affaires de concessions de Cinemark depuis la pandémie, avec des ventes de marchandises parmi les meilleures jamais réalisées. Ce succès souligne le fort appétit pour les expériences théâtrales et l'élargissement des offres de nourriture et de boissons. Le PDG de Cinemark, Sean Gamble, a exprimé son optimisme quant à l'avenir de l'exposition théâtrale, citant la performance du film comme preuve d'un enthousiasme robuste des consommateurs pour le cinéma.

Cinemark Holdings, Inc. hat rekordverdächtige Ergebnisse für das Eröffnungswochenende von Deadpool & Wolverine bekannt gegeben. Der Film erzielte das höchste einheimische Eröffnungsboxoffice von Cinemark für einen Sommerfilm und übertraf damit alle vorherigen Eröffnungen von Mai bis August. Er stellte auch Rekorde für Cinemark XD und D-BOX Bewegungssitze auf, was die Nachfrage der Verbraucher nach immersiven Filmerlebnissen unterstreicht.

Das Wochenende markierte zudem Cinemarks höchsten Umsatz mit Verkaufsständen seit der Pandemie, wobei die Verkaufszahlen von Merchandise zu den besten aller Zeiten gehörten. Dieser Erfolg betont die große Nachfrage nach Theatererlebnissen und erweiterten Food- und Beverage-Angeboten. Der CEO von Cinemark, Sean Gamble, äußerte Optimismus über die Zukunft der Theateraufführungen und zitierte die Leistung des Films als Beweis für die robuste Verbraucherbegeisterung für den Kinobesuch.

Positive
  • Highest-ever domestic opening box office for a summer release
  • Record-breaking results for Cinemark XD and D-BOX motion seats
  • Highest concessions revenue weekend since the pandemic
  • Strong merchandise sales, ranking among best of all time
Negative
  • None.

Insights

Cinemark's record-breaking performance with the release of Deadpool & Wolverine signifies a robust recovery in the theatrical exhibition industry. The film's success, driving Cinemark's highest summer opening weekend box office and record-breaking results for premium formats like Cinemark XD and D-BOX, indicates a strong consumer appetite for immersive theatrical experiences.

Financially, this translates to significant revenue streams for Cinemark. The company reported its highest concessions revenue since the pandemic, with merchandise sales ranking among its best of all time. This dual success in box office and ancillary revenues is particularly noteworthy, as it suggests a holistic improvement in Cinemark's business model.

Looking ahead, Cinemark's pipeline of upcoming releases, including potential blockbusters like Joker: Folie à Deux and Gladiator II, positions the company for continued strong performance. The success of $1+ billion franchises like Deadpool bodes well for Cinemark's future revenue prospects.

However, investors should note that while this performance is impressive, it's important to see if this momentum can be sustained beyond tentpole releases. The industry's reliance on blockbusters poses a risk if there's a drought of high-performing titles. Additionally, the company's investments in premium formats and concessions offerings, while paying off now, will need to be monitored for long-term ROI.

The success of Deadpool & Wolverine at Cinemark theaters provides valuable insights into current consumer behavior and preferences in the entertainment industry. The record-breaking performance across various metrics - from box office to premium format attendance to concessions sales - indicates a strong pent-up demand for high-quality, immersive theatrical experiences.

Several key trends emerge from this data:

  • Premium Experience Demand: The all-time high weekend for D-BOX motion seats and record-breaking Cinemark XD performance suggest consumers are willing to pay more for enhanced viewing experiences.
  • Concessions Evolution: The highest concessions revenue since the pandemic, coupled with strong merchandise sales, indicates that theaters are successfully expanding beyond traditional popcorn and soda offerings.
  • Franchise Power: The success of this Marvel property underscores the continued draw of established franchises and interconnected cinematic universes.
  • R-Rated Appeal: The film's success as the best-ever opening for an R-rated film challenges the notion that only family-friendly content can drive blockbuster numbers.

These trends suggest that theaters like Cinemark that invest in premium offerings and diverse revenue streams are well-positioned to capitalize on evolving consumer preferences. However, the industry must continue to innovate to maintain this momentum and compete with at-home streaming options.

Delivered record-breaking results for Cinemark XD and D-BOX as fans came out in droves to see the film in the most immersive environment possible

Marked highest concessions revenue weekend since the pandemic as moviegoers indulged in their favorite movie snacks and must-have merchandise

PLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc., one of the largest and most influential theatrical exhibition companies in the world, today announced that the opening weekend of Deadpool & Wolverine was the company’s highest-ever domestic opening box office for a film premiering during the busy summer moviegoing season, beating out every other film opening from May through August in the exhibitor’s history. Further, the film marked the biggest opening weekend ever for Cinemark XD, the company’s private-label premium large format, and an all-time high weekend for D-BOX motion seats, underscoring demand from fans to see films in the most immersive environment possible. With the film setting a multitude of industry records, including the biggest July opening ever and best-ever opening for an R-rated film, this weekend validates that consumer enthusiasm for moviegoing is robust.

Cinemark Missouri City and XD theater in the greater Houston area. (Photo: Business Wire)

Cinemark Missouri City and XD theater in the greater Houston area. (Photo: Business Wire)

“Building upon strong box office momentum over the past two months, Disney and Marvel’s highly anticipated super hero adventure, Deadpool & Wolverine, just took theatrical moviegoing to a new stratosphere,” said Sean Gamble, Cinemark President and CEO. “We are thrilled to share that Deadpool & Wolverine drove Cinemark’s biggest summer opening weekend of all time, generated record-breaking results in premium formats, and delivered our highest weekend of concession revenues since the pandemic. Congratulations to our partners at Disney on such record-breaking success and to our entire Cinemark team for their significant role supporting this tremendous achievement. We remain highly optimistic about the future of theatrical exhibition.”

This past weekend, Cinemark also delivered its highest concessions revenue since the pandemic with merchandise sales ranking among its best of all time. These results underscore the consumer appetite for expanded food and beverage offerings within the theater, as well as their desire to bring home movie-themed collectibles.

Moviegoing enthusiasm is expected to continue with several highly anticipated films hitting the big screen, including It Ends with Us and Borderlands on August 9, Alien: Romulus on August 16, Beetlejuice Beetlejuice on September 6, The Wild Robot on September 27, Joker: Folie à Deux on October 4, Venom: The Last Dance on October 25, Gladiator II and Wicked on November 22, Moana 2 on November 27, Kraven the Hunter on December 13, Mufasa: The Lion King and Sonic the Hedgehog 3 on December 20, and more.

In addition to the sight and sound technology that cannot be replicated at home, Cinemark gives moviegoers the star treatment with its fan-favorite loyalty program, convenient concessions ordering and online merchandise store. Cinemark Movie Rewards awards movie lovers with one point for every dollar spent at a Cinemark theater, and fans can level up to Cinemark Movie Club, a monthly membership program with star-studded benefits such as a monthly movie credit with no rollover and no expiration, a 20 percent discount on concessions and more. Snacking has never been easier at Cinemark, with advanced mobile ordering for easy pick up within the theater and third-party delivery partnerships with Door Dash, Grubhub and Uber Eats, to ensure customers can enjoy their favorite movie theater concessions whenever and wherever the craving hits. And, shopcinemark.com makes it simple for super fans to purchase great movie merchandise at any time.

For full details about the Cinemark moviegoing experience, visit Cinemark.com or download the Cinemark app. Click HERE for general Cinemark images and b-roll.

About Cinemark Holdings, Inc.

Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in Plano, Texas, Cinemark makes every day cinematic for moviegoers across more than 500 theaters and 5,500 screens, operating in 42 states in the U.S. (308 theaters; 4,303 screens) and 13 South and Central American countries (194 theaters; 1,405 screens). Cinemark offers guests superior sight and sound technology, including Barco laser projection and Cinemark XD, the world’s No. 1 exhibitor-branded premium large format; industry-leading penetration of upscale amenities such as expanded food and beverage offerings, Luxury Lounger recliners and D-BOX motion seats; top-notch guest service; and award-winning loyalty programs such as Cinemark Movie Club. All of this creates an immersive environment for a shared, entertaining escape, underscoring that there is no place more cinematic than Cinemark. For more information, visit https://ir.cinemark.com.

Media:

Julia McCartha

pr@cinemark.com



Investors:

Chanda Brashears

investors@cinemark.com

 

Source: Cinemark Holdings, Inc.

FAQ

What records did Deadpool & Wolverine break for Cinemark (CNK)?

Deadpool & Wolverine set Cinemark's highest-ever domestic opening box office for a summer release, broke records for Cinemark XD and D-BOX motion seats, and led to the highest concessions revenue weekend since the pandemic.

How did Deadpool & Wolverine's opening weekend affect Cinemark's (CNK) concession sales?

The opening weekend of Deadpool & Wolverine resulted in Cinemark's highest concessions revenue since the pandemic, with merchandise sales ranking among the best of all time for the company.

What does Cinemark (CNK) attribute to the success of Deadpool & Wolverine's opening weekend?

Cinemark attributes the success to strong consumer enthusiasm for moviegoing, demand for immersive movie experiences, and appetite for expanded food and beverage offerings within theaters.

What upcoming movies does Cinemark (CNK) expect to continue the moviegoing enthusiasm?

Cinemark expects continued enthusiasm with upcoming releases including It Ends with Us, Borderlands, Alien: Romulus, Beetlejuice Beetlejuice, Joker: Folie à Deux, Venom: The Last Dance, Gladiator II, Wicked, Moana 2, and Sonic the Hedgehog 3, among others.

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