AMC

LEAWOOD, Kan., October 22, 2026--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), the largest theatrical exhibition company in the world, announced today that it will report its results for the third quarter ended September 30, 2026, on Wednesday, November 4, 2026. The Company will host an earnings webcast, after the market closes, accessible through the Investor Relations section of AMC's website at investor.amctheatres.com/. During the webcast, the Company will take questions from both equity research analysts and AMC Investor Connect members. AMC investors can visit www.amctheatres.com/stockholders to sign up for membership in AMC Investor Connect and submit their written questions. The link to submit questions will be available from October 27, 2026, until November 3, 2026. Investors and interested parties should go to the website (investor.amctheatres.com/) at least 15 minutes before the earnings webcast to register, and/or download and install any necessary audio software. - Date: Wednesday, November 4, 2026 - Time: 4:00 PM CST / 5:00 PM EST An archive of the webcast will be available on the Company's website after the webcast for a limited time. About AMC Entertainment Holdings, Inc. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 860 theatres and 9,600 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit www.amctheatres.com. Website Information This press release, along with other news about AMC, is available at www.amctheatres.com. We routinely post information that may be important to investors in the Investor Relations section of our website, investor.amctheatres.com/. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD, and we encourage investors to consult that section of our website regularly for important information about AMC. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Investors interested in automatically receiving news and information when posted to our website can also visit investor.amctheatres.com/ to sign up for email alerts. View source version on businesswire.com: https://www.businesswire.com/news/home/20261022322523/en/ Contacts INVESTOR RELATIONS: John Merriwether, 866-248-3872 [email protected] MEDIA CONTACTS: Ryan Noonan, (913) 213-2183 [email protected]

Las Vegas Sands LVS reported weak third-quarter 2026 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate and declining year over year. Following the results, the company's shares lost 0.4% in yesterday's after-market trading session. The company's results were hurt by softer high-end gaming demand in Singapore and Macao, coupled with elevated operating expenses, which weighed on profitability. Las Vegas Sands reported adjusted earnings of 54 cents per share, missing the Zacks Consensus Estimate of 71 cents by 23.9%. The company posted adjusted earnings of 78 cents per share in the year-ago quarter. Las Vegas Sands Corp. price-eps-surprise | Las Vegas Sands Corp. Quote Quarterly net revenues of $3.22 billion missed the $3.33 billion consensus by 3.3% and declined 3.5% year over year. Still, Macao mass gaming revenue share reached 26.1%, its strongest reading since the fourth quarter of 2023. Macao operations generated revenues of $1.94 billion, up 1.8% from $1.91 billion a year ago. Adjusted property EBITDA decreased 12% to $529 million from $601 million. The margin contracted 420 basis points to 27.3%. Rolling-table volumes rose 31% year over year, non-rolling chip drop increased 11%, and slot and electronic table game handle advanced 26%. Management cited higher staffing costs after adding gaming, hospitality and sales personnel. Softer premium play also weighed on spending per visitor. The Venetian Macao's net revenues fell 6.2% to $649 million from $692 million. Our model expected the quarterly revenues for this metric to be $618.1 million. Adjusted property EBITDA dropped 15.3% to $205 million from $242 million. Our estimate for the metric was $212.4 million. Non-rolling chip drop slipped to $2.35 billion from $2.39 billion, while hotel occupancy increased to 98.3%. Rolling volume increased 31%, non-rolling chip drop advanced 11%, and slot and electronic table game handle gained 26%. The Londoner Macao's revenues were nearly flat at $685 million versus $686 million. We estimated the metric to be $874.2 million. Adjusted property EBITDA declined 18.7% to $178 million. Our estimate for the metric was pegged at $201.8 million. Rolling-chip volume jumped to $3.22 billion from $2.31 billion, yet the non-rolling table win percentage declined to 18.6% from 23.4%. Hotel revenue per available room improved to $257 from $253. Net revenues at The Parisian Macao rose 6% to $231 million, supported by higher casino revenues. We estimated the metric to be $251.2 million. Adjusted property EBITDA, however, decreased 13.2% to $46 million from $53 million. Our estimate for the metric was $46.1 million. Casino revenues grew to $178 million from $163 million in the year-ago period. The slot handle rose to $1.4 billion from $1.01 billion, while hotel revenue per available room slipped to $142 from $147. The Plaza Macao and Four Seasons Macao posted 15.5% revenue growth to $238 million from $206 million. We estimated the metric to be $163.9 million. Casino revenues increased to $163 million from $132 million. Adjusted property EBITDA improved to $85 million from $74 million. Hotel revenue per available room increased to $485 from $456, helped by higher occupancy and room rates. Our estimate for the metric was $71.1 million. Sands Macao net revenues climbed 37.5% to $99 million from $72 million, reflecting casino revenue growth to $92 million from $66 million. Our projection for the metric was $58.8 million. Adjusted property EBITDA rose to $14 million from $8 million, lifting the margin to 14.1% from 11.1%. Our estimate was $7.9 million. Non-rolling chip drop advanced to $480 million from $371 million, while slot handle rose to $1.57 billion from $626 million. Hotel occupancy improved to 99.4% from 98.4%, although revenue per available room declined to $161 from $164. Marina Bay Sands' revenues declined 9.9% year over year to $1.29 billion from $1.44 billion. Our estimate for the metric was $1.42 billion. Adjusted property EBITDA fell 20.6% to $590 million from $743 million. The margin narrowed 610 basis points to 45.6%. We expected this metric to be $730.5 million. Non-rolling table win percentage fell to 18.7% from 24.5%, while rolling-chip volume declined to $8.43 billion from $9.07 billion. However, slot win rose 3% to $289 million, while hotel revenue per available room climbed to $994 from $937. Lower rolling-play hold reduced EBITDA by $4 million. On a consolidated basis, adjusted property EBITDA fell 16.7% to $1.12 billion from $1.34 billion, with the margin contracting to 34.8% from 40.3%. Casino revenues declined 5.4% to $2.37 billion, while room and food-and-beverage revenues increased. Operating income decreased to $618 million from $719 million. Net income declined 28.3% to $352 million from $491 million. Resort operating expenses rose 5.3% to $2.10 billion, reflecting ongoing investments in staffing and services. As of Sept. 30, 2026, Las Vegas Sands had unrestricted cash balances of $2.86 billion, while total debt outstanding was $15.3 billion. The weighted average debt balance declined to $15.53 billion from $15.94 billion in the year-ago quarter. Capital expenditures amounted to $281 million, including $154 million in Macao and $121 million in Singapore. The company repurchased $950 million in shares during the quarter, leaving $5.06 billion under its authorization. It also paid a quarterly dividend of 30 cents per share. Its board approved a 20% increase to 36 cents per share quarterly starting in the first quarter of 2027. Las Vegas Sands currently carries a Zacks Rank #5 (Strong Sell). Here are some better-ranked stocks from the Consumer Discretionary sector: Marriott Vacations Worldwide Corporation VAC currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 stocks here. The company delivered a trailing four-quarter earnings surprise of 1.3%, on average. VAC stock has surged 96.1% year to date. The Zacks Consensus Estimate for Marriott Vacations' 2026 sales and EPS indicates an increase of 8.3% and 22.5%, respectively, from the year-ago levels. Vince Holding Corp. VNCE currently flaunts a Zacks Rank of 1. The company delivered a trailing four-quarter earnings surprise of 561.4%, on average. VNCE stock has rallied 188.3% in the year-to-date period. The Zacks Consensus Estimate for Vince Holding's 2026 sales and EPS implies growth of 14% and 175%, respectively, from the year-ago levels. AMC Entertainment Holdings, Inc. AMC currently carries a Zacks Rank #2 (Buy). AMC stock has surged 94.9% in the year-to-date period. The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The Zacks Consensus Estimate for AMC Entertainment's 2026 sales and EPS implies growth of 18.4% and 91.7%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report Marriott Vacations Worldwide Corporation (VAC) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Hasbro, Inc. HAS reported third-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top line increased 15% year over year, while adjusted earnings surged 72.6% from the previous year. The quarter benefited from robust performance at Wizards of the Coast, led by Magic: The Gathering, alongside growth in Consumer Products and Entertainment. A favorable business mix, productivity improvements and approximately $55 million in tariff refunds further supported profitability. Magic: The Gathering revenues surpassed $600 million for the first time in a quarter. In the third quarter of 2026, HAS reported adjusted earnings of $2.90 per share, which increased 72.6% year over year and surpassed the consensus mark of $1.86 by 55.9%. Net revenues rose 15% year over year to $1.6 billion and topped the consensus estimate of $1.47 billion by 8.6%. Reported earnings were $2.77 per share compared with $1.64 a year ago. Hasbro, Inc. price-consensus-eps-surprise-chart | Hasbro, Inc. Quote Wizards of the Coast and Digital Gaming revenues increased 31% year over year to $747.2 million. The segment's performance was driven by strength in Magic: The Gathering, which generated $616.1 million in revenues, up 34% year over year. Growth was supported by The Hobbit and Reality Fracture releases. Tabletop gaming revenues increased 39% to $613.1 million, while digital and licensed gaming revenues rose 3% to $134.1 million. Monopoly Go! contributed $41 million in quarterly revenues. Operating profit increased 46% year over year to $367.4 million. The operating margin expanded to 49.2% from 44%, reflecting strong revenue growth. The segment's operating profit included a $7 million benefit from tariff refunds. Consumer Products revenues increased 4% year over year to $827.9 million, driven by growth across Marvel, K-Pop Demon Hunters and Transformers. Entertainment releases, including Spider-Man: Brand New Day, and continued momentum in GEM2 categories supported sales. North American revenues increased 5% to $504.9 million, while Asia Pacific and Latin America registered growth of 9% and 5%, respectively. European revenues remained flat at $181.1 million. Adjusted operating profit doubled year over year to $177.7 million from $88.9 million, supported by productivity initiatives. The adjusted operating margin expanded to 21.5% from 11.2%. Results included a $48 million benefit from tariff refunds. Entertainment revenues increased 9% year over year to $20.2 million, driven by growth in Family Brands. The category generated $18.4 million in revenues, reflecting a 10% increase, while Film and TV revenues declined 5% to $1.8 million. Adjusted operating profit rose 63% year over year to $18.4 million, supported by a favorable licensing mix. The adjusted operating margin expanded to 91.1% from 60.8%. Adjusted operating profit increased 52% year over year to $541.2 million from $355.6 million, driven by revenue momentum, favorable business mix and cost productivity. Adjusted EBITDA climbed 46.4% to $604.5 million from $412.9 million. The adjusted operating margin expanded to 33.9% from 25.6%. Reported operating profit increased to $517.3 million from $341.1 million. Selling, distribution and administration expenses rose to $331.5 million from $287.3 million, while advertising expenses declined to $96.2 million from $108.3 million. Cash and cash equivalents were $850.7 million at quarter-end, up from $620.9 million a year earlier. Short-term investments totaled $576.2 million, while inventories declined to $358.9 million from $396.7 million. Long-term debt decreased to $2.62 billion from $3.32 billion. Net cash provided by operating activities totaled $907.3 million in the first nine months of 2026 compared with $490 million a year earlier. HAS returned $206 million to shareholders through dividends and share repurchases during the quarter and deployed $79 million toward debt reduction and prefunding bond maturities. The company paid $99 million in dividends and declared a quarterly dividend of 70 cents per share. Management now expects 2026 revenues to increase 7-9% in constant currency, up from its prior projection of 5-7% growth. The adjusted operating margin is expected to be 27-28%, compared with the previous forecast of 25-26%. Adjusted EBITDA is projected between $1.575 billion and $1.625 billion, up from the earlier range of $1.45 billion to $1.50 billion. Hasbro also doubled its share repurchase target for 2026. The company intends to continue investing in its core businesses, returning capital to shareholders and reducing debt. Currently, Hasbro has a Zacks Rank #4 (Sell). Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Marriott Vacations Worldwide Corporation VAC, Lindblad Expeditions Holdings, Inc. LIND and AMC Entertainment Holdings, Inc. AMC. Marriott Vacations presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 stocks here. Marriott Vacations stock has jumped 90.9% in the year-to-date period. The Zacks Consensus Estimate for VAC's 2026 sales and EPS implies growth of 8.3% and 22.5%, respectively, from the year-ago levels. Lindblad Expeditions currently sports a Zacks Rank #1. The stock has surged 138% in the year-to-date period. The Zacks Consensus Estimate for Lindblad Expeditions' 2026 sales and EPS indicates growth of 14% and 175.9%, respectively, from the year-ago period's levels. AMC Entertainment presently sports a Zacks Rank #1. The stock has rallied 91% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment's 2026 sales and EPS indicates an increase of 18.4% and 81.3%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hasbro, Inc. (HAS) : Free Stock Analysis Report Marriott Vacations Worldwide Corporation (VAC) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Lindblad Expeditions (LIND) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Debt Maturities Extended to 2031 and 2033 LEAWOOD, Kan., October 06, 2026--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (the "Company" or "AMC") announced today that it has successfully completed its previously announced refinancing of $3.97 billion of its existing debt, including the offering of $2,000 million aggregate principal amount of first lien notes due 2031 (the "Notes") in a private offering (the "Offering"), borrowing of a new $850 million first lien term loan facility (the "New 1L Term Loan Facility") and a new second lien term loan facility provided by Deutsche Bank Special Situations Group in an aggregate principal amount of $1,120 million (the "New 2L Term Loan Facility" and together with the New 1L Term Loan Facility, the "New Term Loan Facilities"). The Notes and New Term Loan Facilities are guaranteed on a senior secured basis by certain of the Company's existing and future direct or indirect wholly-owned subsidiaries, including Muvico, LLC ("Muvico"), Odeon Cinemas Group Limited ("OCGL") and certain subsidiaries of OCGL. The net proceeds from the Offering, together with the proceeds from the New Term Loan Facilities and cash on hand, have been and will be used to (i) fund the previously announced tender offer (the "Tender Offer") of the Company's outstanding 7.500% Senior Secured Notes due 2029 (the "AMC Secured Notes") which settled concurrently with the Offering, (ii) fund the redemption (the "Redemption") on or about February 15, 2027 of any AMC Secured Notes that were not tendered or accepted for purchase in the Tender Offer, (iii) fund the previously announced redemption in full of Muvico's $903.4 million aggregate principal amount of Senior Secured Notes due 2029, (iv) repay in full the Company's existing term loan facility, (v) repay in full the existing term loan facility of Odeon Finco PLC, a wholly-owned direct subsidiary of OCGL and an indirect subsidiary of AMC, and (vi) pay related fees, costs, premiums and expenses in connection with such transactions. Commenting on the closing of the Offering and the New Term Loan Facilities, AMC Chairman and CEO Adam Aron said, "This transaction marks for all to plainly see a significant milestone for AMC. With this now-completed comprehensive refinancing of approximately 97% of our debt, we have materially extended almost all our debt maturities until October of 2031 and October of 2033, simplified our capital structure and reduced our cost of capital. AMC is now well positioned to thrive, as we welcome millions and millions of guests each and every week to our theatres throughout the world." Aron continued, "The bold and creative capital markets actions we have implemented in recent years, paired with a resurgent box office and our impressive operating performance, have resulted in a substantial reduction in financial leverage and a stronger balance sheet. Recent corporate or instrument credit ratings upgrades, by all three major credit rating agencies, clearly reflect AMC's considerable progress on this score." Aron highlighted, "It is so immensely satisfying to us how deftly AMC has navigated these uncharted waters of the past six-plus years. Since 2020, AMC has paid down a total of nearly $2 billion of our long-term debt and COVID-related lease deferrals and has extended the maturity of what is in our view a manageable remaining debt-load of approximately $4 billion to 2031 and 2033. This is nothing less than a triumph for AMC." Aron added, "We extend sincere thanks to all of our lenders, most notably Deutsche Bank Special Situations Group for their participation in this ambitious transaction. Our investment banking partners, particularly including Wells Fargo Securities, Deutsche Bank Securities, Citigroup, and Goldman Sachs & Co. LLC, and our advisors, including Moelis & Company LLC and Weil, Gotshal & Manges LLP who have for years now brilliantly showcased their unique skills. Additionally, their confidence, support, and commitment to AMC have been crucial to the demonstrable progress that AMC has made in the tumultuous times of the past several years." Aron added, "This all has taken place against the backdrop of an increasingly robust box office, including an all-time record third quarter North American box office. Looking ahead, we are highly optimistic as well about our prospects for the remainder of this year. An exciting film slate awaits us, especially including the December releases of DUNE: PART THREE and AVENGERS: DOOMSDAY, promising to close 2026 on a high note and carry that 2026 momentum into 2027." Aron concluded, "A growing box office, a more efficient balance sheet, combined with disciplined execution on our part, position AMC to capitalize on the significant operating leverage inherent in our business. With continued box office growth and successful execution of our strategy, we firmly expect AMC to considerably expand EBITDA, improve free cash flow and deliver meaningful long-term value for our stakeholders." The Notes and related guarantees were offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or in a transaction not subject to the registration requirements of the Securities Act or any state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. Tender Offer Results $355,515,000 aggregate principal amount of the AMC Secured Notes, representing approximately 98.8% of the $359,964,500 aggregate principal amount of AMC Secured Notes outstanding, were validly tendered and not validly withdrawn in the Tender Offer. The Company accepted for purchase all AMC Secured Notes validly tendered and not validly withdrawn and settled the Tender Offer on October 5, 2026. This press release does not constitute a notice of redemption of the AMC Secured Notes. Information concerning the terms and conditions of the redemption of AMC Secured Notes not tendered or accepted for purchase in the Tender Offer will be described in the notice of full redemption to be distributed to holders of the AMC Secured Notes by the trustee under the indenture governing the AMC Secured Notes. About AMC Entertainment Holdings, Inc. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 850 theatres and 9,600 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. Forward-Looking Statements This communication includes "forward-looking statements" within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In many cases, these forward-looking statements may be identified by the use of words such as "will," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "indicates," "projects," "goals," "objectives," "targets," "predicts," "plans," "seeks," and variations of these words and similar expressions. Examples of forward-looking statements include statements the Company makes regarding the transactions described herein, including the expected use of proceeds therefrom, including the Redemption, impacts of the industry box office in North America and European industry attendance, the Company's expected revenue, net loss, capital expenditures, diluted loss per share, Adjusted EBITDA and estimated cash and cash equivalents, the potential for sustained growth, the Company's cash generation potential, the potential for further debt equitization, the ability to achieve the Company's AMC Go Plan, the Company's financial runway and the continued box office recovery as well as the future box office outlook, including with respect to the full year 2026, changing market dynamics and capitalizing on opportunities to further strengthen AMC's balance sheet. Any forward-looking statement speaks only as of the date on which it is made. These forward-looking statements may include, among other things, statements related to AMC's current expectations regarding the performance of its business, financial results, liquidity and capital resources and are based on information available at the time the statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks, trends, uncertainties and other facts that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks, trends, uncertainties and facts include, but are not limited to: the sufficiency of AMC's existing cash and cash equivalents and available borrowing capacity; AMC's ability to obtain additional liquidity, which if not realized or insufficient to generate the material amounts of additional liquidity that will be required unless it is able to achieve more normalized levels of operating revenues, likely would result with AMC seeking an in-court or out-of-court restructuring of its liabilities; the effectiveness of the refinancing transactions completed in the third quarter of 2025 and the ability to further equitize existing debt; increased use of alternative film delivery methods or other forms of entertainment; the continued recovery of the North American and international box office; AMC's significant indebtedness, including its ability to meet its covenants and limitations on AMC's ability to take advantage of certain business opportunities imposed by such covenants; shrinking exclusive theatrical release windows; the seasonality of AMC's revenue and working capital; intense competition in the geographic areas in which AMC operates; risks relating to impairment losses, including with respect to goodwill and other intangibles, and theatre and other closure charges; motion picture production, promotion, marketing, and performance including labor stoppages affecting the production, supply and release schedule of theatrical motion picture content and choice of distributors to release fewer feature-length films as a result of the additional financial burden imposed by tariffs; the use of artificial intelligence ("AI") technology in the filmmaking process and audience acceptance of movies made utilizing AI technology; general and international economic, political, regulatory and other risks, including but not limited to rising interest rates; AMC's lack of control over distributors of films; limitations on the availability of capital, including on the authorized number of shares of the Company's Class A common stock (the "Common Stock"); dilution of voting power caused by recent sales of Common Stock and through the issuance of Common Stock underlying Muvico's exchangeable notes and the issuance of preferred stock; future offerings of debt, which would be senior to the Common Stock for purposes of distributions or upon liquidation, and which could adversely affect the market price of the Common Stock; AMC's ability to achieve expected synergies, benefits and performance from its strategic initiatives; AMC's ability to refinance its indebtedness on favorable terms; AMC's ability to optimize its theatre circuit; limitations on AMC's ability to utilize interest expense deductions annually under Section 163(j) of the Internal Revenue Code of 1986, as amended, as amended by the One Big Beautiful Bill Act of 2025; AMC's ability to recognize interest deduction carryforwards, net operating loss carryforwards, and other tax attributes to reduce future tax liability; supply chain disruptions, labor shortages, increased cost and inflation; and other factors discussed in the reports AMC has filed with the SEC. Should one or more of these risks, trends, uncertainties, or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. Accordingly, the Company cautions you against relying on forward-looking statements, which speak only as of the date they are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. For a detailed discussion of risks, trends and uncertainties facing AMC, see the section entitled "Risk Factors" and elsewhere in the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as the Company's other filings with the SEC, copies of which may be obtained by visiting the Company's Investor Relations website at investor.amctheatres.com or the SEC's website at www.sec.gov. AMC does not intend, and undertakes no duty, to update any information contained herein to reflect future events or circumstances, except as required by applicable law. View source version on businesswire.com: https://www.businesswire.com/news/home/20261005927504/en/ Contacts INVESTOR RELATIONS: John Merriwether, (866) 248-3872 [email protected] MEDIA CONTACT: Ryan Noonan, (913) 213-2183 [email protected]

Carnival Corporation Ltd. CCL reported better-than-expected third-quarter fiscal 2026 (ended Aug. 31) results, with both adjusted earnings and revenues surpassing the Zacks Consensus Estimate. Revenues increased on a year-over-year basis, while adjusted earnings remained flat. Carnival delivered all-time-high revenues and net yields in constant currency, supported by continued demand strength and cost discipline. Net yields increased 2.4% year over year in constant currency, more than one percentage point better than the June guidance. Adjusted EBITDA also exceeded the company's June guidance by $110 million despite higher fuel costs. For the quarter under review, the company reported adjusted earnings per share (EPS) of $1.43, beating the Zacks Consensus Estimate of $1.36 by 5.1%. Carnival Corporation price-consensus-eps-surprise-chart | Carnival Corporation Quote Revenues in the quarter totaled $8.44 billion, beating the consensus mark of $8.36 billion by 0.9%. The metric increased 3.5% year over year from $8.15 billion. During the quarter, passenger ticket revenues amounted to $5.53 billion, up 1.8% from $5.43 billion reported in the prior-year quarter. Our estimate for passenger ticket revenues was pegged at $5.6 billion. Onboard and other revenues increased 6.7% to $2.91 billion from $2.72 billion reported in the year-ago quarter. Our estimate for Onboard and other revenues was pegged at $2.79 billion. Gross margin totaled $3.05 billion, almost flat compared with prior-year quarter levels. Gross margin yields declined 1.3% year over year, primarily due to higher fuel prices. Net yields reached an all-time high and increased 2.4% year over year in constant currency. Adjusted EBITDA totaled $2.99 billion, unchanged from the prior-year quarter. Our estimate for the metric was $2.88 billion. Cruise and tour operating expenses totaled $4.63 billion, up 5.5% from $4.39 billion in the year-ago quarter. Fuel expense increased to $615 million from $451 million. Adjusted cruise costs excluding fuel per available lower berth day increased 1.8% in constant currency, one percentage point better than the June guidance. Passenger cruise days totaled 27.9 million compared with 27.5 million in the prior-year quarter. Available lower berth days increased to 24.9 million from 24.6 million. Occupancy was 111.8% compared with 111.7% in the year-ago quarter. Carnival carried 3.9 million passengers, up from 3.8 million a year earlier. Fuel consumption per thousand available lower berth days improved 3.8% year over year to 26.9 metric tons from 28 metric tons. Fuel cost per metric ton consumed, excluding emission allowances, increased to $826 from $607. The company delivered another strong booking performance, with volumes meaningfully ahead of the prior year and far outpacing capacity growth. For full-year fiscal 2027, both booked occupancy and pricing are at record levels. Customer deposits reached a fiscal third-quarter record of $7.64 billion, surpassing the prior-year record by approximately $0.5 billion. Carnival also stated that 2028 bookings started at higher occupancy and pricing levels than the prior year. As of Aug. 31, 2026, cash and cash equivalents were $1.22 billion compared with $1.93 billion as of Nov. 30, 2025. Total debt, including current and long-term debt, declined to $23.91 billion from $26.64 billion over the same period. Cash from operations totaled $1.41 billion in the quarter compared with $1.38 billion in the prior-year quarter. Capital expenditures amounted to $698 million compared with $648 million a year ago. Carnival completed approximately $1.2 billion of share repurchases year to date. The company distributed $204 million in dividends during the third quarter, bringing year-to-date dividend payments to $618 million. For fourth-quarter fiscal 2026, the company expects adjusted EBITDA of approximately $1.30 billion. Adjusted net income is projected at nearly $274 million, while adjusted EPS is expected to be approximately 20 cents. The company expects fiscal 2026 net yields to increase approximately 2.3% year over year in constant currency, 0.5 percentage points better than the June guidance. Adjusted cruise costs excluding fuel per available lower berth day are expected to increase approximately 2.2% in constant currency. For the fiscal fourth quarter, net yields are projected to increase approximately 1.7% in constant currency. For fiscal 2026, CCL expects adjusted EBITDA of approximately $7.14 billion. Adjusted net income is projected to be nearly $3.08 billion, while adjusted EPS is anticipated to be approximately $2.24. Currently, Carnival has a Zacks Rank #3 (Hold). Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC. Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 9.50%, on average. The stock has jumped 48.9% in the year-to-date period. The Zacks Consensus Estimate for LTH's 2026 sales and EPS implies growth of 12.4% and 22.9%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has surged 85% in the year-to-date period. The Zacks Consensus Estimate for Marcus' 2026 sales and EPS indicates growth of 8.3% and 652.9%, respectively, from the year-ago period's levels. AMC Entertainment presently has a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 110.9% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment's 2026 sales and EPS indicates an increase of 14.6% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ZURICH, Aug. 12, 2026 /PRNewswire/ -- Highlights - Three Months Ended June 30, 2026 Net sales $6.4 billion, up 26% largely driven by Berry acquisition and pass through of higher raw material costs Net income $389 million vs. -$39 million prior-year Adjusted EBITDA $1,045 million vs. $789 million prior-year, up 32% Diluted EPS of $0.83 vs. $-0.10 prior-year Adjusted Diluted EPS of $1.23 vs $1.00 prior-year, up 23% Highlights - Fiscal Year Ended June 30, 2026 Net sales $23.5 billion, up 57% largely driven by the Berry acquisition Net income $1,106 million vs. $511 million prior-year Adjusted EBITDA $3,673 million vs. $2,186 million prior-year, up 68% Diluted EPS of $2.38 vs. $1.60 prior-year Adjusted Diluted EPS $4.02 vs. $3.56 prior-year, up 13% Outlook - Six Months Ended December 31, 2026 ('Transition Period') Adjusted Diluted EPS of $1.80 to $1.90 Amcor CEO Peter Konieczny said, "We delivered strong operating performance in the fourth quarter despite a challenging macro environment. We drove broad-based volume growth, while effectively managing unprecedented input cost inflation. Synergy realization came in ahead of plan, while performance in our non-core businesses improved substantially. Looking ahead, we are encouraged by the momentum we see across the business and the greater potential for growth and continued synergy capture following the transformative acquisition of Berry. As we complete the integration and begin to realize our potential as a global leader in consumer packaging, we remain confident in delivering on our medium and long-term commitments." Financial results Three months ended June 30, 2026 Net sales of $6,398 million were 26% higher than last year on a reported basis, including approximately $962 million of acquired sales net of divestitures, which represents growth of approximately 19%. The pass through of movements in raw material costs had a favorable impact of approximately $280 million, which represents growth of approximately 6%, movements in foreign exchange rates had a favorable impact of approximately 2% and the remaining (1%) year-over-year variation reflects the net impact of volumes and price/mix. The Company estimates that volumes were approximately 0.5% higher than estimated combined volumes for the legacy Amcor and legacy Berry businesses in the June quarter last year, excluding non-core and divested businesses. The Company estimates that price/mix had an unfavorable impact of approximately (1%) on comparable prior year net sales, excluding non-core and divested businesses. Adjusted EBIT of $836 million was 37% higher than last year on a reported basis, including approximately $96 million of acquired EBIT net of divestitures, which represents growth of approximately 15%. Movements in foreign exchange rates had a favorable impact of approximately 3% and the remaining 19% year-over-year variation mainly reflects synergy benefits from the Berry acquisition of approximately $100 million and strong execution against initiatives to drive cost and productivity benefits, including in the non-core businesses. GAAP net interest expense was $150 million and GAAP income tax expense was $97 million. Inclusive of acquisition- related financial benefits of approximately $15 million, adjusted net interest expense was $150 million and adjusted tax expense was $116 million representing an effective tax rate of 16.8%. Adjusted net interest expense was $36 million higher than the prior year primarily as a result of increased acquisition related net debt. Twelve months ended June 30, 2026 Net sales of $23,506 million were 57% higher than last year on a reported basis, including approximately $7.9 billion of acquired sales net of divestitures, which represents growth of approximately 52%. The pass through of movements in raw material costs had a favorable impact of approximately $240 million, which represents growth of approximately 2%, movements in foreign exchange rates had a favorable impact of approximately 5% and the remaining (2%) year-over-year variation reflects the net impact of volumes and price/mix. Adjusted EBIT of $2,813 million was 63% higher than last year on a reported basis, including approximately $842 million of acquired EBIT net of divestitures, which represents growth of approximately 49%. Movements in foreign exchange rates had a favorable impact of approximately 4% and the remaining 10% year-over-year variation mainly reflects synergy benefits from the Berry acquisition of approximately $240 million, partly offset by lower volumes. GAAP net interest expense was $610 million and GAAP income tax expense was $181 million. Inclusive of acquisition-related financial benefits of approximately $45 million, adjusted net interest expense was $581 million and adjusted tax expense was $368 million representing an effective tax rate of 16.5%. Free cash flow was $1,303 million after funding approximately $290 million of net transaction, restructuring and integration costs. Net debt was $12,897 million at June 30, 2026. Dividend The Board declared a quarterly cash dividend of 65.0 cents per share today, compared with 63.75 cents per share, declared as 12.75 cents per share before adjusting for the 1-for-5 reverse stock split effected on January 14, 2026. The dividend will be paid in US dollars to holders of Amcor's ordinary shares trading on the NYSE. Holders of CDIs trading on the ASX will receive an unfranked dividend of 92.0 Australian cents per share, which reflects the quarterly dividend of 65.0 cents per share converted at an AUD:USD average exchange rate of 0.7043 over the five trading days ended August 10, 2026. The ex-dividend date will be September 3, 2026 for holders of CDIs trading on the ASX and September 4, 2026 for holders of shares trading on the NYSE. For all shareholders, the record date will be September 4, 2026 and the payment date will be September 24, 2026. Outlook Amcor will have a six-month reporting period from July 1, 2026, through December 31, 2026 ('Transition Period'), as part of transitioning from a previously announced June 30 to December 31 year-end. For the transition period, the Company expects Adjusted EPS of approximately $1.80 to $1.90, and leverage on December 31, 2026 of 3.5x - 3.6x.[1] Outlook does not take into account the impact of potential portfolio optimization actions not announced to date. Outlook contemplates a range of factors, including ongoing geopolitical developments, which create a higher degree of uncertainty and additional complexity when estimating future financial results and actual results could vary materially. Reconciliations of projected non-GAAP measures are not included herein because the individual components are not known with certainty as individual financial statements for the periods referenced have not been completed. Refer to page 14 for further information. Conference Call Amcor is hosting a conference call with investors and analysts to discuss these results on Wednesday August 12, 2026 at 8:00am US Eastern Daylight Time / 10:00pm Australian Eastern Standard Time. Investors are invited to listen to a live webcast of the conference call at our website, www.amcor.com, in the "Investors" section. Those wishing to access the call should use the following toll-free numbers, with the Conference ID : 980769865 USA: 833 461 5787 (toll free) Australia: 1800 849 752 (toll free) United Kingdom: 0808 196 8935 (toll free) Singapore: 1800 408 1721 (toll free) Hong Kong: 800 938 481 (toll free) From all other countries, the call can be accessed by dialing +1 585 542 9983 (toll). A replay of the webcast will also be available in the "Investors" section at www.amcor.com following the call. About Amcor Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enable us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, 75,000 people generate $23 billion in annual sales from operations that span approximately 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMCwww.amcor.com I LinkedIn I YouTube Amcor plc UK Establishment Address: 83 Tower Road North, Warmley, Bristol, England, BS30 8XP, United KingdomUK Overseas Company Number: BR020803Registered Office: 3rd Floor, 44 Esplanade, St Helier, JE4 9WG, JerseyJersey Registered Company Number: 126984, Australian Registered Body Number (ARBN): 630 385 278 Segment information Net sales of $3,525 million were 16% higher than last year on a constant currency basis including approximately $297 million of acquired sales net of divestitures, which represents growth of approximately 10%. The pass through of movements in raw material costs had a favorable impact of approximately $190 million, or 6% on net sales. The Company estimates that volumes for the Global Flexible Packaging Solutions segment were approximately 1% higher compared to volumes for the combined legacy Amcor and Berry businesses in the June quarter last year. Market category highlights included higher volumes in pet food and protein, partly offset by lower volumes in healthcare. By region, volumes in developed markets were higher than the prior year led by North America. Emerging markets continued to see volume growth compared with the prior year, led by Asia. The Company estimates that price/mix had an unfavorable impact of approximately (1%) on comparable prior year net sales. Adjusted EBIT of $533 million was 20% higher than last year on a constant currency basis, reflecting approximately $31 million of acquired EBIT, net of divestitures which represents growth of approximately 7%. The remaining 13% year-over-year growth mainly reflects synergy realization from the Berry acquisition, favorable cost performance and productivity benefits. Net sales of $12,829 million were 24% higher than last year on a constant currency basis including approximately $2.2 billion of acquired sales net of divestitures, which represents growth of approximately 22%. The pass through of movements in raw material costs had a favorable impact of approximately $240 million, or 2% on net sales. Adjusted EBIT of $1,789 million was 26% higher than last year on a constant currency basis, reflecting approximately $250 million of acquired EBIT, net of divestitures which represents growth of approximately 18%. The remaining 8% year-over-year growth mainly reflects synergy benefits from the Berry acquisition, favorable cost performance and productivity benefits. Net sales of $2,873 million were 35% higher than last year on a constant currency basis, including approximately $665 million of acquired sales, which represents growth of approximately 32%. The pass through of movements in raw material costs had a favorable impact of approximately $90 million, or 4% on net sales, and the remaining (1%) year- over-year variation reflects the impact of volumes and price/mix. Excluding non-core businesses, the Company estimates that volumes for the Global Rigid Packaging Solutions segment were approximately 0.5% higher compared with volumes for the combined legacy Amcor and Berry businesses in the June quarter last year. Market category highlights included higher volumes in foodservice and beauty & wellness, partly offset by lower volumes in liquids. By region, volumes in North America were in line with the prior year, higher than the prior year in Europe and modestly lower across emerging markets, primarily Latin America. The Company estimates that price/mix had an unfavorable impact of approximately (1%) on comparable prior year net sales. Adjusted EBIT of $352 million was 57% higher than last year on a constant currency basis, including approximately $52 million of acquired EBIT which represents growth of approximately 24%. The remaining 33% year-over-year variation mainly reflects synergy realization from the Berry acquisition and strong execution against initiatives to drive cost and productivity benefits, including the non-core businesses. Net sales of $10,677 million, were 110% higher than last year on a constant currency basis, including approximately $5.6 billion of acquired sales net of divestitures, which represents growth of approximately 114%, while the remaining (4%) year-over-year variation reflects lower volumes and price/mix. The pass through of movements in raw material costs had no material impact on net sales. Adjusted EBIT of $1,176 million was 161% higher than last year on a constant currency basis, including approximately $635 million of acquired EBIT net of divestitures which represents growth of approximately 146%. The remaining 15% year-over-year variation mainly reflects synergy benefits from the Berry acquisition and cost reduction initiatives, partly offset by lower volumes and lower earnings in non-core businesses. Adjusted EBIT margins of 11.0% were 220 basis points higher than the prior year reflecting the improved quality of the combined business. Cautionary Statement Regarding Forward-Looking Statements Unless otherwise indicated, references to "Amcor," the "Company," "we," "our," and "us" in this document refer to Amcor plc and its consolidated subsidiaries. This document contains certain statements that are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified with words like "believe," "expect," "target," "project," "may," "could," "would," "approximately," "possible," "will," "should," "intend," "plan," "anticipate," "commit," "estimate," "potential," "ambitions," "outlook," or "continue," the negative of these words, other terms of similar meaning, or the use of future dates. Such statements are based on the current expectations of the management of Amcor and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. Neither Amcor nor any of its respective directors, executive officers, or advisors, provide any representation, assurance, or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur or if any of them do occur, what impact they will have on the business, results of operations or financial condition of Amcor. Should any risks and uncertainties develop into actual events, these developments could have a material adverse effect on Amcor's business. Risks and uncertainties that could cause actual results to differ from expectations include, but are not limited to: changes in consumer demand patterns and customer requirements in numerous industries; risk of loss of key customers, a reduction in their production requirements, or consolidation among key customers; significant competition in the industries and regions in which we operate; risk of integrating acquisitions and achieving the financial and other results and benefits anticipated at the time of acquisition; risk that the strategic review of our portfolio may cause disruptions to our business or may not result in completion of a transaction to restructure or divest non-core businesses or may not create additional value for our shareholders; an inability to expand our current business effectively through either organic growth, including product innovation, investments, or acquisitions; challenging global economic conditions, including impacts from the Middle East conflict; impacts of operating internationally; price fluctuations or shortages in the availability of raw materials, energy and other inputs, which could adversely affect our business; production, supply, and other commercial risks, including those resulting from geopolitical conflicts and counterparty credit risks, which may be exacerbated in times of economic volatility; pandemics, epidemics, or other disease outbreaks; an inability to attract, develop, and retain our skilled workforce and manage key transitions; labor disputes and an inability to renew collective bargaining agreements at acceptable terms; physical impacts of climate change; significant disruption at a key manufacturing facility; cybersecurity risks, which could disrupt our operations or risk of loss of our sensitive business information; failures or disruptions in our information technology systems which could disrupt our operations, compromise customer, employee, supplier, and other data; risk that the use of artificial intelligence could adversely affect our business and financial results; risk that the Company's significant indebtedness may limit its flexibility and increase its borrowing costs; rising interest rates that increase our borrowing costs on our variable rate indebtedness and could have other negative impacts; foreign exchange rate risk; a significant write-down of goodwill and/or other intangible assets; a failure to maintain an effective system of internal control over financial reporting; an inability of our insurance policies, including our use of a captive insurance company, to provide adequate protection against all of the key operational risks we face; an inability to defend our intellectual property rights or intellectual property infringement claims against us; litigation, including product liability claims or litigation related to Environmental, Social, and Governance ("ESG") matters, or regulatory developments; increasing scrutiny and changing expectations from investors, customers, suppliers, and governments with respect to our ESG practices and commitments resulting in additional costs or exposure to additional risks; changing ESG government regulations including climate-related rules; changing environmental, health, and safety laws; changes in tax laws or changes in our geographic mix of earnings; and changes in trade policy, including tariff and custom regulations or failure to comply with such regulations. These risks and uncertainties are supplemented by those identified from time to time in our filings with the Securities and Exchange Commission (the "SEC"), including without limitation, those described under Part I, "Item 1A - Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and as updated by our quarterly reports on Form 10-Q. You can obtain copies of Amcor's filings with the SEC for free at the SEC's website (www.sec.gov). Forward-looking statements included herein are made only as of the date hereof and Amcor does not undertake any obligation to update any forward-looking statements, or any other information in this communication, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent, except as expressly required by law. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement. Presentation of non-GAAP information Included in this release are measures of financial performance that are not calculated in accordance with U.S. GAAP. These measures include adjusted EBITDA and EBITDA (calculated as earnings before interest and tax and depreciation and amortization), adjusted EBIT and EBIT (calculated as earnings before interest and tax), adjusted net income, adjusted earnings per share, adjusted free cash flow, and net debt. In arriving at these non-GAAP measures, we exclude items that either have a non-recurring impact on the income statement or which, in the judgment of our management, are items that, either as a result of their nature or size, could, were they not singled out, potentially cause investors to extrapolate future performance from an improper base. Note that while amortization of acquired intangible assets is excluded from non-GAAP adjusted financial measures, the revenue of the acquired entities and all other expenses unless otherwise stated, are reflected in our non-GAAP financial performance earnings measures. While not all inclusive, examples of these items include: material restructuring programs, including associated costs such as employee severance, pension and related benefits, impairment of property and equipment and other assets, accelerated depreciation, termination payments for contracts and leases, contractual obligations, and any other qualifying costs related to restructuring plans; material sales and earnings from disposed or ceased operations and any associated profit or loss on sale of businesses or subsidiaries; changes in the fair value of economic hedging instruments on commercial paper and contingent purchase consideration; pension settlements; impairments in goodwill and equity method investments; material acquisition compensation and transaction costs such as due diligence expenses, professional and legal fees, financing-related expenses; and integration costs; material purchase accounting adjustments for inventory; amortization of acquired intangible assets from business combination; gains or losses on significant property and divestitures and significant property and other impairments, net of insurance recovery; certain regulatory and legal matters; impacts from highly inflationary accounting; expenses related to the Company's CEO and CFO transition; and impacts related to the Russia-Ukraine conflict and conflict in the Middle East. Amcor also evaluates performance on a comparable constant currency basis, which measures financial results assuming constant foreign currency exchange rates used for translation based on the average rates in effect for the comparable prior year period. In order to compute comparable constant currency results, we multiply or divide, as appropriate, current-year U.S. dollar results by the current year average foreign exchange rates and then multiply or divide, as appropriate, those amounts by the prior-year average foreign exchange rates. We then adjust for other items affecting comparability. While not all inclusive, examples of items affecting comparability include the difference between sales or earnings in the current period and the prior period related to disposed, or ceased operations. Comparable constant currency net sales performance also excludes the impact from passing through movements in raw material costs. Management has used and uses these measures internally for planning, forecasting and evaluating the performance of the Company's reporting segments and certain of the measures are used as a component of Amcor's Board of Directors' measurement of Amcor's performance for incentive compensation purposes. Amcor believes that these non-GAAP measures are useful to enable investors to perform comparisons of current and historical performance of the Company. For each of these non-GAAP financial measures, a reconciliation to the most directly comparable U.S. GAAP financial measure has been provided herein. These non-GAAP financial measures should not be construed as an alternative to results determined in accordance with U.S. GAAP. The Company's outlook and guidance do not contemplate the impact of any potential portfolio optimization actions, including acquisitions, divestitures, or other portfolio actions, that have not been publicly announced as of the date of this release. The Company provides guidance on a non-GAAP basis as we are unable to predict with reasonable certainty the ultimate outcome and timing of certain significant forward-looking items without unreasonable effort. These items include but are not limited to the impact of foreign exchange translation, restructuring program costs, asset impairments, possible gains and losses on the sale of assets, certain tax related events, and difficulty in making accurate forecasts and projections in connection with the legacy Berry Global business given recency of access to all relevant information. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP earnings and cash flow measures for the guidance period. Reconciliations of Transition Period projected non-GAAP measures are not included herein because the individual components are not known with certainty as individual financial statements for Transition Period have not been completed. Reverse Stock Split On January 14, 2026, the Company filed an amendment to its memorandum of association to effect a 1-for-5 reverse stock split (the "Reverse Split") of the Company's ordinary shares. The Reverse Split became effective on January 14, 2026 and reduced the number of authorized ordinary shares to 1,800,000,000 and increased the par value of the ordinary shares to $0.05 per share. Accordingly, all share and per share amounts for all prior periods presented in the discussion within this release have been adjusted retroactively, where applicable, to reflect the Reverse Split. Presentation of combined volume performance In order to provide the most meaningful comparison of results of volume performance by region and end market for Amcor plc and for each of its reportable segments, the Company has included commentary to reflect Amcor's estimate of year-over-year volume performance for the three and twelve months ended June 30, 2026 compared with estimated combined volumes for the legacy Amcor and Berry Global businesses for the three and twelve months ended June 30, 2025. The combined volume performance information has been presented for informational purposes and Amcor believes this information reflects the impact of the combination including allocation of volumes across the combined production footprint since May 1, 2025. For the avoidance of doubt, combined volume performance information is not intended to be, and was not, prepared on a basis consistent with pro forma financial information required by Article 11 of Regulation S-X. Dividends Amcor has received a waiver from the ASX's settlement operating rules, which will allow the Company to defer processing conversions between its ordinary share and CDI registers from September 3, 2026 to September 4, 2026 inclusive. View original content:https://www.prnewswire.com/news-releases/amcor-reports-strong-fourth-quarter-and-full-year-results-302849289.html

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Enterprise daily orders grew 8.8% in Q2, driven by broad-based strength in secular markets like data centers, aerospace, and discrete automation. Management intentionally slowed certain productivity initiatives to prioritize service levels and capture higher-than-expected growth, particularly within the AMC segment. AMC organic sales surged over 15%, reflecting successful execution of backlog and market share gains in high-growth sectors. PES performance was hampered by weakness in residential HVAC and pool markets, attributed to a soft housing market and excess channel inventory. IPS growth was led by energy markets and data center demand, though overall segment performance was muted by the roll-off of large mining projects. The company is successfully deleveraging, expecting to reach a net debt leverage ratio below 3x in the second half of 2026. New CEO Aamir Paul emphasized a 'listen and learn' phase focused on leveraging the company's manufacturing scale and strong channel positions. Full-year 2026 sales guidance remains at $6.2 billion, with stronger AMC growth offsetting softer outlooks for PES and IPS. Adjusted EBITDA margin guidance was revised to 22.1% to account for a lag in price realization against inflation and delayed productivity gains. Free cash flow guidance was lowered to $600 million to fund incremental working capital required by the higher growth trajectory in AMC. Management expects a significant step-up in 2027 performance, supported by an IPS shippable backlog that is 20% higher than the prior year's levels. The ePOD modular data center solution is expected to contribute $15 million in revenue in Q4 2026, with a larger ramp anticipated for 2027. Guidance now incorporates $48 million in IEEPA tariff refunds, with $32 million realized in Q2 and $16 million scheduled for the second half. Higher-than-anticipated inflation in material, freight, and energy costs is creating a temporary headwind to margin expansion. Rare earth magnet supply remains a constraint for defense applications due to slow regulatory approval processes, potentially limiting upside in that sector. Section 232 tariff changes caused 'incremental friction' in the PES segment as OEMs delayed orders to reevaluate production plans. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management explained that the gap is primarily due to timing, with a significant portion of current orders tied to long-cycle projects for 2027 delivery. IPS is experiencing a temporary 'air pocket' as old mining projects roll off before new project wins begin shipping next year. CEO Aamir Paul clarified that the company chose to delay certain footprint consolidations to ensure they did not disrupt the accelerating growth curve. The priority is to maintain customer trust and delivery reliability while transitioning the organization into a higher growth mode. The new facility is on schedule and nearly operational, with the first $15 million in revenue expected in Q4 2026. Management expects additional ePOD orders late this year or early next, noting that hyperscalers are seeking modular solutions to accelerate 'time to power'. Management acknowledged a lag in price realization due to contractual mechanisms with channel partners, while inflationary costs are immediate. They expect to remain in a modest price/cost headwind for the second half and expect to be a bit behind on price/cost neutrality by year-end, though they are implementing surcharges and price increases to mitigate the impact.

Mattel, Inc. MAT reported second-quarter 2026 results, with adjusted earnings missing the Zacks Consensus Estimate but net sales surpassing the same. Revenues improved, while the bottom line declined sharply from the prior-year quarter.The company posted adjusted earnings of 1 cent per share, down from 21 cents a year earlier. The figure missed the Zacks Consensus Estimate of 3 cents by 66.7%, as higher advertising, selling and administrative expenses and margin pressure weighed on profitability. Mattel, Inc. price-consensus-eps-surprise-chart | Mattel, Inc. Quote Net sales of $1.13 billion increased 10% year over year and surpassed the consensus mark of $1.08 billion by 4.2%. Growth was led by North America, Vehicles and the Action Figures, Building Sets, Games and Other category. Vehicles gross billings rose 11% in constant currency. North America net sales increased 12% year over year. International net sales advanced 9% as reported and 5% in constant currency, supporting broad-based top-line growth during the quarter.Regional gross billings increased in North America, EMEA and Asia Pacific. North America gross billings rose 12% in constant currency to $613 million, while EMEA increased 7% to $363 million. Latin America was comparable at $165 million, and Asia Pacific advanced 4% to $126 million. Management believes U.S. retailer ordering patterns have now largely stabilized. Worldwide Vehicles gross billings increased 14% as reported and 11% in constant currency to $463 million, primarily driven by Hot Wheels. The company expects Hot Wheels to achieve its ninth consecutive record year, supported by demand from children and adult collectors.Action Figures, Building Sets, Games and Other gross billings surged 35% as reported and 33% in constant currency to $358 million. Growth was reflected in Games, including the contribution from Mattel's 163 digital titles, and Action Figures tied to theatrical releases. Mattel Brick Shop also performed well during the quarter. Dolls gross billings declined 5% as reported and 7% in constant currency to $318 million, primarily due to lower Barbie sales. Weakness in Barbie and Polly Pocket was partly offset by growth in K-Pop Demon Hunters and Disney Princess and Frozen products. Management expects Barbie to return to growth in 2027.Infant, Toddler and Preschool gross billings fell 11% as reported and 13% in constant currency to $128 million, mainly reflecting a decline in Fisher-Price. However, Little People delivered high-double-digit growth, aided by new partnerships. Adjusted gross margin declined 260 basis points year over year to 48.6%. The contraction reflected the gross incremental cost of tariffs, inflation, higher royalties and unfavorable foreign exchange. Contributions from Mattel163, tariff-mitigation efforts and cost savings provided partial offsets.Advertising expenses increased $45.2 million to $124.3 million, reflecting Mattel163, marketing and engagement activities and strategic investments. Adjusted selling and administrative expenses rose 11% to $383.6 million. Consequently, adjusted operating income declined 60% to $38.8 million, while adjusted EBITDA fell to $95.5 million from $170 million. For the first six months of 2026, cash flows used for operating activities were $202.1 million, compared with $275.3 million a year earlier. The improvement reflected more favorable working-capital usage, partly offset by lower net income excluding noncash items.Mattel ended the quarter with $523.9 million in cash and equivalents, $829.8 million in inventories and $2.33 billion in long-term debt. The company repurchased $100 million of shares during the quarter, bringing the year-to-date total to $300 million. Management reaffirmed its 2026 outlook, projecting constant-currency net sales growth of 3% to 6%. Adjusted gross margin is expected to be approximately 50%, while adjusted operating income is forecast between $580 million and $630 million.Mattel continues to expect adjusted earnings of $1.27-$1.39 per share and an adjusted tax rate of approximately 24%. The company also reaffirmed its $400 million share-repurchase target for the year. MAT currently has a Zacks Rank #3 (Hold).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC.Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Life Time Group delivered a trailing four-quarter earnings surprise of 9.5%, on average. The stock has surged 66.6% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.5% and 19.4%, respectively, from the year-ago levels.Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has jumped 100.9% in the year-to-date period.The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 8.3% and 605.9%, respectively, from the year-ago period’s levels.AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 75.7% in the year-to-date period.The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mattel, Inc. (MAT) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wynn Resorts, Limited WYNN reported second-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.Management highlighted healthy demand across the business, including a monthly Adjusted Property EBITDAR record in Las Vegas during May and strong performance in Macau. Wynn Palace led the quarter’s growth, with revenues rising 21.1% and Adjusted Property EBITDAR increasing 28.2% year over year. In the second quarter, the company reported adjusted earnings per share of $1.24, beating the Zacks Consensus Estimate of $1.01 by 22.8%. In the prior-year quarter, Wynn Resorts reported adjusted earnings of $1.09 per share.Quarterly operating revenues of $1.86 billion surpassed the consensus mark of $1.84 billion by 0.9%. The top line increased 6.9% from $1.74 billion reported in the year-ago quarter. Wynn Resorts, Limited price-consensus-eps-surprise-chart | Wynn Resorts, Limited Quote In the second quarter, Wynn Palace’s operating revenues amounted to $653.4 million compared with $539.6 million in the prior-year quarter. Casino revenues increased 25.9% year over year to $564.4 million, while food and beverage revenues rose 4.4% to $31.8 million.Rooms and entertainment, retail and other revenues declined 6% each to $36.2 million and $21.1 million, respectively. Adjusted Property EBITDAR increased to $201.5 million from $157.2 million, with the margin improving to 30.8% from 29.1%.In the VIP segment, table games turnover declined 32% year over year to $2.77 billion. The VIP table games win rate was 2.97% compared with 2.86% in the prior-year quarter and remained below the property’s expected range of 3.1% to 3.4%.Mass-market table drop increased 3% to $1.9 billion, while table games win rose 36.9% to $563.3 million. The mass-market table games win percentage improved to 29.7% from 22.3%. RevPAR declined 5.7% to $216, while occupancy was 98.9%. In the second quarter, Wynn Macau generated operating revenues of $351.1 million compared with $343.8 million reported in the prior-year quarter. Casino revenues increased 2.5% to $300.7 million, while entertainment, retail and other revenues rose 8.7% to $12.7 million.Rooms and food and beverage revenues declined 3.8% and 1.5% to $20.9 million and $16.8 million, respectively. Adjusted Property EBITDAR declined 1% to $95.5 million from $96.5 million.VIP table games turnover fell 56.4% year over year to $428.1 million. The VIP win rate declined to 2.58% from 3.41% and remained below the expected range.Mass-market table drop rose 8.3% to $1.75 billion, and table games win increased 6.9% to $300.2 million. Slot machine handle advanced 18%, while slot machine win climbed 38.6%. RevPAR declined 3.3% to $208. In the second quarter, operating revenues from Las Vegas Operations totaled $643.2 million compared with $638.6 million in the prior-year quarter. Casino revenues increased 6.5% to $158.1 million, while room revenues edged up 0.1% to $208.1 million.Food and beverage revenues rose 0.4% to $195.7 million. Entertainment, retail and other revenues declined 6.9% to $81.2 million. Adjusted Property EBITDAR decreased 8.3% to $215.2 million, with the margin contracting to 33.5% from 36.8%.Table drop increased 4.8% year over year to $638.2 million, while table games win rose 14.8% to $152.7 million. The table games win percentage improved to 23.9% from 21.8%.RevPAR increased 2.5% to $501, while the average daily rate rose 4.9% to $575. Occupancy declined to 87.1% from 89.2% in the year-ago quarter. In the second quarter, Encore Boston Harbor’s operating revenues amounted to $209.3 million compared with $215.7 million in the prior-year quarter. Casino revenues fell 5.9% to $152.1 million.Rooms and food and beverage revenues increased 9.7% and 7.4% to $25.1 million and $20.1 million, respectively. Entertainment, retail and other revenues declined 3.9% to $12 million.Adjusted Property EBITDAR decreased 12.2% to $56.1 million from $63.9 million. The table games win percentage fell to 18.1% from 21.3%.RevPAR increased 9.6% to $412, while the average daily rate rose 9.9% to $445. Occupancy was 92.7% compared with 92.9% in the prior-year quarter. In the second quarter, Adjusted Property EBITDAR totaled $568.3 million compared with $552.4 million in the year-ago quarter. The consolidated margin declined to 30.6% from 31.8%.Operating income increased to $297.6 million from $264.6 million reported in second quarter 2025. Net income attributable to Wynn Resorts rose to $140.1 million from $66.2 million reported in the prior year quarter. As of June 30, 2026, cash and cash equivalents totaled $1.57 billion, excluding $527.4 million of short-term investments held by Wynn Macau. Total current and long-term debt outstanding was $10.72 billion.The company repurchased 741,098 shares for $75 million during the quarter. Wynn Resorts also declared a cash dividend of 25 cents per share, payable Aug. 28, 2026. Wynn Al Marjan Island is expected to open in September 2027. Wynn Resorts currently has a Zacks Rank #4 (Sell).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC. Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 9.50%, on average. The stock has surged 68.3% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.5% and 19.4%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has gained 100.7% in the year-to-date period. The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 8.3% and 605.9%, respectively, from the year-ago period’s levels.AMC Entertainment presently has a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 71.8% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wynn Resorts, Limited (WYNN) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Marriott International, Inc. MAR reported second-quarter 2026 results, with adjusted earnings beating the Zacks Consensus Estimate but revenues missing the same. Adjusted earnings of $3.19 per share surpassed the consensus estimate of $3.06 by 4.2% and increased 20.4% year over year. Revenues of $7,071 million missed the consensus mark of $7,260 million by 2.6% but rose 4.8%. The results benefited from higher fee revenues, room growth and improved worldwide RevPAR, which increased 3.4%. Adjusted net income amounted to $844 million, up 16% from $728 million in the prior-year quarter. Adjusted operating income increased 12% year over year to $1.33 billion. Gross fee revenues totaled $1.58 billion, reflecting an increase of 13% from the year-ago quarter. Franchise fees rose 19% to $1.02 billion, primarily driven by higher co-branded credit card fees, room growth and increased RevPAR. Base management fees were $343 million, up 1% year over year. Incentive management fees increased 6% to $212 million, aided by strong growth in the United States and Canada, partly offset by declines in Europe, the Middle East and Africa. Marriott International, Inc. price-consensus-eps-surprise-chart | Marriott International, Inc. Quote Worldwide comparable systemwide RevPAR increased 3.4% in constant dollars year over year. The upside was backed by a 3.5% increase in average daily rate, while occupancy declined 0.1 percentage points to 71.6%. Comparable systemwide RevPAR in the United States and Canada rose 5%. Average daily rate increased 4.7%, while occupancy improved 0.2 percentage points to 74%. The luxury category led the region, with composite luxury RevPAR advancing 9.1%. International comparable systemwide RevPAR declined 0.5%. Europe RevPAR rose 4.2%, while Greater China and Asia Pacific excluding China increased 3.2% and 5.3%, respectively. Caribbean and Latin America RevPAR gained 3%. Middle East and Africa RevPAR fell 33.1%, reflecting conflict-related headwinds. Occupancy in the region declined 15.8 percentage points, while average daily rate decreased 12.1%. General and administrative expenses totaled $220 million compared with $210 million in the prior-year quarter. The increase reflected higher compensation costs, partly driven by timing. Depreciation, amortization and other expenses increased to $115 million from $53 million. The rise primarily resulted from a $68 million impairment charge related to the sale of a U.S. and Canada hotel. Adjusted operating margin expanded to 66% from 65% a year ago. Adjusted EBITDA amounted to $1.59 billion, up 13% from $1.42 billion in the second quarter of 2025. At the end of the second quarter, Marriott's total debt was $16.9 billion compared with $16.2 billion at the end of 2025. Cash and equivalents totaled $0.5 billion, up from $0.4 billion at the end of 2025. The company repurchased 3 million shares for $1.1 billion during the quarter. Year to date through July 29, 2026, Marriott repurchased 6.2 million shares for $2.2 billion. The company returned approximately $2.6 billion to shareholders through dividends and share repurchases during the same period. Marriott added roughly 17,900 net rooms during the quarter, including approximately 11,000 net rooms in international markets. Net rooms grew 4.5% from the end of the second quarter of 2025. At quarter-end, the company's global system comprised more than 10,000 properties and nearly 1.81 million rooms. Marriott Bonvoy membership exceeded 295 million. The worldwide development pipeline reached a record 4,186 properties and approximately 629,000 rooms. The pipeline included 1,757 properties with more than 279,000 rooms under construction. Conversions remained an important growth driver, representing more than one-third of signings and 40% of openings in the first half of 2026. For the third quarter of 2026, Marriott expects worldwide RevPAR growth of 3.5-4%. Gross fee revenues are projected between $1.47 billion and $1.48 billion. Adjusted EBITDA is anticipated in the range of $1.44-$1.47 billion. Adjusted earnings are expected between $2.74 and $2.82 per share. For 2026, management raised its worldwide RevPAR growth forecast to 3-3.5%. Gross fee revenues are expected between $6.03 billion and $6.06 billion, while adjusted EBITDA is projected in the range of $5.97-$6.03 billion. The company expects adjusted earnings of $11.64-$11.81 per share. Net room growth is anticipated at the low end of the 4.5-5% range, while capital returns to shareholders are projected to exceed $4.5 billion. MAR currently has a Zacks Rank #3 (Hold). Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC. Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 69.6% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has gained 87.6% in the year-to-date period. The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.3% and 211.8%, respectively, from the year-ago period’s levels. AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 80.8% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Live Nation Entertainment, Inc. LYV reported second-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased year over year.Live Nation’s performance benefited from strong global demand for live events, record second-quarter attendance and solid Ticketmaster growth. International markets supported expansion across the company’s operating segments, while concert profitability was affected by show timing and venue investments. The company reported earnings of $1.05 per share, which surpassed the Zacks Consensus Estimate of 59 cents by 77.97%. The figure increased 156.1% from 41 cents reported in the year-ago quarter. Live Nation Entertainment, Inc. price-consensus-eps-surprise-chart | Live Nation Entertainment, Inc. Quote Revenues of $7.67 billion beat the consensus mark of $7.53 billion by 1.8%. The top line increased 9.4% year over year. Operating income rose 7.2% to $521.9 million, while adjusted operating income increased 2.3% to $817 million. Concerts: Segmental revenues totaled $6.44 billion, up 8.4% year over year. Fan count increased 10% to nearly 49 million, marking the company’s highest second-quarter attendance. International attendance at stadiums, arenas and festivals increased more than 20%.Concerts adjusted operating income declined 13.7% to $309.6 million. Results were affected by the timing of stadium shows, venue pre-opening costs and investments in new international festivals. Event-related deferred revenues rose 25% to a record $6.4 billion.Ticketing: Revenues amounted to $852.2 million, up 14.7% from the prior-year quarter. Adjusted operating income increased 14.1% to $331 million.Ticketmaster sold 90 million fee-bearing tickets, up 8%. Concert ticket volume advanced 11% and accounted for 90% of the overall ticket-volume increase. Fee-bearing gross transaction value rose 15% to more than $10 billion, while deferred service-fee revenues increased 23% to $390 million.Sponsorship & Advertising: Revenues totaled $383 million, up 12.5% year over year. Adjusted operating income increased 12.9% to $256.9 million.International markets and the expanding venue and festival portfolio supported growth. The number of strategic partners generating more than $1 million in annual revenues increased more than 20%. The company had booked 95% of its 2026 sponsorship commitments. Live Nation’s cash and cash equivalents totaled $9.07 billion as of June 30, 2026, up from $7.09 billion at the end of 2025. Deferred revenues increased to $7.33 billion from $4.46 billion over the same period.For the six months ended June 30, 2026, net cash provided by operating activities was $2.76 billion compared with $1.54 billion in the prior-year period. Purchases of property, plant and equipment totaled $598.5 million, up from $434.2 million a year earlier. The company expects full-year fan attendance to increase 10%. Attendance at operated venues is projected to grow at a double-digit rate, while attendance at third-party venues is expected to rise at a high-single-digit pace.Concerts revenues and adjusted operating income are expected to increase at a double-digit rate, with most of the year-over-year profit improvement anticipated in the fourth quarter. Ticketmaster adjusted operating income is projected to grow at a mid-single-digit rate, while Sponsorship adjusted operating income is expected to advance double digits.Live Nation expects full-year capital expenditures of $1.1 billion, toward the lower end of its initial range. Approximately $800 million is allocated to venue expansion and enhancement projects. The pipeline includes more than 25 large venues scheduled to open through 2027, providing capacity for 15 million incremental fans on a run-rate basis. Live Nation currently carries a Zacks Rank #5 (Strong Sell).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC.Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 66.3% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 40.4%, on average. The stock has gained 91.5% in the year-to-date period.The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.2% and 211.8%, respectively, from the year-ago period’s levels.AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 77.6% in the year-to-date period.The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in AMC Networks Inc.? Here are five stocks we like better. AMC Networks raised its 2026 outlook after signing a five-year, $500 million co-exclusive Netflix licensing deal covering all seven The Walking Dead series. The company expects roughly $200 million to $225 million in related revenue recognition this year, while the original series returns to AMC+ in January. Second-quarter revenue fell 9% year over year to $547 million and adjusted operating income was $46 million, though free cash flow reached $43 million. Updated full-year guidance calls for revenue of $2.4 billion to $2.45 billion, adjusted operating income of $410 million to $420 million and free cash flow of approximately $220 million. Domestic operations remained pressured by a 17% decline in affiliate revenue and lower advertising, despite 6% streaming-revenue growth driven by price increases. AMC ended the quarter with $464 million in cash, approximately $1.3 billion in net debt and a 4.1-times net leverage ratio. Trending Stocks: How to Spot, Trade, and Profit Safely AMC Networks (NASDAQ:AMCX), which referred to itself as AMC Global Media during its second-quarter 2026 earnings call, raised its full-year outlook after announcing a five-year global co-exclusive streaming licensing agreement with Netflix for the entire The Walking Dead universe. The agreement covers all seven series and 371 episodes in the franchise, with total contracted license fees of $500 million. Chief Executive Officer Kristin Dolan said the arrangement expands the company’s relationship with Netflix while allowing the original The Walking Dead series to return to AMC+ for the first time. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now “This new agreement highlights the strength of our studio model and ability of our owned IP to create long-term value,” Dolan said. Chief Financial Officer Hozefa Lokhandwala said Netflix will make quarterly cash payments on a title-by-title basis during the license period. The company expects to receive approximately $25 million in cash payments in 2026, about $100 million annually from 2027 through 2030, and the remainder in 2031. → 3 Value ETFs to Consider as Growth Stocks Lag Behind AMC expects to recognize roughly $445 million in revenue over the life of the agreement, reflecting the present value of future payments under accounting rules. Approximately $200 million to $225 million of that revenue is expected to be recognized in each of 2026 and 2027. Lokhandwala described the licensing arrangement as a high-margin content licensing deal but did not disclose a specific adjusted operating income margin. He noted that the contractual cash-payment schedule creates a timing difference between revenue recognition and cash collection. → 5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest? In response to questions about the deal’s structure, Dolan said the company had engaged with major industry participants and chose a co-exclusive model rather than placing all rights with a single exclusive service. She said Netflix’s existing relationship with the franchise, combined with the ability to offer the property globally, helped make it the right partner. Kim Kelleher, president and chief commercial officer, said the company had spent years aligning international rights for the franchise ahead of the agreement. The original series is expected to return to AMC+ in January. Second-quarter consolidated revenue fell 9% year over year to $547 million, while adjusted operating income, or AOI, was $46 million. Lokhandwala said the result represented the expected low point for the year, reflecting the timing of licensing revenue as well as elevated marketing and investment spending related to series premieres. Free cash flow totaled $43 million in the quarter, bringing first-half free cash flow to $108 million. The company raised its 2026 outlook, now expecting: Consolidated revenue of $2.4 billion to $2.45 billion. Adjusted operating income of $410 million to $420 million. Free cash flow of approximately $220 million. Domestic content licensing revenue of $460 million to $485 million. A roughly 3% year-over-year decline in domestic subscription revenue. The updated revenue guidance includes the expected $200 million to $225 million of 2026 licensing revenue from the Netflix agreement. However, the company also cited slower-than-anticipated subscriber acquisition during the first half of the year. Dolan said geopolitical events and prominent sports programming captured an outsized share of consumer attention, while also pointing to the World Cup as a factor affecting businesses globally. Domestic operations revenue declined 11% to $470 million. Subscription revenue decreased 5%, as 6% streaming-revenue growth was more than offset by a 17% decline in affiliate revenue. Streaming growth was primarily driven by price increases across the company’s services. Management expects the rate of affiliate-revenue decline to improve during the second half as new distribution agreements and contractual changes take effect. Over the past 12 months, the company renewed agreements with four of the five largest domestic multichannel video programming distributors: Comcast, DirecTV, Dish and YouTube. The new long-term YouTube agreement includes distribution for seven streaming services, five linear networks, several FAST channels and potential future placement of networks in YouTube TV genre packages. AMC+ and ALLBLK have generated 2.3 million activations through hard-bundled arrangements with Charter and Philo, and DirecTV recently added AMC+ to its entertainment genre package. Domestic advertising revenue was affected by a one-time, now-resolved system integration issue. Excluding that impact, advertising revenue declined by a mid-single-digit percentage because of lower ratings and marketplace pricing, partly offset by digital advertising growth. International revenue rose 4% to $79 million, or approximately 2% excluding favorable foreign-currency translation. International advertising revenue increased 11% excluding currency effects, which the company attributed primarily to advertising outperformance in the fourth quarter of 2025. Dolan highlighted improving engagement across the streaming portfolio, including a sequential improvement in retention and a double-digit increase in engagement during the second quarter despite price increases. She also cited Acorn TV’s renewed focus on international crime dramas and mysteries, with Art Detectives renewed for a second season and Inspector Ellis returning with viewership gains. On the linear side, the majority of the company’s networks recorded sequential prime-time ratings growth, led by a 21% gain at WE tv. TNA Wrestling’s Thursday Night Impact reached an all-time ratings high earlier in the month, according to Dolan. The company renewed Anne Rice’s Interview with the Vampire for a fourth season and plans to begin production next month on Thunder Road, a multigenerational racing drama starring Dennis Quaid and produced with NASCAR. AMC ended the quarter with approximately $464 million in cash and net debt of about $1.3 billion. During the quarter, it repaid its remaining Term Loan A and terminated its credit facility. About three-quarters of its total debt is not due until July 2032, and its consolidated net leverage ratio stood at 4.1 times at quarter-end. AMC Networks Inc (NASDAQ: AMCX) is a global entertainment company that specializes in the development, production and distribution of premium content for television and streaming platforms. Headquartered in New York City, the company operates a portfolio of pay television channels in the U.S. and abroad, and offers direct-to-consumer streaming services that feature both original programming and licensed fare. AMC Networks is best known for critically acclaimed series such as “Breaking Bad,” “Mad Men” and “The Walking Dead,” and it continues to invest in new scripted and unscripted content across a range of genres. The company's core television networks in the United States include AMC, IFC, Sundance TV and WE tv, while its joint venture with BBC Studios supports BBC America. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "AMC Networks Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.