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Earnings documents stored for CNK.
Investor releaseQuarter not tagged2026-08-12Cinemark Announces Quarterly Cash Dividend and Addition to Board of Directors
Business Wire
Cinemark Announces Quarterly Cash Dividend and Addition to Board of Directors
Declares quarterly cash dividend of $0.09 Appoints Lawrence Burian to Board of Directors PLANO, Texas, August 12, 2026--(BUSINESS WIRE)--Cinemark Holdings, Inc. ("Cinemark") (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per share of common stock. The dividend will be paid on September 9, 2026, to stockholders of record on August 26, 2026. Also announced today, Lawrence Burian has been elected as a Class II director of Cinemark Holdings, Inc. Board of Directors, effective immediately. With Mr. Burian’s appointment, the Board has expanded to 12 members as part of its ongoing succession planning efforts. "We are pleased to welcome Lawrence to Cinemark's Board of Directors," said Carlos Sepulveda, Chairman of the Board. "His diverse leadership experience, strategic insight and governance expertise make him a valuable addition to the Board. As part of our ongoing commitment to thoughtful board refreshment and succession planning, we seek directors whose backgrounds complement the Company's long-term objectives, and Lawrence's experience across media, entertainment, capital markets and corporate development aligns well with those priorities." Mr. Burian, 56, is a seasoned executive with more than three decades of leadership experience and a proven track record of driving growth and strategic transformation across global sports, media and entertainment organizations. He brings extensive expertise in operations, strategy, corporate governance, corporate development, mergers and acquisitions, legal affairs, capital markets and real estate. He currently serves as Chief Executive Officer and Board Director of PRG, a leading global provider of entertainment and live event technology solutions. Prior to that, he served as Chief Operating Officer of LIV Golf, where he oversaw a broad portfolio of business functions. During his tenure, he helped drive significant revenue growth, expand global media distribution, advance digital transformation initiatives and support the organization's international expansion. Prior to LIV Golf, Mr. Burian founded LJB Ventures, LLC, an advisory firm serving private equity and venture capital-backed sports and entertainment growth-oriented companies. Earlier in his career, he held leadership positio…Read full documentShow less
Declares quarterly cash dividend of $0.09 Appoints Lawrence Burian to Board of Directors PLANO, Texas, August 12, 2026--(BUSINESS WIRE)--Cinemark Holdings, Inc. ("Cinemark") (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per share of common stock. The dividend will be paid on September 9, 2026, to stockholders of record on August 26, 2026. Also announced today, Lawrence Burian has been elected as a Class II director of Cinemark Holdings, Inc. Board of Directors, effective immediately. With Mr. Burian’s appointment, the Board has expanded to 12 members as part of its ongoing succession planning efforts. "We are pleased to welcome Lawrence to Cinemark's Board of Directors," said Carlos Sepulveda, Chairman of the Board. "His diverse leadership experience, strategic insight and governance expertise make him a valuable addition to the Board. As part of our ongoing commitment to thoughtful board refreshment and succession planning, we seek directors whose backgrounds complement the Company's long-term objectives, and Lawrence's experience across media, entertainment, capital markets and corporate development aligns well with those priorities." Mr. Burian, 56, is a seasoned executive with more than three decades of leadership experience and a proven track record of driving growth and strategic transformation across global sports, media and entertainment organizations. He brings extensive expertise in operations, strategy, corporate governance, corporate development, mergers and acquisitions, legal affairs, capital markets and real estate. He currently serves as Chief Executive Officer and Board Director of PRG, a leading global provider of entertainment and live event technology solutions. Prior to that, he served as Chief Operating Officer of LIV Golf, where he oversaw a broad portfolio of business functions. During his tenure, he helped drive significant revenue growth, expand global media distribution, advance digital transformation initiatives and support the organization's international expansion. Prior to LIV Golf, Mr. Burian founded LJB Ventures, LLC, an advisory firm serving private equity and venture capital-backed sports and entertainment growth-oriented companies. Earlier in his career, he held leadership positions across Madison Square Garden Sports, MSG Networks, MSG Entertainment and Cablevision Systems Corporation, and he began his career as an associate in the mergers and acquisitions practice at Davis Polk & Wardwell. About Cinemark Holdings, Inc.: Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in Plano, Texas, Cinemark makes every day cinematic for moviegoers across nearly 500 theaters and more than 5,500 screens, operating in 42 states in the U.S. (301 theaters; 4,219 screens) and 13 South and Central American countries (194 theaters; 1,401 screens). Cinemark offers guests superior sight and sound technology, including Barco laser projection and Cinemark XD, the world’s No. 1 exhibitor-branded premium large format; industry-leading penetration of upscale amenities such as expanded food and beverage offerings, Luxury Lounger recliners and D-BOX motion seats; top-notch guest service; and award-winning loyalty programs such as Cinemark Movie Club. All of this creates an immersive environment for a shared, entertaining escape, underscoring that there is no place more cinematic than Cinemark. For more information go to https://ir.cinemark.com. Forward-looking Statements Certain matters within this press release include "forward–looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify forward-looking statements by the use of words such as "may," "should," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future" and "intends" and similar expressions which are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict. Such risks and uncertainties could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. These forward-looking statements are based on information currently available as well as management’s assumptions and beliefs today. For a description of these factors, please review the "Risk Factors" section or other sections in the Company’s Annual Report on Form 10-K filed February 18, 2026, and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. All forward-looking statements are expressly qualified in their entirety by such risk factors. Forward-looking statements contained in this press release reflect our view only as of the date of this press release. We undertake no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20260812693893/en/ Contacts Investor Contact:Chanda [email protected] Media Contact:Caitlin [email protected]
Investor releaseQuarter not tagged2026-07-31Cinemark Q2 Earnings Call Highlights
MarketBeat
Cinemark Q2 Earnings Call Highlights
Interested in Cinemark Holdings Inc? Here are five stocks we like better. Cinemark delivered record second-quarter results, with revenue surpassing $1 billion, adjusted EBITDA reaching $294 million and nearly $300 million in free cash flow. The company also set quarterly records for admissions, concessions, per-capita spending and loyalty transactions. Management cited a strong film slate, premium-format expansion and nontraditional content—including creator-led, anime and foreign-language releases—as drivers of attendance and future growth. Cinemark also sees potential benefits from studios honoring 45-day theatrical exclusivity windows. Cinemark reported growing engagement among younger moviegoers, with attendance frequency for audiences under 25 up about 20% year over year, while merchandise sales reached a record $25 million. Capital-allocation priorities remain balance-sheet strength, disciplined investments and returning excess cash to shareholders. A Prada Payday: Is AMC Back in Style? Cinemark (NYSE:CNK) reported what President and CEO Sean Gamble described as a historic second quarter, with worldwide quarterly revenue exceeding $1 billion for the first time and adjusted EBITDA reaching a record $294 million. The company said its adjusted EBITDA margin was 27.1%, its second-highest quarterly margin on record and 10 basis points below its all-time high. Cinemark also generated nearly $300 million of free cash flow, spent more than $60 million on capital expenditures and returned capital to shareholders through share repurchases and its dividend. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Box Office Revival: 3 Movie Theater Stocks Making a Comeback Gamble said results reflected a favorable film slate, investments in consumer offerings, revenue initiatives and operating leverage. The company set quarterly records in admissions revenue, concession sales and per-capita spending, premium-amenity performance and loyalty transactions worldwide, according to Gamble. During the question-and-answer session, Gamble said film performance helped ease some anticipated capacity constraints during the quarter. While releases were sometimes clustered, films including Backrooms and Obsession faced less competition earlier in the quarter than expected. → Microsoft Just Flipped the AI Spending Narrative Overnight Big Screen Stock Soars on Blockbuster Q2 Ea…Read full documentShow less
Interested in Cinemark Holdings Inc? Here are five stocks we like better. Cinemark delivered record second-quarter results, with revenue surpassing $1 billion, adjusted EBITDA reaching $294 million and nearly $300 million in free cash flow. The company also set quarterly records for admissions, concessions, per-capita spending and loyalty transactions. Management cited a strong film slate, premium-format expansion and nontraditional content—including creator-led, anime and foreign-language releases—as drivers of attendance and future growth. Cinemark also sees potential benefits from studios honoring 45-day theatrical exclusivity windows. Cinemark reported growing engagement among younger moviegoers, with attendance frequency for audiences under 25 up about 20% year over year, while merchandise sales reached a record $25 million. Capital-allocation priorities remain balance-sheet strength, disciplined investments and returning excess cash to shareholders. A Prada Payday: Is AMC Back in Style? Cinemark (NYSE:CNK) reported what President and CEO Sean Gamble described as a historic second quarter, with worldwide quarterly revenue exceeding $1 billion for the first time and adjusted EBITDA reaching a record $294 million. The company said its adjusted EBITDA margin was 27.1%, its second-highest quarterly margin on record and 10 basis points below its all-time high. Cinemark also generated nearly $300 million of free cash flow, spent more than $60 million on capital expenditures and returned capital to shareholders through share repurchases and its dividend. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Box Office Revival: 3 Movie Theater Stocks Making a Comeback Gamble said results reflected a favorable film slate, investments in consumer offerings, revenue initiatives and operating leverage. The company set quarterly records in admissions revenue, concession sales and per-capita spending, premium-amenity performance and loyalty transactions worldwide, according to Gamble. During the question-and-answer session, Gamble said film performance helped ease some anticipated capacity constraints during the quarter. While releases were sometimes clustered, films including Backrooms and Obsession faced less competition earlier in the quarter than expected. → Microsoft Just Flipped the AI Spending Narrative Overnight Big Screen Stock Soars on Blockbuster Q2 Earnings He said future market-share performance will depend partly on how the content mix resonates with Cinemark audiences and whether major releases become more concentrated on the calendar. Gamble noted that the company may encounter more periods with several large films opening close together during the second half of the year. Cinemark also cited the expansion of theatrical exclusivity windows as a positive industry development. Gamble said studios began honoring commitments to 45-day windows during the second quarter, though he said it was too early to determine the long-term consumer impact. → Carrier Earnings Could Send the Stock to a New All-Time High “We certainly expect that the 45-day window—we’re optimistic about the positive benefits that will yield,” Gamble said, adding that more time will be needed for the changes to become fully established with moviegoers. The company is looking for continued momentum in the near term from Spider-Man: Brand New Day and The Odyssey, Gamble said. Cinemark said it continues to see room to expand premium formats and motion-seat offerings, although Gamble noted that enhanced amenities account for only about 15% of overall box office. During the first half of 2026, the company added seven XD auditoriums, 12 ScreenX locations, two IMAX locations, three 70 mm projectors and 112 D-BOX auditoriums. Globally, Cinemark has about 350 premium large-format screens, including XD, IMAX and ScreenX, and roughly 660 auditoriums with D-BOX installed, Gamble said. He noted that D-BOX has fewer installation limitations because it can be deployed across a few rows in an auditorium. Management also highlighted creator-led, anime, faith-based and foreign-language content as potential sources of incremental theatrical supply. Gamble said these releases can help fill gaps in the calendar and attract audiences that may not otherwise attend theaters. He pointed to titles including Iron Lung, Obsession, Backrooms, Sam and Colby and Critical Role as examples of nontraditional content that has found success. Such projects can benefit from established connections between creators and their audiences, as well as word-of-mouth that can broaden their appeal, he said. Gamble said the company is seeing healthy growth in younger moviegoers, with attendance frequency among audiences under age 25 up about 20% year over year, based on his estimate. He said younger consumers are finding the theatrical experience differentiated and communal despite having grown up with personal devices. Cinemark is seeking to reach these audiences through studio marketing partnerships, social and digital channels and influencer networks. Gamble said the company’s “It’s Show Time” brand campaign, launched late last year, was designed in part to connect with younger consumers. The company has reached 40 million addressable customers globally, Gamble said. Management views those customer relationships as a way to communicate with new guests after their initial visit and encourage repeat attendance through personalized and customized offers. Chief Financial Officer Melissa Thomas said Cinemark has not observed indications that macroeconomic pressures have materially affected moviegoing. She said consumer behavior continues to be driven more by the strength of the film slate than by economic cycles, including decisions involving premium-format upgrades, concessions and merchandise. Merchandise sales reached a record $25 million in the quarter, Thomas said. She attributed the result to film demand, consumer interest and initiatives involving product assortments, targeted allocations and inventory optimization. Management believes merchandise remains an opportunity for longer-term concession per-capita growth. Thomas said attendance and box office remain the largest drivers of operating leverage, while pricing, premium-format penetration, concessions and merchandise are additional areas where the company sees runway. About 40% of Cinemark’s cost structure is fixed, she said, providing leverage as attendance rises. In Latin America, the company recorded all-time-high adjusted EBITDA and margin, according to management. Thomas said international performance is influenced by attendance, market share, ticket prices, concession spending, inflation, foreign-exchange movements and labor dynamics. Unlike the U.S. business, lease expenses in international markets are more variable, she said. Management said the year-over-year difference in attendance growth between domestic and international markets during the second quarter was primarily a comparison effect, with recovery rates relative to 2019 remaining close between the two regions. Gamble added that the World Cup may have had some impact in the third quarter as knockout rounds progressed, particularly when Latin American teams advanced, but said the effect did not appear material. On capital allocation, Thomas said Cinemark’s priorities remain maintaining a strong balance sheet, investing in accretive opportunities—including potential mergers and acquisitions—and returning excess capital to shareholders. Gamble said the company will remain disciplined in evaluating new builds and acquisitions, focusing on assets and projects that it believes can generate solid long-term returns. Cinemark Holdings, Inc (NYSE: CNK) is a leading theatrical exhibitor that acquires, develops and operates motion picture theatres under the Cinemark® brand in the United States and Latin America. The company's core business involves the presentation of first-run feature films coupled with an array of in‐theatre services, including concessions, premium auditoriums and loyalty programs. Cinemark's exhibition portfolio encompasses both corporate‐owned and franchised complexes, offering moviegoers a range of experiences from standard screens to large‐format halls. The company's product offerings extend beyond ticket sales to include an assortment of concession items, such as popcorn, fountain beverages, candy and specialty snacks, as well as bar and lounge concepts in select locations. 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 "Cinemark Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.
Investor releaseQuarter not tagged2026-07-31Is Cinemark Holdings (CNK) Fully Valued After Record Q2 Results And Its Buyback?
Simply Wall St.
Is Cinemark Holdings (CNK) Fully Valued After Record Q2 Results And Its Buyback?
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Cinemark Holdings (CNK) has just released its second quarter 2026 results, reporting quarterly revenue of US$1,086.4 million and net income of US$139.4 million, alongside the completion of a US$100.49 million share repurchase program. See our latest analysis for Cinemark Holdings. Cinemark Holdings shares have reacted strongly to the record second quarter and completed buyback, with a 1 day share price return of 3.61% and a 90 day share price return of 30.88%. The 5 year total shareholder return of 140.07% sits alongside a 36.28% total shareholder return over the past year, which suggests recent momentum has been building on an already strong longer term outcome. If the recent move in Cinemark has you thinking more broadly about opportunities, this could be a useful moment to broaden your research and check out 19 top founder-led companies Bulls see Cinemark Holdings as a record breaking cash generator after this quarter and buyback, while bears focus on how much of that is already reflected in the price. Which side does the current valuation appear to favor next? The most followed narrative currently places Cinemark Holdings fair value at $35.18, slightly below the last close at $36.15, so expectations are finely balanced around the current price. Read the complete narrative. Want to see what sits behind that confidence in Cinemark Holdings fair value? The narrative leans heavily on specific revenue, margin and earnings paths that are anything but generic. Result: Fair Value of $35.18 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Cinemark Holdings still faces key risks if box office pipelines weaken or consumer habits tilt further toward streaming, which could pressure attendance and margins. Find out about the key risks to this Cinemark Holdings narrative. The community narrative suggests Cinemark Holdings is modestly overvalued around a fair value of $35.18. Our DCF model points in a different direction. It estimates a future cash flow value of $54.99 per share, which implies the stock is trading at a sizeable discount to those cash flows. Which interpretation do you think better reflects the risks and rewards involved? Look into how the SWS DCF model arrives at its fair value. Simply W…Read full documentShow less
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Cinemark Holdings (CNK) has just released its second quarter 2026 results, reporting quarterly revenue of US$1,086.4 million and net income of US$139.4 million, alongside the completion of a US$100.49 million share repurchase program. See our latest analysis for Cinemark Holdings. Cinemark Holdings shares have reacted strongly to the record second quarter and completed buyback, with a 1 day share price return of 3.61% and a 90 day share price return of 30.88%. The 5 year total shareholder return of 140.07% sits alongside a 36.28% total shareholder return over the past year, which suggests recent momentum has been building on an already strong longer term outcome. If the recent move in Cinemark has you thinking more broadly about opportunities, this could be a useful moment to broaden your research and check out 19 top founder-led companies Bulls see Cinemark Holdings as a record breaking cash generator after this quarter and buyback, while bears focus on how much of that is already reflected in the price. Which side does the current valuation appear to favor next? The most followed narrative currently places Cinemark Holdings fair value at $35.18, slightly below the last close at $36.15, so expectations are finely balanced around the current price. Read the complete narrative. Want to see what sits behind that confidence in Cinemark Holdings fair value? The narrative leans heavily on specific revenue, margin and earnings paths that are anything but generic. Result: Fair Value of $35.18 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Cinemark Holdings still faces key risks if box office pipelines weaken or consumer habits tilt further toward streaming, which could pressure attendance and margins. Find out about the key risks to this Cinemark Holdings narrative. The community narrative suggests Cinemark Holdings is modestly overvalued around a fair value of $35.18. Our DCF model points in a different direction. It estimates a future cash flow value of $54.99 per share, which implies the stock is trading at a sizeable discount to those cash flows. Which interpretation do you think better reflects the risks and rewards involved? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Cinemark Holdings for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 56 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. Given the mix of optimism and concern around Cinemark Holdings right now, it can be useful to review the underlying data yourself, then weigh up the 2 key rewards and 3 important warning signs If Cinemark Holdings has sharpened your focus, you can use this momentum to widen your search with data driven stock ideas tailored to different investing styles. Target potential value opportunities before they are crowded by checking companies screened as 56 high quality undervalued stocks. Prioritize capital preservation and steadier journeys by reviewing stocks highlighted in the 89 resilient stocks with low risk scores. Hunt for under-the-radar opportunities that others may be overlooking through the screener containing 20 high quality undiscovered gems. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CNK. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]
Investor releaseQuarter not tagged2026-07-31Mattel Gears Up for Q2 Earnings: Here's What Could Drive Results
Zacks
Mattel Gears Up for Q2 Earnings: Here's What Could Drive Results
Mattel, Inc. MAT is scheduled to report second-quarter 2026 results on Aug. 4, after the closing bell. MAT’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average negative surprise being 1.6%. The Zacks Consensus Estimate for second-quarter earnings per share is pegged at 3 cents, down 84.2% year over year. For revenues, the consensus mark is pegged at $1.08 billion. The metric indicates a gain of 6% from the year-ago quarter’s figure. Mattel’s second-quarter 2026 top line is likely to have benefited from sustained strength in several high-performing brands and healthy consumer demand. Hot Wheels is expected to have remained a key growth engine, supported by continued momentum in vehicles, while UNO, Monster High, Masters of the Universe and the recently launched Mattel Brick Shop are likely to have contributed meaningfully. Partner brands such as Toy Story and WWE, along with expanding digital game licensing revenue and the consolidation of Mattel163, are also expected to have provided incremental sales support. Management noted that consumer demand remained healthy, the toy industry continued to expand, and second-quarter sales trends had accelerated from the first quarter. Another driver of second-quarter revenue is likely to have been the improving retailer ordering patterns in North America after prior disruptions, coupled with continued strength across international markets. The company expects North America to return to growth as retailer inventory movements normalize, while shipments are anticipated to have accelerated during the quarter. Upcoming entertainment releases, particularly the Masters of the Universe movie and related product launches, robust demand for Mattel Brick Shop, expanding action figures and games and ongoing investments in digital gaming and brand-led initiatives are also expected to have supported revenue growth. Mattel’s bottom line in the second quarter is likely to have remained under pressure from elevated tariff-related costs, inflation and unfavorable foreign exchange movements, even though management expects sequential gross margin improvement. Higher spending on strategic growth initiatives, including digital games, technology and infrastructure, along with increased advertising and marketing investments tied to product launches and entertainment initiatives, m…Read full documentShow less
Mattel, Inc. MAT is scheduled to report second-quarter 2026 results on Aug. 4, after the closing bell. MAT’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average negative surprise being 1.6%. The Zacks Consensus Estimate for second-quarter earnings per share is pegged at 3 cents, down 84.2% year over year. For revenues, the consensus mark is pegged at $1.08 billion. The metric indicates a gain of 6% from the year-ago quarter’s figure. Mattel’s second-quarter 2026 top line is likely to have benefited from sustained strength in several high-performing brands and healthy consumer demand. Hot Wheels is expected to have remained a key growth engine, supported by continued momentum in vehicles, while UNO, Monster High, Masters of the Universe and the recently launched Mattel Brick Shop are likely to have contributed meaningfully. Partner brands such as Toy Story and WWE, along with expanding digital game licensing revenue and the consolidation of Mattel163, are also expected to have provided incremental sales support. Management noted that consumer demand remained healthy, the toy industry continued to expand, and second-quarter sales trends had accelerated from the first quarter. Another driver of second-quarter revenue is likely to have been the improving retailer ordering patterns in North America after prior disruptions, coupled with continued strength across international markets. The company expects North America to return to growth as retailer inventory movements normalize, while shipments are anticipated to have accelerated during the quarter. Upcoming entertainment releases, particularly the Masters of the Universe movie and related product launches, robust demand for Mattel Brick Shop, expanding action figures and games and ongoing investments in digital gaming and brand-led initiatives are also expected to have supported revenue growth. Mattel’s bottom line in the second quarter is likely to have remained under pressure from elevated tariff-related costs, inflation and unfavorable foreign exchange movements, even though management expects sequential gross margin improvement. Higher spending on strategic growth initiatives, including digital games, technology and infrastructure, along with increased advertising and marketing investments tied to product launches and entertainment initiatives, may also have weighed on profitability. While cost-saving programs and tariff mitigation efforts should have provided some relief, margins are expected to have remained below the company's full-year target during the quarter. Our proven model doesn’t conclusively predict an earnings beat for Mattel this time. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. That is not the case here. Earnings ESP for MAT: Mattel has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Mattel’s Zacks Rank: The company has a Zacks Rank #3 at present. Mattel, Inc. price-eps-surprise | Mattel, Inc. Quote Here are some stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these, too, have the right combination of elements to post an earnings beat. Life Time Group Holdings, Inc. LTH has an Earnings ESP of +1.12% and sports a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.Life Time Group is expected to register a 21.6% increase in earnings for the to-be-reported quarter. LTH reported better-than-expected earnings in each of the trailing four quarters, with the average surprise being 10.9%.Marriott Vacations Worldwide Corporation VAC currently has an Earnings ESP of +5.26% and a Zacks Rank of 3.Marriott Vacations earnings for the to-be-reported quarter are expected to increase 1%. VAC reported better-than-expected earnings in three of the trailing four quarters and missed on one occasion, with the average surprise being 0.7%.Cinemark Holdings, Inc. CNK currently has an Earnings ESP of +6.40% and a Zacks Rank of 3.Cinemark’s earnings for the to-be-reported quarter are expected to increase 57.1%. CNK reported lower-than-expected earnings in each of the trailing four quarters, with the average negative surprise being 20.4%. 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 Marriott Vacations Worldwide Corporation (VAC) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : 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
Investor releaseQuarter not tagged2026-07-30Cinemark Holdings (CNK) Tops Q2 Earnings and Revenue Estimates
Zacks
Cinemark Holdings (CNK) Tops Q2 Earnings and Revenue Estimates
Cinemark Holdings (CNK) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this movie theater owner would post a loss of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -20%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Cinemark, which belongs to the Zacks Film and Television Production and Distribution industry, posted revenues of $1.09 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.29%. This compares to year-ago revenues of $940.5 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cinemark shares have added about 50.1% since the beginning of the year versus the S&P 500's gain of 6.9%. While Cinemark has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Cinemark was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks…Read full documentShow less
Cinemark Holdings (CNK) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this movie theater owner would post a loss of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -20%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Cinemark, which belongs to the Zacks Film and Television Production and Distribution industry, posted revenues of $1.09 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.29%. This compares to year-ago revenues of $940.5 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cinemark shares have added about 50.1% since the beginning of the year versus the S&P 500's gain of 6.9%. While Cinemark has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Cinemark was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.70 on $926.54 million in revenues for the coming quarter and $2.16 on $3.48 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Film and Television Production and Distribution is currently in the bottom 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Warner Music Group Corp. (WMG), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This company is expected to post quarterly earnings of $0.38 per share in its upcoming report, which represents a year-over-year change of +1366.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Warner Music Group Corp.'s revenues are expected to be $1.8 billion, up 6.4% from the year-ago quarter. 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 Cinemark Holdings Inc (CNK) : Free Stock Analysis Report Warner Music Group Corp. (WMG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-30Here's What Key Metrics Tell Us About Cinemark (CNK) Q2 Earnings
Zacks
Here's What Key Metrics Tell Us About Cinemark (CNK) Q2 Earnings
For the quarter ended June 2026, Cinemark Holdings (CNK) reported revenue of $1.09 billion, up 15.5% over the same period last year. EPS came in at $1.19, compared to $0.63 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.03 billion, representing a surprise of +5.29%. The company delivered an EPS surprise of +16.67%, with the consensus EPS estimate being $1.02. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Cinemark performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average ticket price - U.S. Operating Segment: $10.83 compared to the $10.73 average estimate based on four analysts. Average ticket price - International Operating Segment: $4.47 compared to the $4.08 average estimate based on four analysts. Concession revenues per patron - U.S. Operating Segment: $8.70 versus the four-analyst average estimate of $8.65. Concession revenues per patron - International Operating Segment: $3.58 compared to the $3.41 average estimate based on four analysts. Revenue- U.S. Operating Segment- Admissions: $434.4 million versus the four-analyst average estimate of $405.77 million. The reported number represents a year-over-year change of +13.3%. Revenue- International Operating Segment- Admissions: $105.6 million versus the four-analyst average estimate of $89.09 million. The reported number represents a year-over-year change of +26.2%. Revenue- U.S. Operating Segment- Concession: $348.9 million versus the four-analyst average estimate of $327.17 million. The reported number represents a year-over-year change of +13.4%. Revenue- International Operating Segment- Concession: $84.4 million versus $74.41 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +20.4% change. Total revenue- U.S.: $860 million compared to the $810.23 million average est…Read full documentShow less
For the quarter ended June 2026, Cinemark Holdings (CNK) reported revenue of $1.09 billion, up 15.5% over the same period last year. EPS came in at $1.19, compared to $0.63 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.03 billion, representing a surprise of +5.29%. The company delivered an EPS surprise of +16.67%, with the consensus EPS estimate being $1.02. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Cinemark performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average ticket price - U.S. Operating Segment: $10.83 compared to the $10.73 average estimate based on four analysts. Average ticket price - International Operating Segment: $4.47 compared to the $4.08 average estimate based on four analysts. Concession revenues per patron - U.S. Operating Segment: $8.70 versus the four-analyst average estimate of $8.65. Concession revenues per patron - International Operating Segment: $3.58 compared to the $3.41 average estimate based on four analysts. Revenue- U.S. Operating Segment- Admissions: $434.4 million versus the four-analyst average estimate of $405.77 million. The reported number represents a year-over-year change of +13.3%. Revenue- International Operating Segment- Admissions: $105.6 million versus the four-analyst average estimate of $89.09 million. The reported number represents a year-over-year change of +26.2%. Revenue- U.S. Operating Segment- Concession: $348.9 million versus the four-analyst average estimate of $327.17 million. The reported number represents a year-over-year change of +13.4%. Revenue- International Operating Segment- Concession: $84.4 million versus $74.41 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +20.4% change. Total revenue- U.S.: $860 million compared to the $810.23 million average estimate based on three analysts. The reported number represents a change of +13.3% year over year. Revenue- Admissions: $540 million compared to the $503 million average estimate based on six analysts. The reported number represents a change of +15.6% year over year. Revenue- Other: $113.1 million versus $102.12 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +18.2% change. Revenue- Concession: $433.3 million compared to the $407.7 million average estimate based on six analysts. The reported number represents a change of +14.7% year over year. View all Key Company Metrics for Cinemark here>>> Shares of Cinemark have returned +10.1% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. 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 Cinemark Holdings Inc (CNK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-30Cinemark Holdings, Inc. Reports Second Quarter 2026 Earnings Results
Business Wire
Cinemark Holdings, Inc. Reports Second Quarter 2026 Earnings Results
PLANO, Texas, July 30, 2026--(BUSINESS WIRE)--Cinemark Holdings, Inc. ("Cinemark") (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and six months ended June 30, 2026. In conjunction with the earnings release, Cinemark published its second quarter executive commentary, which can be accessed on Cinemark’s Investor Relations website at ir.cinemark.com under financial results. Conference Call Cinemark will host a public audio webcast on Thursday, July 30, 2026 at 8:30 a.m. Eastern Time. Interested parties can listen to the call via live webcast.Please access 5-10 minutes before the call:https://event.choruscall.com/mediaframe/webcast.html?webcastid=PQdrLCpN A replay of the call will be available at https://ir.cinemark.com following the call and archived for a limited time. To automatically receive Cinemark financial news by email, please visit our Investor Relations website and subscribe to email alerts. About Cinemark Holdings, Inc. Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in Plano, Texas, Cinemark makes every day cinematic for moviegoers across nearly 500 theaters and more than 5,500 screens, operating in 42 states in the U.S. (301 theaters; 4,219 screens) and 13 South and Central American countries (194 theaters; 1,401 screens). Cinemark offers guests superior sight and sound technology, including Barco laser projection and Cinemark XD, the world’s No. 1 exhibitor-branded premium large format; industry-leading penetration of upscale amenities such as expanded food and beverage offerings, Luxury Lounger recliners and D-BOX motion seats; top-notch guest service; and award-winning loyalty programs such as Cinemark Movie Club. All of this creates an immersive environment for a shared, entertaining escape, underscoring that there is no place more cinematic than Cinemark. For more information go to https://ir.cinemark.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260730584600/en/ Contacts Investor Contact:Chanda [email protected] Media Contact:Caitlin [email protected]
Investor releaseQuarter not tagged2026-07-30Cinemark: Q2 Earnings Snapshot
Associated Press
Cinemark: Q2 Earnings Snapshot
PLANO, Texas (AP) — PLANO, Texas (AP) — Cinemark Holdings Inc. (CNK) on Thursday reported second-quarter profit of $139.4 million. The Plano, Texas-based company said it had profit of $1.19 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share. The movie theater owner posted revenue of $1.09 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $1.03 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNK at https://www.zacks.com/ap/CNK
Investor releaseQuarter not tagged2026-07-30Cinemark Celebrates Record-Breaking Q2 2026 Results, Including First-Ever Quarter to Surpass $1 Billion in Worldwide Revenue
Business Wire
Cinemark Celebrates Record-Breaking Q2 2026 Results, Including First-Ever Quarter to Surpass $1 Billion in Worldwide Revenue
Cinemark delivered all-time high results across box office, premium formats, concessions and loyalty PLANO, Texas, July 30, 2026--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced record-breaking results for the second quarter 2026 as more than 60 million moviegoers chose Cinemark theaters to experience Hollywood’s newest releases. Notably, the second quarter marks the first time Cinemark has surpassed $1 billion in quarterly revenue, which is attributable to its best-ever performance in box office, premium formats, concessions and loyalty. "Our historic second quarter results demonstrate the strength of our differentiated entertainment offerings, the meaningful progress we have made enhancing the experiences we provide our guests, and our ability to make the most of a robust box office environment," said Sean Gamble, Cinemark President & CEO. "Movie fans turned out in force for an exceptional lineup of films and enthusiastically embraced our immersive premium viewing options, expanded food and beverage offerings, merchandise, and loyalty benefits." Box Office Cinemark achieved all-time high worldwide quarterly admission revenues of $540 million during the second quarter, driven by a steady stream of compelling new films on the big screen and the company’s ongoing efforts to grow audiences through strategic programming, impactful marketing initiatives, industry-leading loyalty programs and enhanced moviegoing experiences. A diverse mix of films resonated strongly with Cinemark audiences, driving increased attendance across the company’s global circuit. Even with higher theater traffic, Cinemark’s dedicated team continued to provide exceptional cinematic experiences, with guest service scores that continue to receive high satisfaction ratings from approximately 95 percent of domestic patrons. Moviegoers increasingly chose Cinemark’s premium entertainment offerings during the second quarter, driving all-time high sales across Cinemark XD, the world’s No. 1 exhibitor-branded premium large format, ScreenX’s immersive 270-degree panoramic screens and D-BOX motion seats. These record results reflect growing consumer demand for premium moviegoing options and Cinemark’s ongoing investments to provide movie fans with greater access to the biggest screens, cleares…Read full documentShow less
Cinemark delivered all-time high results across box office, premium formats, concessions and loyalty PLANO, Texas, July 30, 2026--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced record-breaking results for the second quarter 2026 as more than 60 million moviegoers chose Cinemark theaters to experience Hollywood’s newest releases. Notably, the second quarter marks the first time Cinemark has surpassed $1 billion in quarterly revenue, which is attributable to its best-ever performance in box office, premium formats, concessions and loyalty. "Our historic second quarter results demonstrate the strength of our differentiated entertainment offerings, the meaningful progress we have made enhancing the experiences we provide our guests, and our ability to make the most of a robust box office environment," said Sean Gamble, Cinemark President & CEO. "Movie fans turned out in force for an exceptional lineup of films and enthusiastically embraced our immersive premium viewing options, expanded food and beverage offerings, merchandise, and loyalty benefits." Box Office Cinemark achieved all-time high worldwide quarterly admission revenues of $540 million during the second quarter, driven by a steady stream of compelling new films on the big screen and the company’s ongoing efforts to grow audiences through strategic programming, impactful marketing initiatives, industry-leading loyalty programs and enhanced moviegoing experiences. A diverse mix of films resonated strongly with Cinemark audiences, driving increased attendance across the company’s global circuit. Even with higher theater traffic, Cinemark’s dedicated team continued to provide exceptional cinematic experiences, with guest service scores that continue to receive high satisfaction ratings from approximately 95 percent of domestic patrons. Moviegoers increasingly chose Cinemark’s premium entertainment offerings during the second quarter, driving all-time high sales across Cinemark XD, the world’s No. 1 exhibitor-branded premium large format, ScreenX’s immersive 270-degree panoramic screens and D-BOX motion seats. These record results reflect growing consumer demand for premium moviegoing options and Cinemark’s ongoing investments to provide movie fans with greater access to the biggest screens, clearest sound and most high-tech auditoriums for today’s highly anticipated films. Cinemark also maintains the highest penetration of luxury recliner seats among major U.S. movie theater chains, a guest-favorite amenity that further enhances the comfort and enjoyment of the big-screen action. Food, Beverage and Merchandise Moviegoers continued to embrace Cinemark’s broad range of food, beverage and merchandise offerings, driving record-high global concession revenue of $433 million and all-time high domestic per-capita spending. These results reflect guests’ enthusiasm for an increasingly diverse selection of fan-favorite movie snacks, restaurant-quality menu items and film-inspired limited time offerings that enhance the overall movie theater experience. Cinemark also achieved record merchandise sales during the quarter, as movie-themed collectible items tied to popular films gave fans new ways to celebrate and engage with the stories they love. Especially popular items during the quarter were the Yoshi popcorn bucket from The Super Mario Galaxy Movie, Grogu-themed merchandise related to Star Wars: The Mandalorian and Grogu and an iconic red popcorn purse connected to The Devil Wears Prada 2. In addition, Cinemark delivered record results through in-theater mobile ordering and continued growth across third-party delivery platforms DoorDash, Uber Eats, Grubhub and 7NOW, making it easier than ever for consumers to enjoy Cinemark concessions both at the theater and at home. Loyalty Cinemark Movie Club, the company’s U.S. monthly movie ticket subscription program, reached a major milestone during the second quarter by surpassing 1.5 million members. With more than 5,000 members per theater, Movie Club’s continued growth underscores its popularity among moviegoers and the meaningful flexibility, convenience and discounts it provides. During the second quarter, members accounted for approximately 30 percent of Cinemark’s domestic box office as they took advantage of the program’s shareable benefits and other member perks. Since its launch, Movie Club has sold more than 200 million tickets, demonstrating the enduring appeal among fans and the significant role it plays in connecting audiences with the movies they love. Globally, nearly 30 million moviegoers are enrolled in Cinemark’s loyalty programs, enjoying rewards on every purchase, exclusive discounts and access to member-only sweepstakes and prizes. Strong participation across these programs drove all-time high loyalty transactions worldwide during the second quarter, reflecting the growing engagement of moviegoers across Cinemark’s global circuit. For full details about the Cinemark moviegoing experience, visit Cinemark.com or download the Cinemark app. Click HERE for general Cinemark images and b-roll. About Cinemark Holdings, Inc. Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in Plano, Texas, Cinemark makes every day cinematic for moviegoers across nearly 500 theaters and more than 5,500 screens, operating in 42 states in the U.S. (301 theaters; 4,219 screens) and 13 South and Central American countries (194 theaters; 1,401 screens). Cinemark offers guests superior sight and sound technology, including Barco laser projection and Cinemark XD, the world’s No. 1 exhibitor-branded premium large format; industry-leading penetration of upscale amenities such as expanded food and beverage offerings, Luxury Lounger recliners and D-BOX motion seats; top-notch guest service; and award-winning loyalty programs such as Cinemark Movie Club. All of this creates an immersive environment for a shared, entertaining escape, underscoring that there is no place more cinematic than Cinemark. For more information, visit https://ir.cinemark.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260729222687/en/ Contacts Cinemark Contacts:Media:Julia [email protected] Investors:Chanda [email protected]
Investor releaseQuarter not tagged2026-07-30Cinemark Holdings Inc (CNK) (Q2 2026) Earnings Call Highlights: Record Revenue and EBITDA ...
GuruFocus.com
Cinemark Holdings Inc (CNK) (Q2 2026) Earnings Call Highlights: Record Revenue and EBITDA ...
This article first appeared on GuruFocus. Revenue: Quarterly worldwide revenue exceeded $1 billion for the first time in company history, setting an all-time quarterly record. Adjusted EBITDA: Highest ever quarterly adjusted EBITDA of $294 million. Adjusted EBITDA Margin: 27.1%, the second highest quarterly margin in history, trailing the all-time record by only 10 basis points. Free Cash Flow: Generated nearly $300 million of free cash flow. Capital Expenditures: Deployed over $60 million of capital expenditures toward enhancing the business. Admissions Revenue: All-time high quarterly admissions revenue. Concession Sales: All-time high quarterly concession sales and per caps. Premium Amenity Performance: All-time high quarterly premium amenity performance. Loyalty Transactions: All-time high quarterly loyalty transactions worldwide. Warning! GuruFocus has detected 5 Warning Sign with CNK. Is CNK fairly valued? Test your thesis with our free DCF calculator. Release Date: July 30, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cinemark Holdings Inc (NYSE:CNK) achieved a historic quarter with worldwide revenue exceeding $1 billion for the first time, setting all-time records across key revenue categories. Record-high quarterly adjusted EBITDA of $294 million and an adjusted EBITDA margin of 27.1%, the second highest in company history, demonstrating strong operating leverage. Generated nearly $300 million in free cash flow, enabling capital expenditures, stock buybacks, and dividend payments to shareholders. Strong growth in younger moviegoer frequency (up ~20% year-over-year) and success with creator-led content like 'Backrooms' and 'Obsession', expanding audience reach. Continued expansion of premium amenities (XD, ScreenX, IMAX, D-BOX) and record merchandise sales of $25 million, driving higher per-cap revenue and customer engagement. Potential capacity constraints due to concentrated film release schedules, especially in peak periods, could limit box office growth in the second half of 2026. Rising electricity costs in key markets like Texas, driven by data center demand, are expected to increase utility expenses year-over-year. International operations face headwinds from local labor laws restricting staffing flexibility and government-mandated wage rates exceeding inflation. Deferred maintenance…Read full documentShow less
This article first appeared on GuruFocus. Revenue: Quarterly worldwide revenue exceeded $1 billion for the first time in company history, setting an all-time quarterly record. Adjusted EBITDA: Highest ever quarterly adjusted EBITDA of $294 million. Adjusted EBITDA Margin: 27.1%, the second highest quarterly margin in history, trailing the all-time record by only 10 basis points. Free Cash Flow: Generated nearly $300 million of free cash flow. Capital Expenditures: Deployed over $60 million of capital expenditures toward enhancing the business. Admissions Revenue: All-time high quarterly admissions revenue. Concession Sales: All-time high quarterly concession sales and per caps. Premium Amenity Performance: All-time high quarterly premium amenity performance. Loyalty Transactions: All-time high quarterly loyalty transactions worldwide. Warning! GuruFocus has detected 5 Warning Sign with CNK. Is CNK fairly valued? Test your thesis with our free DCF calculator. Release Date: July 30, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cinemark Holdings Inc (NYSE:CNK) achieved a historic quarter with worldwide revenue exceeding $1 billion for the first time, setting all-time records across key revenue categories. Record-high quarterly adjusted EBITDA of $294 million and an adjusted EBITDA margin of 27.1%, the second highest in company history, demonstrating strong operating leverage. Generated nearly $300 million in free cash flow, enabling capital expenditures, stock buybacks, and dividend payments to shareholders. Strong growth in younger moviegoer frequency (up ~20% year-over-year) and success with creator-led content like 'Backrooms' and 'Obsession', expanding audience reach. Continued expansion of premium amenities (XD, ScreenX, IMAX, D-BOX) and record merchandise sales of $25 million, driving higher per-cap revenue and customer engagement. Potential capacity constraints due to concentrated film release schedules, especially in peak periods, could limit box office growth in the second half of 2026. Rising electricity costs in key markets like Texas, driven by data center demand, are expected to increase utility expenses year-over-year. International operations face headwinds from local labor laws restricting staffing flexibility and government-mandated wage rates exceeding inflation. Deferred maintenance needs across the circuit continue to require attention, though the year-over-year impact is expected to diminish. Uncertainty around the long-term impact of the 45-day theatrical window expansion, as consumer behavior changes are still evolving and may take time to materialize. Here are the key highlights from Cinemark Holdings Inc (NYSE:CNK)'s Q2 2026 earnings call. Q: Cinemark achieved a historic quarter with record revenue and EBITDA. What drove this exceptional performance, and do you see this as sustainable? A: Sean Gamble (President & CEO): The record results were driven by a compelling film slate, our strategic investments to elevate consumer offerings, and solid operating rigor. We achieved all-time highs in admissions, concessions, and loyalty transactions. While the strong box office environment was a key amplifier, we believe the underlying improvements in our operating leverage and market share gains provide a durable foundation for future performance. Q: You mentioned a strong lift from premium formats like XD, ScreenX, and D-BOX. How much more capacity do you have to add these? A: Sean Gamble (President & CEO): We still have a healthy runway for incremental additions. In the first half of 2026, we added seven new XDs, 12 ScreenXs, two IMAXs, and 112 D-BOX auditoriums. We have about 350 PLFs globally and 660 auditoriums with D-BOX. Future additions will be balanced against audience demand, as these formats currently represent about 15% of box office. Q: Your Latin America segment posted an all-time high margin. What is the key to that operating leverage, and can it continue? A: Melissa Thomas (CFO): The record margin was driven by strong attendance, market share gains, and growth in average ticket prices and concession per caps. The team has also done a great job mitigating local cost pressures like government-mandated wage increases. However, the business is more variable than the US, with factors like FX movements and local labor laws impacting margins as box office fluctuates. Q: The success of creator-led films like "Backrooms" and "Obsession" was a big surprise. Do you see this as a new, sustainable source of film supply? A: Sean Gamble (President & CEO): Absolutely. These films have proven there is a strong fan base and connectivity between creators and their audiences. We expect this to be a significant area of future opportunity. These lower-budget films can also help fill gaps in the release calendar, which is a positive for the industry. Q: You noted strong growth in younger moviegoers (Gen Z). How are you positioning Cinemark to capture this demographic? A: Sean Gamble (President & CEO): We are seeing frequency among audiences under 25 increase by over 20% year-over-year. We are leveraging social and digital channels, including influencer networks, to reach them. Our new "It's Show Time" brand campaign was also designed to resonate with this audience, who value the communal, differentiated experience of moviegoing. Q: With your strong cash position, how are you thinking about capital allocation between buybacks, investments, and M&A? A: Melissa Thomas (CFO): Our strategy remains disciplined with three pillars: maintaining a strong balance sheet, investing in growth (including M&A), and returning excess capital to shareholders. We prioritize the balance sheet and growth opportunities based on return profiles. Shareholder returns are governed by factors like our leverage ratio and cash position. Q: Are you seeing any impact on consumer spending from macro pressures like higher gas prices? A: Melissa Thomas (CFO): No, we are not seeing any indications that macro pressures are impacting moviegoing. Consumer behavior continues to follow the historical trend of being more dependent on the strength of the film slate than on economic cycles. We continue to see strong demand for premium formats and concessions. Q: You mentioned the 45-day theatrical window is now being honored. Is it too early to see a benefit from this? A: Sean Gamble (President & CEO): It is still early, but the most tangible sign is that theatrical exclusivity did increase in Q2 as studios honored the commitment. We are optimistic that this will yield positive benefits over time as consumers feel the impact of a longer window before films go to streaming. Q: What are your initial views on the 2027 film slate? A: Sean Gamble (President & CEO): Initial views are very positive. The volume of announced releases is up from the norm, with highly anticipated titles like "Avengers: Secret Wars," "Frozen 3," and "Sonic." However, the ultimate outcome will depend on the quality of the content and how it resonates with audiences, as there are always surprises. Q: You reached 40 million addressable customers. How is this data helping drive performance? A: Sean Gamble (President & CEO): This is a key tool for driving growth and market share. It allows us to establish a direct communication channel with new consumers and use personalization to promote relevant titles. This is helping to drive repeat business and is complementary to our overall performance. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
TranscriptFY2026 Q22026-07-30FY2026 Q2 earnings call transcript
Earnings source - 97 paragraphs
FY2026 Q2 earnings call transcript
Greetings, welcome to Cinemark Holdings' second quarter 2026 earnings conference call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone requires operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Chanda Brashears, Senior Vice President, Investor Relations. Thank you. Please go ahead.
Good morning, everyone, thank you for joining us today to discuss our second quarter 2026 results. Our earnings release, executive commentary, and 10-Q were issued earlier this morning and are available on our website at ir.cinemark.com. Today's call is being webcast with a replay and transcript available on our website after the call. Before we begin, I would like to remind everyone that during this conference call, we will be making forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not necessarily limited to, financial projections or other statements of the company's plans, objectives, expectations, or intentions. Forward-looking statements are subject to risks and uncertainties that could cause the company's actual results to materially differ from those expressed or implied.
The factors that could cause results to differ materially are detailed in our most recent annual report on Form 10-K, as filed with the SEC and available on our website. Today's call will include non-GAAP financial measures. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures can be found on the website's most recently filed earnings release, 10-Q, and on the company's website at ir.cinemark.com. Joining me this morning are Sean Gamble, President and CEO, and Melissa Thomas, CFO. Consistent with last quarter, Sean will provide some brief introductory remarks, then we'll turn it over to Q&A. Sean?
Thank you, Chanda. Good morning, everyone. I'd like to take a brief moment to touch on some of our key highlights from the second quarter. You can also find additional information in our executive commentary and 10-Q that were published on our investor relations website this morning. We're thrilled to report today that Cinemark delivered a historic quarter in Q2, achieving a multitude of all-time quarterly records throughout our global company. For the first time in our history, our quarterly worldwide revenue exceeded $1 billion, supported by record-high results across all key revenue categories. Importantly, through diligent execution and benefits derived from improved operating leverage, we effectively converted that strong top-line growth into exceptional bottom-line performance. We produced our highest-ever quarterly Adjusted EBITDA of $294 million with an Adjusted EBITDA margin of 27.1%, our second highest quarterly margin in history that trailed our all-time record by only ten basis points.
We also generated nearly $300 million of free cash flow, deployed over $60 million of capital expenditures toward enhancing our business, and returned excess capital to shareholders through stock buybacks and our dividend. Our historic results are the byproduct of our ongoing efforts to elevate our consumer offerings, scale revenue opportunities, and further optimize our business, combined with a compelling slate of film releases and solid operating rigor. Beyond propelling our aggregate revenue and Adjusted EBITDA records, these factors also yielded all-time high quarterly admissions revenue, concession sales and per caps, premium amenity performance, and loyalty transactions worldwide. We are incredibly proud of our global team and all they continue to accomplish. We devote significant time and effort to working on strategic initiatives to strengthen our business, and it's especially rewarding to see those actions translate into outstanding results, particularly when amplified by a favorable box office environment.
The performance we delivered this quarter is a testament to the dedication, skill, and execution of our sensational team and their ability to capitalize on strong film content and positive industry dynamics. As we move ahead, we believe we are exceptionally well-positioned for the future. Bolstered by our differentiated financial strength, we stand to continue benefiting from the many targeted investments we have made over the years, the meaningful customer loyalty we have earned, and the industry-leading operating capabilities we have developed. Moreover, we are actively advancing a broad set of new opportunities to further enhance our competitive edge and drive incremental growth, and we remain highly encouraged by positive recent industry developments, including expansion in theatrical window exclusivity, increases in young moviegoer frequency, and strength in emerging forms of content.
In the very near term, we look forward to building further on the robust performance we've achieved through the first half of 2026, particularly with what is shaping up to be a tremendous launch of "Spider-Man: Brand New Day" this weekend, along with continued momentum from "The Odyssey." Operator, that concludes our prepared remarks, and we'd now like to open up the line for questions.
Thank you. Ladies and gentlemen, the floor is now open for questions. If you would like to ask a question, please press star one on your telephone keypad at this time. A confirmation tone will indicate that your line is in the question queue. You may press star two if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up the handset before pressing the star keys. Again, that's star one to register a question at this time. Our first question is coming from David Karnovsky of J.P. Morgan. Please go ahead.
Hi. Thank you for the question. Sean, Q2, I think was the best box office quarter since the pandemic. It's probably reasonable to assume there could have been capacity constraints for Cinemark, yet you gained domestic market share. I know film mix is a factor, do these results surprise you at all? How do they inform your view of potential market share sustainability or gains going forward? Should the box office kind of run it over $10 billion, for instance?
Thanks for the question, David. We were very pleased with the second quarter results, to say the least. It was a big quarter. I think what we wound up seeing over the course of the quarter was the way the performance of the films played out wound up helping out with capacity, where there certainly were some periods where there was a bit more bunch up of films in terms of the dating week to week. You had films like "Backrooms" and "Obsession," which were a bit earlier in the quarter, and they actually played out with less competition. It turned out that just the way the films worked alleviated some of those capacity constraints that we were expecting would be a bit more significant over the course of the quarter.
As we look ahead, obviously we continue to benefit from the many investments we've made to advance our market share. The way things will play out will depend a bit on how overall content mix resonates with our audiences and how that capacity constraint plays out. We saw a little bit more of that perhaps in terms of just similar films kind of going on top of each other at the beginning of the third quarter, we'll see how that plays out over the second half of the year. There certainly are some more periods, at least on paper right now, where you've got in peak periods where there's a bit more concentrated, larger films than we saw during the first half. We're going to be watching out for that. Those are the types of things that could affect things as we go forward.
You mentioned the 45-day window. I know it's early, any data research on your end that indicates the longer time period is helping to re-educate consumers about the need to see the movies in the theater?
It's difficult to say quite yet how significant the long-term impact, because those changes obviously just took place. Clearly, as you pointed out, it was just a record second quarter since the pandemic. If you look at that, one might say, "Okay, great, things are working better." I'd say probably the most tangible thing we've seen is that the theatrical exclusivity did start to increase in the second quarter as studios started to honor those commitments of 45 days. We'll have to see. It's going to take a little bit more time. I think we certainly expect that the 45-day window we're optimistic about the positive benefits that will yield, which we think will continue to be meaningful. It will take a little bit more time for that to roll out and for consumers to fully feel the impact of that.
Thanks.
Thanks. Appreciate the questions.
Thank you. Our next question is coming from Eric Handler of Roth Capital. Please go ahead.
Good morning. Thanks for the question. Sean, you continue to get some really good lift from premium. I'm curious, when you look at your theater footprint, how much more capacity do you have to add an IMAX, XD, 4DX, ScreenX? How much can you add there? Then also, you're getting a really good lift and a nice surcharge for D-BOX. Where are you with D-BOX, and how much more can you add there?
Sure. Thanks for the question. I'd say we still have a healthy runway for incremental additions. There clearly is a balance to be struck because while we continue to see growing audience appeal for these types of enhanced amenities, they're still just about 15% or so of overall box office, and they're great for certain audiences, but they're not for everyone. To your question on runway, we've added, and we added a series of new additions in 2025. In the first half of 2026, we already added seven new XDs, 12 new ScreenXs, two new IMAXs with three new 70 mm projectors activated, and 112 new D-BOX auditoriums. We've put in quite a bit, and we've got further runway going this year and into the future beyond. I'd say the screens tend to be a little bit tethered by how big the screen is in an auditorium.
That's one governing factor. We've got many more opportunities for second PLFs in theaters where we just have one today. Obviously in new builds, you have more latitude in what you can do there. D-BOX, there's less limitation because we're doing a few rows within an auditorium, so those can go into a bunch. To your specific question, I think we've got about 350 overall PLFs globally right now, including XD, IMAX, and ScreenX, and we've got about 660 auditoriums that have D-BOX installed.
Great. Then I wonder if we just touch on Latin America for a second. Your Latin America margin was an all-time high. Just curious what type of operating leverage you can now achieve in the region.
Eric, I'll take that one on international. Our international team has done a great job navigating a dynamic landscape in Latin America, as demonstrated by, as you mentioned, record-setting Adjusted EBITDA and Adjusted EBITDA margin. As we look at that business, again, predominant drivers of what we're seeing will be attendance and box office in terms of leverage within that model. Also there's other factors that have influenced that. You've seen market share gains in international. The team has done a really nice job of capitalizing on the box office that's been there. Our average ticket prices and concession per caps continue to be growth catalysts for us. Also within the international markets, our ability to mitigate cost pressures has been an important factor.
Really, as we think about margins going forward, those are going to be key dynamics that come into play, key variables, as we look to maximize our margin potential. FX movements and inflationary dynamics are clearly one of the key differences between the U.S. and international. I think a couple things to keep in mind, as you think about our international business going forward, is there are a few dynamics at play on the labor side that do differ from our domestic market that I think are worth highlighting as you think about box office variations. Local labor laws, they can restrict our staffing flexibility as the box office ramps. That can impact that line item. Additionally, government-mandated wage rates, those can exceed inflation, and we've seen that in markets. Our team has done a nice job offsetting those impacts to the extent possible.
Also, you have a different dynamic in lease expense in international that's more variable. There's some different dynamics when you look at that international business. Really all comes down to how we're managing those levers, I think the team is doing a nice job pushing the top line to offset some of the inflationary dynamics we're seeing on the bottom line.
Thank you very much.
Thanks, Eric.
Thank you. Our next question is coming from Chad Beynon of Macquarie. Please go ahead.
Hi. Good morning. Thanks for taking my question and nice quarter. Just in terms of the use of capital, you finished the quarter in a very strong position from a cash standpoint. You mentioned the interest expense opportunities that you've been able to take advantage of here, reducing that. Just as you think about use of cash with regards to return to shareholders, investing back in the portfolio or looking at outside opportunities, has anything changed at this point, given your position of strengths? Thanks.
Thanks for the question, Chad. From a capital allocation standpoint, we continue to have three pillars to our strategy: maintaining the strength of our balance sheet, investing in accretive opportunities, including M&A, that position the company for long-term success, and returning excess capital to shareholders. We remain balanced and disciplined in our approach to capital allocation and prioritize the strength of our balance sheet and growth opportunities first and foremost, followed by shareholder return. As we think about kind of ranking between new builds, theater enhancements, and M&A, that really comes down to return profiles and strategic importance of each. Then with respect to shareholder returns, that's going to be governed by factors like our leverage ratio, cash position, overall liquidity, and then alternative uses of cash at any given time, among other factors.
Overarchingly, our strategy aims to maintain sufficient flexibility so that we can take advantage of future value-creating opportunities while mitigating any risks that may come along.
Okay, great. Thanks. Sean, just going back to the strength of the quarter and the breadth of different movies that really hit. I know you mentioned 50% is coming from your direct channel. In terms of just a new audience, do you think there was significant growth in terms of whether it's younger moviegoers or just moviegoers that hadn't come back for a while, that came in the second quarter, as we know, moviegoing begets moviegoing? Do you think that could portend well for the back half of the year in 2027? Thanks.
Sure. Well, yeah, look, part of the reason we like a lot of the non-traditional content is that often is a way to bring new audiences into our theaters. We've seen a nice uptick in that over the years. As we look at our data, very similar to some of the broader industry studies that have been done, we continue to see really healthy growth of younger audiences. I mentioned that earlier, some of these films, particularly like you saw films like "Obsession" and "Backrooms," which were based upon creator content. They've got these embedded younger audiences. It's helping to bring them in, similar to others, as you mentioned, a momentum business. They see other things of interest when they're there, they wind up coming back, it just winds up being a positive cycle.
We're definitely seeing healthy signs of new attendees, also nice signs of sustained and growing frequency from our existing audiences. There's just a lot of great momentum. This year has been obviously really positive for the industry and certainly for our company with regard to moviegoing in general. We're pleased with the trends we're seeing with both new and existing members.
Appreciate it. Thanks.
Thanks.
Thank you. Our next question is coming from Mike Hickey of StoneX. Please go ahead.
Hey, thank you. Hey, Sean, Melissa, Chanda, great job. Incredible quarter, guys. Congratulations. First question, maybe back to you, Melissa, sort of mirroring the international margin question, but thinking domestic, obviously, your domestic EBITDA margin here over 27% was significant. When you think about the elements of margin improvement here, what do you view as sort of sustainable, I guess, or durable as attendance continues to recover? Where do you see the largest remaining opportunities to improve that productivity? Then a follow-up.
Thanks for the question, Mike. On the domestic side, attendance and box office, again, obviously primary driver, but key levers as you look at our performance in the second quarter, it underscores the strength and operating leverage of our business model when supported by a content mix that resonates well with our audiences. You saw that come up clearly in the strength of our market share. Also, the steady cadence of releases and strong overall box office environment. Outside of box office and attendance, on the market share side, Sean mentioned some of the key drivers of market share in the quarter. More broadly, long-term, while we continue to try to drive our market share gains and have been pleased with what we have seen thus far, we need more runway of a consistent box office to see what is structural within those market share gains.
That will play out over time, but we're very encouraged by what we've seen on the market share side. With respect to average ticket prices and per cap, again, there, we do believe that we continue to have runway. We've been benefiting from our strategic pricing actions as well as premium format penetration that Sean talked about earlier, within the food and beverage and broader concession realm, we still do believe we've got runway, and you saw that with the growth in our merchandise sales and some of the records that we were able to achieve in the quarter. Top line is an area that we really continue to lean into and have a number of strategic initiatives.
Obviously, some of these metrics are going to fluctuate quarter to quarter, but over the long term, these are key factors outside of attendance and box office that we will continue to look to drive to support margin strength. On the expense side, there is operating leverage in our model. We do have around 40% of our cost structure is fixed, so we do get leverage over line items like facility lease expense in the U.S., similar to our G&A, property insurance, real estate taxes, and then you have other semi-variable costs like theater labor that we continue while those increase with attendance, not to the same extent. That creates additional opportunities for us from a margin standpoint.
We also obviously do have inflationary factors that we're dealing with, but we're focused on controlling what we can control and overall looking to maximize our profitability and margin potential.
Melissa and Sean, as a follow-up here, creator-led films, I mean, the success of Backrooms, Obsession, and really, I guess in 1Q, Iron Lung kind of kicked it off, but for all of these seem strategically important for you. When you sort of think about the success of these films, which was obviously a huge surprise in the quarter, and then also the budgets of these films, which were incredibly low, does that sort of suggest to you that internet-native creators could be a meaningful source of new theatrical film supply for you in the future? It feels like Hollywood is starting to chase a lot of this IP already, I'm guessing more is coming. Curious your view on that. You talked about sort of bunching up on the calendar.
Do you think these sort of lower budget, sort of creator-led films could help fill the gaps in the release calendar that's obviously lower budget but still generate strong attendance? Thanks, guys.
Sure. Thanks. Appreciate the question. Well, let me start first with kind of the bunching up of the calendar. We are hopeful that even some of the more traditional, larger Hollywood films will spread themselves out a bit. It's something that took a long, long while for Hollywood to figure out and eventually got there, and you started to see larger films in February and in March, and in other off periods from the summer and year-end, and they worked great. I think that will start to naturally happen. In the meantime, yes, these types of non-traditional films, creator content, anime, faith-based, foreign, they can definitely help to fill those gaps. We're seeing some real significant success stories now. Even prior to Iron Lung, Obsession, and Backrooms, we had Sam and Colby, we had Critical Role. There's been numerous examples of these.
Some of the challenge to date has just been trying to figure out what's going to work and what's not. Some of the kind of concepts that you would think would have worked didn't, and some of the other ones that wound up being big surprises. I think there's clear recognition now certainly from the studios that are taking more interest in this, and producers, that there's real potential. There's already a strong fan base and connectivity between creators and their audiences. When the programming is compelling and well-positioned, strong word of mouth can really generate significant momentum with the potential for these to cross over more mainstream, which is what we're starting to see. Definitely expect this to be an area of go-forward opportunity, and we're just really excited to see how it evolves.
Nice. Thanks, Sean. Thanks, guys. Good luck.
Thanks, Mike. Appreciate it.
Thank you. The next question is coming from Robert Fishman of MoffettNathanson. Please go ahead.
Good morning. Two for you, one longer-term and one shorter-term. First, you talked about the excitement around "Spider-Man" and clearly "Avengers" at the end of the year. When you think about the 2027 slate, are there lessons that you've learned, maybe just building off the last question from first half box office, that you can apply to think about what the mix of the content looks like, expectations around that for franchise and non-franchise movies? Think about 2027 and even beyond, would be the first one. Thanks.
Well, first, thanks, Robert. First, I would say, obviously, we're still getting line of sight to 2027. It still is a little bit early, but initial views are very positive based on what's been announced on paper. The volume of releases that have been announced thus far is even a tick up from the norm, and there's a lot of highly anticipated films with another "Avengers: Secret Wars," a "Frozen 3," a "Sonic," another “Spider-Man” animated film, "Minecraft," et cetera. There's a whole bunch. I think to the point of trying to anticipate the mix and the impact of that, the hard thing is you never quite know what is going to fully resonate. You give your best estimate to use comps of the past, to kind of make a forecast of what each of these movies will do. Inevitably, there's surprises that go both ways, right?
You have the "Backrooms" and the "Obsessions" which kind of come out of nowhere and do these massive numbers. You have films like "Odyssey" and hopefully "Spider-Man," based on pre-sales, what's looking like way outperform even big numbers that are expected. You have other films that kind of underperform, and it's all a matter of the concept on paper versus what the film actually turns out to be and how it resonates with audiences in terms of how that can skew things. We're certainly looking optimistically at 2027 based on what we know, but ultimately, it's going to be a matter of, again, the quality of the content, the marketing effectiveness, how it ultimately performs throughout the year, and how spread out that performance is in terms of what it ultimately amounts to in total box office.
Makes sense. Maybe just for the shorter-term trends, this might be a funny question, given the record concession revenues that we just saw, are you noticing anything in terms of even into July, about consumer spending, changing patterns in terms of reacting to higher gas prices or any other macro pressures on the consumer? Thanks.
Thanks for the question, Robert. In terms of health of consumer and what we're seeing, it continues to follow the historical trend. We're more dependent on the strength of the film slate than economic cycles. I mean, we've seen that play out over the last two years, continue to see that play out today as we think about upgrades to premium formats, concession purchases, and even on the merchandise side, some of what we've seen there. We continue to closely monitor behavior, and we have a number of incentives in place that are designed to help grow food and beverage consumption, as well as merchandise sales and premium format penetration while we deliver value for our guests. We aren't seeing what I would call any indications that there's been an impact on moviegoing as a result of that.
Great. Thank you both.
Thanks, Robert.
Thank you.
Thank you. The next question is coming from Drew Crum of B. Riley Securities. Please go ahead.
Okay, thanks. Good morning, everyone. Sean, want to go back to your commentary around what seems to be an energized Gen Z audience. Can you remind us your competitive positioning with a younger cohort and understanding that you're beholden to your studio partners for content? Is there anything from a planning perspective that you can or are doing to advantage Cinemark for that next "Obsession" or "Backrooms" breakout hit?
Sure. Well, thanks for the question. I would say our positioning, while we tend to have a little bit more of a suburban versus urban skew for our overall circuit. I wouldn't say that necessarily is too very with regard to younger audiences versus older audiences. I'm not sure there's a huge difference in that regard, but things that we're doing, absolutely working with studios in terms of joint partnerships in the promotion and marketing of these titles. We've got a fantastic marketing team that leverages all kinds of social and digital channels and more and more through influencer networks and things like that. Basically being where those younger audiences are, to help drive that awareness and then importantly, channel that awareness into ticket sales at Cinemark. Definitely spend a lot of time and effort and energy investing in things like that.
In fact, our new Brand campaign that we launched at the end of the year, last year, It's Show Time, that actually was put together with an intent of a certain energy and certain way of resonating with younger audiences to lean into that. It definitely plays into some of the angles we think about when we're working on our varied marketing materials and the types of things we're doing to both in tandem with the studios, as well as with regard to our just own Cinemark promotion.
Got it. Okay. My next question is, can you address the variance between Latin America and U.S. in terms of year-on-year rate of change? Was it composited? Was it mixed? I guess specifically, the headline number would suggest that World Cup rather, did not have an impact on Latin America's performance. I'm curious if you had any observations there and if you noticed anything in July with the success Argentina had in the tournament. Thanks.
In terms of Q2, in particular on the year-over-year attendance growth differential between international and the U.S., that is more so, I would say, comp than anything. If you look at recovery relative to 2019, the recovery rates are still tracking very closely between the U.S. and international. We don't make much of that differential that we saw in the quarter.
Yeah. We've tried to tease out the impact of the World Cup. We do think that with how strong the interest was, both in the U.S. as well as certainly overseas, there may have been some impact, probably less so in the second quarter. We're seeing a little bit more of that in the third quarter as it advanced to the knockout rounds, especially with.
some of the Latin American teams that advanced into those rounds. A little bit of impact there. I would say something that I don't think was materially affecting the numbers based on what we can tell.
Yep.
Yep. Got it. Okay. All right. Thanks, guys.
Thanks. Appreciate it.
Thank you. The next question is coming from Omar Mejias of Wells Fargo. Please go ahead.
Morning. Thanks for the question. Sean, you've now reached 40 million addressable customers worldwide. Can you talk about that figure? How much has that expanded over the past year? Where are you seeing the clearest payoff from some of the personalization and direct marketing efforts you guys are doing? Thanks.
Thanks. We definitely think that it's one of the many things that are helping to support our growth and our market share advances. Tying that to the answer I had for some of the younger audiences. It's just a way for us to access a broader range of consumers. Another one of the questions is if we have more new consumers who are coming through our circuit, now we're establishing a communication channel to those individuals, to help try to drive repeat business. It's something that our marketing team focuses on very heavily, domestically and internationally, in just continuing to try to develop that connectivity.
Through these new tools and capabilities, aim to more personalize and customize things, using mass market types of promotions like Spider-Man, as well as more individual behavior type things to try to promote things that are going to be relevant and meaningful to those guests, so it really speaks to their interests. It's one of the things that we're certainly seeing has been complementary and helpful to just our ongoing performance, and we're leaning more and more into it.
That's great. My follow-up would be on the release cadence of films. You talked about how now we've probably made a little progress on some of the 45-day windows and commitments from studios. Another thing sort of limiting the potential box office would be the release cadence and how some studios just crowd the summer holiday periods. Can you talk about the importance of that, and if you guys are having conversations with studios and potentially spreading out the release cadence across the full year just to improve maximization of the box office? Thank you.
Sure. It's definitely a topic of discussion we have, and I think there's kind of broad recognition that there's opportunity there. I would just say when it comes to dating, there are a lot of factors that go into that in terms of trying to find the right slots for your entire slate if you're an individual studio, trying to work collectively with the filmmakers who are part of that and something that's going to work for them, looking at the competitive profile. There's a lot of different influences in the mix on that whole thing, which sometimes kind of factors into it, and doesn't always lead to, at the aggregate, when you put everything together, something that's maybe as optimal from a spread.
That said, it is something that is recognized as an opportunity, and trying to work through some of those challenges is something that we're all discussing and focused on. I think in time, we'll start to see that. Usually what winds up happening is, somebody will take a risk on doing that, find a huge success, and then that'll become the new date for something. I remember years ago, the summer would've started in June, and now that became May, and now it's kind of crept out into April. The periods just continue to expand a bit. As we've seen that movies can do real solid business any time of the year.
Super helpful. Thank you.
Thanks, Omar. Appreciate it.
Thank you. The next question is coming from Stephen Laszczyk of Goldman Sachs. Please go ahead.
Hey, thanks for taking the questions. Sean, I was just curious on a follow-up from an earlier question on capital allocation. I would love to get your latest thoughts on the opportunity set and your appetite for new builds and M&A as part of that framework. Whether any of that has evolved over the course of this year, whether that be in the U.S. or in some of your international markets.
Sure. Absolutely. When we think about the evolution of our business and positioning ourselves for ongoing success, growth through new builds, growth through M&A is certainly part of that equation. It's part of the calculus we look at. Specific to M&A, obviously, we're pretty disciplined in that regard. We do look at all opportunities. We tend to target, as I've mentioned in the past, quality assets that we have confidence can deliver solid, assured returns over time. Same goes for new builds, by the way. We want to make sure we're making smart decisions because these are big, long-term considerations. We're going to continue to be disciplined with our capital. We're looking for those right kinds of opportunities that we have high confidence in.
As Melissa said earlier, it's a balancing act of the investments we're making in future growth, the ongoing maintenance of a strong balance sheet, and then all that coupled with distributing excess capital to shareholders. We're constantly looking at our future projections of cash and cash generation, where things are going, and the opportunities to manage that balancing act. We're going to continue to remain disciplined as we move forward because it's proven to be very successful for us over time, and we think it will continue to be.
That's helpful. If I could just for Melissa on the expense lines, utilities and other, I was hoping you could perhaps unpack some of the trends that we've seen so far through the first half of the year. I know a lot's been made around electricity prices, some deferred maintenance in there as well. What are we seeing? Thoughts into the back half of the year, and then maybe even some of the early quarters of 2027. Any help there would be much appreciated.
Sure. From utilities and other standpoint, the increase that we've seen there is primarily driven by the increase in attendance, as many of those costs are variable and semi-variable in nature. Credit card fees, electricity costs, repairs and maintenance, janitorial would be examples of those. We've also seen higher gift card sales, which result in gift card commissions and fees increasing. You're seeing those dynamics play through in our second quarter results and frankly, first half of the year. On the electricity front in general, that is an area where we have been seeing, so unrelated to volume, we have been seeing rising market rates, which has translated into an increase in our costs that are running through this market or running through this line item.
Two of our key markets did have increases that were meaningful, and we've seen some of that already play through in the first half of this year. We'll see the remainder come through in the second half. I still do expect some impact on that line item year-over-year as a result of energy markets. That's not unique to us, but we do We have a heavy presence in markets like Texas, which do have spike in data center demand. That ultimately translates into the cost that we incur. On our ongoing efforts to address deferred maintenance needs across the circuit, that hasn't had a meaningful impact on a year-over-year basis, given we started that program last year.
As you think about year-over-year comp for even full year, we'll still continue to work through deferred maintenance needs in the second half of the year. I don't expect the year-over-year impact to be as meaningful as it was when you look at last year's comparisons.
Great. Thank you both.
Thanks, Stephen.
Thank you. The next question is coming from Patrick Sholl of Barrington Research. Please go ahead.
Hi. Thanks for taking the question. Maybe just starting off with following up on some of your commentary on younger demographics. Could you maybe provide a little bit more detail on the frequency of the various demographics and I guess the breadth of the share of each of those demos going to theaters versus the historical trends?
Sure. I'll do my best. I don't have all that information on hand, but I think when we've looked at audiences under the age of 25, I think their frequency is up something like 20% year-over-year, maybe even a touch higher as more and more types of films have resonated with that audience. I think that's been kind of the direction things have been moving in over the course of the past year. We're seeing things migrate in that direction, and it's something we're continuing to study. That also dovetails with, as I mentioned earlier, some of the broader industry studies in terms of what that had been done in this regard. Just really pleased with the progress. When we look at kind of the composition of what's coming going forward, we think that's going to continue.
One of the real interesting things that we've seen with that demographic is we're now getting into these generations that have grown up with devices. Interestingly, at one point there was some question as to would going to the movies and being asked to disconnect be an alienating thing to those audiences. In fact, what's turning out is exactly the opposite. They're valuing the experience more than other generations because it's more differentiated, it's a communal experience together, and it's just a whole different level of energy and connectivity. It's proving out to be something that is a big positive versus a negative with that generation, more so than, as I mentioned, others, which is really encouraging.
Okay. Thank you. Then just on the concession side, where would you say you are within merchandise as a driver of, or a component of growing concession revenue? Just in terms of how far you think that can run in terms of being a continued contributor.
From a merchandise standpoint, we feel good about our ability to grow. As you saw, likely in our executive commentary, we did reach a record $25 million merchandise sales in the quarter. That reflected both the strength of the film slate, also robust consumer demand for merchandise, as well as the ongoing execution of our merchandise initiatives. We have been focused on curating a compelling assortment of offerings. We've also been focused on targeted product allocations across our circuit, as well as enhancing our inventory optimization, and we've seen really nice benefits there in terms of sell-through rates, which drove some meaningful growth in merchandise revenue in the quarter. We do believe that we still have runway on the merchandise side.
I would say importantly, with movie-themed merchandise, not only does it generate strong demand for the merchandise itself, but it also enhances title awareness and audience engagement given its significant social media reach. That is an area as we think about catalysts for future per cap growth. That is one of the many tools in the toolkit that we're leaning into to drive sustainable long-term growth.
Okay. Thank you.
Thanks, Pat.
Thank you. At this time, I would like to turn the floor back over to Mr. Gamble for closing comments.
Okay. Thank you, Donna. Thank you everyone for joining us this morning. Really appreciate all the questions. We look forward to reconnecting in a few months to share and discuss our third quarter 2026 results. Hope you all have a great rest of the summer. Take care.
Ladies and gentlemen, this concludes today's teleconference. We thank you for your interest in Cinemark Holdings. You may disconnect your lines or log off the webcast at this time. Enjoy the rest of your day.
Investor releaseQuarter not tagged2026-07-29Marriott to Report Q2 Earnings: What's in Store for the Stock?
Zacks
Marriott to Report Q2 Earnings: What's in Store for the Stock?
Marriott International, Inc. MAR is scheduled to report second-quarter 2026 results on Aug. 3, before the opening bell.MAR’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 1.5%. The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at $3.06, indicating growth of 15.5% from $2.65 reported in the year-ago quarter. Marriott International, Inc. price-eps-surprise | Marriott International, Inc. Quote For revenues, the consensus mark is pegged at nearly $7.3 billion. The metric suggests a rise of 7.7% from the year-ago quarter’s figure. Let's look at how things have shaped up in the quarter. Marriott’s second-quarter 2026 performance is likely to have benefited from resilient leisure demand, improving select-service trends, solid group business and continued growth in fee revenues. The company expects global RevPAR to increase between 1.5% and 2.5% in the quarter under review. Continued strength across the United States and Canada and incremental demand related to the FIFA World Cup are likely to have supported performance.Group and business-transient demand are likely to have aided MAR’s second-quarter performance. Group booking pace for full-year 2026 was running approximately 5% ahead of the prior year, providing a healthy base of business entering the seccond quarter. Business-transient trends, excluding government travel, also remained solid. Continued strength across leisure, group and select-service categories is likely to have supported RevPAR growth in the United States and Canada. Our model predicts second-quarter RevPAR in the United States and Canada to increase 2.1% year over year.The company’s fee-driven business model is expected to have supported earnings in the quarter under review. Marriott expects second-quarter gross fees to increase between 10% and 11%, supported by RevPAR growth and higher contributions from co-branded credit cards and residential branding. Credit-card fees are expected to increase meaningfully, while residential branding fees are anticipated to more than double year over year. Our model predicts second-quarter gross fee revenues to rise 10.8% year over year to $1.6 billion.However, second-quarter performance is likely to have been tempered by geopolitical disruption in the Middle East and softer demand in ce…Read full documentShow less
Marriott International, Inc. MAR is scheduled to report second-quarter 2026 results on Aug. 3, before the opening bell.MAR’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 1.5%. The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at $3.06, indicating growth of 15.5% from $2.65 reported in the year-ago quarter. Marriott International, Inc. price-eps-surprise | Marriott International, Inc. Quote For revenues, the consensus mark is pegged at nearly $7.3 billion. The metric suggests a rise of 7.7% from the year-ago quarter’s figure. Let's look at how things have shaped up in the quarter. Marriott’s second-quarter 2026 performance is likely to have benefited from resilient leisure demand, improving select-service trends, solid group business and continued growth in fee revenues. The company expects global RevPAR to increase between 1.5% and 2.5% in the quarter under review. Continued strength across the United States and Canada and incremental demand related to the FIFA World Cup are likely to have supported performance.Group and business-transient demand are likely to have aided MAR’s second-quarter performance. Group booking pace for full-year 2026 was running approximately 5% ahead of the prior year, providing a healthy base of business entering the seccond quarter. Business-transient trends, excluding government travel, also remained solid. Continued strength across leisure, group and select-service categories is likely to have supported RevPAR growth in the United States and Canada. Our model predicts second-quarter RevPAR in the United States and Canada to increase 2.1% year over year.The company’s fee-driven business model is expected to have supported earnings in the quarter under review. Marriott expects second-quarter gross fees to increase between 10% and 11%, supported by RevPAR growth and higher contributions from co-branded credit cards and residential branding. Credit-card fees are expected to increase meaningfully, while residential branding fees are anticipated to more than double year over year. Our model predicts second-quarter gross fee revenues to rise 10.8% year over year to $1.6 billion.However, second-quarter performance is likely to have been tempered by geopolitical disruption in the Middle East and softer demand in certain international markets. Marriott expects Middle East RevPAR to decline approximately 50% in the quarter, while reduced connectivity through Gulf hubs may have pressured long-haul demand in select Asia-Pacific markets, including India and the Maldives.Softer trends at Mexican luxury resorts, renovation-related disruption at certain owned and leased hotels and higher compensation expenses may also have weighed on results. Marriott expects second-quarter incentive management fees to decline in the mid-single-digit range and G&A expenses to increase in the mid- to high-single-digit range. Our model predicts incentive management fees to decline 3.8% year over year to $192.4 million. We expect G&A expenses to increase 9.2% year over year to $229.2 million in the quarter to be reported. Our proven model predicts an earnings beat for Marriott this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.Earnings ESP for MAR: Marriott has an Earnings ESP of +1.88%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Marriott’s Zacks Rank: The company currently has a Zacks Rank #3. Here are some other stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.Life Time Group Holdings, Inc. LTH has an Earnings ESP of +1.12% and sports a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Life Time Group is expected to register a 21.6% increase in earnings for the to-be-reported quarter. LTH reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 10.9%.Marriott Vacations Worldwide Corporation VAC currently has an Earnings ESP of +5.26% and a Zacks Rank of 3. Marriott Vacations earnings for the to-be-reported quarter are expected to increase 1%. VAC reported better-than-expected earnings in three of the trailing four quarters and missed on one occasion, the average surprise being 0.7%.Cinemark Holdings, Inc. CNK currently has an Earnings ESP of +6.40% and a Zacks Rank of 3.Cinemark’s earnings for the to-be-reported quarter are expected to increase 57.1%. CNK reported lower-than-expected earnings in each of the trailing four quarters, the average miss being negative 20.4%. 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 Marriott Vacations Worldwide Corporation (VAC) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : 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

