Record-Breaking Box Office Performance
The Minecraft movie generated over $950 million in global box office proceeds, contributing to a 35% year-over-year increase in North American industry box office to $2.7 billion.
Significant Revenue and EBITDA Growth
Cinemark's revenue grew 28% year-over-year to $941 million, and adjusted EBITDA increased 63% to $232 million with a 500 basis point margin expansion.
Strong U.S. Market Performance
Domestic segment generated its highest quarterly revenue ever at $759.3 million, with a 33% increase year-over-year. Domestic concession revenue exceeded $300 million for the first time.
International Market Resilience
International adjusted EBITDA increased 32% to $44.1 million with a 380 basis point margin expansion to 24.3%.
Increased Loyalty Program Participation
Cinemark's loyalty programs accounted for over 55% of domestic box office proceeds, with Movie Club subscriptions up 12% year-over-year.