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Fortune
Fortune
Sydney Lake

AMC Theatres posts best revenue and attendance since pandemic began as it closes money-losing locations and rakes in cash from 'Barbenheimer' bonanza

(Credit: getty)

Nostalgia and curiosity peaked moviegoer interest this summer—and theaters, which were plagued during the pandemic, saw a major revival. In fact, AMC Theatres reported its best quarterly earnings in its 103-year history this week, largely thanks to the mass attendance at the Barbie and Oppenheimer movies, which had box office sales of $1.4 billion and $947 million, respectively.  

AMC, the largest movie chain in the world, posted $1.4 billion in total revenue for the third quarter, up more than 45% year-over-year.  

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