AMC Entertainment: Better 2024 Movie Slate Gives Hope

Marti157900 Back in October, I said I thought it was possible that AMC Entertainment Holdings (NYSE:AMC) could de-lever if movie attendance returned to pre-pandemic levels. That hasn’t happened yet, but the company did generate positive operating cash flow in Q3 and the 2024 movie slate looks more robust than it did for 2023. Company Profile As a reminder, AMC is a movie theatre operator with venues throughout the United States and Europe. At the end of September, the company had 904 theatres with 10,07 ...