[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

SCVNews.com | Regal Entertainment Smashes Expectations for 4Q 2012 | 02-07-2013
Inside
Weather
Santa Clarita CA
Rain
Rain
55°F
 
Calendar
Today in
S.C.V. History
November 1
1963 - Community of Canyon Country founded; first Frontier Days celebration [story]


regalRegal Entertainment Group earned $37.3 million in the final quarter of 2012 – nearly 10 times more than the $4 million it earned one year earlier – on revenues of $723.1 million (versus $613.9 million).

Analysts knew it would be a better year-end for Regal, which operates operates 6,880 screens in 540 theaters across the country, including the Edwards Valencia and Canyon Country movie theaters – but they underestimated just how good the holiday season would be. Market makers were expecting $705.8  million in revenues and adusted earnings of 21 cents per share; actual adjusted earnings were 28 cents per share (versus 10 cents a year earlier).

Attendance rose by nearly 15 percent to 54.76 million (versus 47.68 million). Average ticket prices rose 18 cents on the year to $8.86 from $8.68, and each patron spent a bit more on sodas and popcorn as the average per-person concession sale rose to $3.44 from $3.34 one year earlier.

During 2012, Regal added 13 theaters and 66 screens to its inventory. The average number of screens per theater rose to 12.7 from 12.6.

Regal CEO Amy Miles said 2012 was a banner year. Pre-tax earnings were never higher, and the margin of revenues over expenses was the best it’s been in six years.

“Looking ahead, we are encouraged by the early 2013 box office results and the films scheduled for release in the coming months,” she said in a statement.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

Comments are closed.

LOCAL BUSINESS LINKS
LOCAL BUSINESS HEADLINES
FINANCIALS OF LOCAL INTEREST
MARKETS & METALS
NASDAQ4630.742  chart +1.41%
S&P 5002018.05  chart +1.17%
STOCKS OF LOCAL INTEREST
Bank Santa Clarit9.00  chart +0.00%
Biosolar, Inc.0.21  chart +23.53%
Cu Bancorp (ca)19.75  chart -0.45%
Enable Ipc Corp0.0035  chart +0.00%
Flextronics Inter10.72  chart +4.48%
Linn Energy, Llc24.94  chart +0.77%
Linn Co, Llc23.97  chart +1.31%
Mannkind Corporat6.01  chart -1.15%
Mission Vly Bcp C5.86  chart +0.00%
Quest Diagnostics63.46  chart -0.03%
Santa Clara Valle6.00  chart +1.18%
Tejon Ranch Co Co30.18  chart +0.53%
Us Energy Initiat0.0018  chart +5.88%
Wesco Aircraft Ho17.75  chart -0.67%

Apple Inc.108.00  chart +0.95%
At&t Inc.34.84  chart +0.96%
Autonation, Inc. 57.26  chart +2.43%
Best Buy Co., Inc34.14  chart +1.55%
Big Lots, Inc. Co45.65  chart +1.56%
Barnes & Noble, I21.82  chart +2.97%
Brady Corporation23.84  chart +2.14%
Bre0.00  chartN/A
Bry0.00  chartN/A
Boston Scientific13.28  chart +0.76%
Brookfield Reside23.25  chart -0.21%
Cbre Group Inc Co32.00  chart +1.68%
Carnival Corporat40.15  chart +0.20%
Comcast Corporati55.35  chart +1.84%
Costco Wholesale 133.37  chart +0.28%
Curtiss-wright Co69.21  chart -1.59%
Cvs Health Corpor85.81  chart +0.30%
Cemex, S.a.b. De 12.30  chart +1.49%
D.r. Horton, Inc.22.79  chart -0.09%
Walt Disney Compa91.38  chart +1.29%
Edison Internatio62.58  chart +0.03%
Hyatt Hotels Corp59.22  chart -1.12%
Home Depot, Inc. 97.52  chart +0.00%
Kb Home Common St15.74  chart -2.24%
Kroger Company (t55.71  chart +1.18%
Lennar Corporatio43.08  chart -0.62%
Laboratory Corpor109.29  chart +1.77%
Linn Energy, Llc24.94  chart +0.77%
Linn Co, Llc23.97  chart +1.31%
Lowe's Companies,57.20  chart +1.65%
Marriott Internat75.75  chart -0.33%
Mcdonald's Corpor93.73  chart +0.37%
Mitsubishi Ufj Fi5.88  chart +5.38%
Netflix, Inc.392.77  chart +3.63%
Office Depot, Inc5.22  chart +2.55%
Regal Entertainme22.15  chart +0.18%
Republic Services38.40  chart -3.52%
Radioshack Corpor0.92  chart -8.00%
Starbucks Corpora75.56  chart -2.28%
Sears Holdings Co34.92  chart -4.95%
Six Flags Enterta40.30  chart +0.20%
Sonova Hldg N149.80  chart +0.33%
Staples, Inc.12.68  chart +0.96%
Supervalu Inc. Co8.63  chart +0.47%
Safeway Inc. Comm34.86  chart +0.23%
Target Corporatio61.82  chart +0.06%
Time Warner Cable147.21  chart +3.03%
Ulta Salon, Cosme120.81  chart +0.21%
Walgreen Co. Comm64.22  chart +2.00%
Waste Connections49.90  chart +0.22%
Whole Foods Marke39.33  chart +1.44%
Waste Management,48.89  chart +0.70%
Wal-mart Stores, 76.27  chart -0.24%
Woodward, Inc.51.21  chart +1.53%
CURRENCY CONVERTER

Latest Additions to SCVNews.com
1963 - Community of Canyon Country founded; first Frontier Days celebration [story]
Liberia had begun to turn around its high infant mortality rate and had also begun to improve maternity care, but of course with so few doctors in a country grappling with Ebola, there are concerns that maternity care will suffer with 45 doctors available for a country with a population of 4.5 million and Ebola spreading rapidly.
Medical Superheroes | Commentary by Jennifer Fischer
Tonight on SCV NewsBreak: Golden Oak students dressed in their Halloween costumes and collected sweet treats as they traveled “Down the Rabbit Hole" to a colorful tea party at the school's annual Fall Festival.
SCV NewsBreak for Friday, October 31, 2014
Charter schools provide a choice for parents to educate their children. Charters are not to be mistaken for pricey private schools, but they certainly provide what public schools are not and possibly, with all of the bureaucracies, bureaucrats and red tape, cannot.
Schools: Public vs. Charter
Doreetha Daniels has never been presented with a challenge quite like the one she’s taking on in the year 2014 — passing a college statistics class.
98 is the New 21 for COC Student
The Hart football team takes on Saugus in a Foothill League game tonight at College of the Canyons.
SCV Sports Wrapup for Oct. 31
Jonathan Kraut, who currently works as a state-trained PI for Net Check Investigations, performs a variety of investigative tasks to uncover the truth about his cases.
No ‘Typical’ Day for SCV Private Investigator
The City of Santa Clarita encourages residents to apply for the opportunity to participate in local government as the City of Santa Clarita representative of the Greater Los Angeles County Vector Control District (District) Board of Trustees. The upcoming vacancy will become available when the current term of office expires on January 5, 2015.
City Seeks Local Rep for Vector Control Board, Applications Due Nov. 21
Special Enforcement Officers conducted their yearly Operation Safe Halloween and found a Santa Clarita sex offender living with children.
Deputies Arrest SCV Sex Offender Living in Home With Kids
A lawsuit over alleged California Voting Rights Act violations prompted a Los Angeles County judge to initiate contempt proceedings against four Palmdale city officials, including a candidate for the 36th Assembly District.
Voting Rights Lawsuit Leads to Contempt Proceedings for Palmdale
Special Enforcement Officers (SEO) set out in the pre-dawn hours of Halloween looking to see if 66 of the Department’s highest risk child predators are in compliance with their court orders.
Registered Sex Offender Arrested in Santa Clarita During “Operation Safe Halloween”
Santa Clarita Valley business owners and Assemblyman Scott Wilk, R-Santa Clarita, met in Valencia on Friday to discuss how to handle small business lawsuit abuse.
SCV Business Owners Attend Lawsuit Abuse Summit
A Canyon Country man accused in his father’s murder was held to answer to the charges.
Canyon Country Man to Stand Trial for Father’s Murder
Golden Valley is still looking for its first league win in over eight years. Will it happen Friday night against the West Ranch Wildcats?
Friday Night Football on SCVTV and KHTS
The Master’s College women’s soccer team finished off its regular-season schedule with a 1-0 victory over the San Diego Christian Hawks at El Cajon.
Lady Mustangs Take Down Hawks
Coupled with wins from Westmont and Vanguard, the loss (5-4-1 GSAC, 9-8-1 overall) dropped the Mustangs (16 points) out of sole possession of third place into a fourth-place tie with Vanguard.
Heartbreaking Regular Season Finale for TMC
While the lowly butterfly cannot bite, cannot hit or punch and cannot kick, it is capable of protecting itself from its usual predators.
Not So Defenseless | Commentary by Paul A. Levine
1923 - Newhall Chamber of Commerce petitions state to pave Spruce Street (now Main); it happens three years later [story]
SCV NewsBreak: Deputies arrested two men on felony charges Wednesday for allegedly causing several thousand dollars in damages at a local golf club.
SCV NewsBreak for Thursday, October 30, 2014
COBRA detectives believe Isiah Garcia has been using the graffiti monikers of “RANE” and “KASE” for over five years
SCV Detectives Arrest Suspect in 5-Year Graffiti Investigation
Perhaps the event’s most exciting exhibition will be its first ever water bottle rocket launching contest, to be held courtesy of the Astronomy and Physics Club (APC), Engineering Club, and the Mathematics Engineering Science Achievement (MESA) program.
Nov 7: COC to Host Star Party
Jurors found Eric Edwards and Diamonte McGee guilty Thursday in the 2011 Halloween murder in Canyon Country.
Guilty Verdict in Halloween 2011 Murder Case
The Valencia girls swept Golden Valley in three games. The Vikings are game behind Hart in the Foothill League standings at 7-1. They are 19-5 overall.
SCV Sports Wrapup for Oct. 30