[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
Santa Clarita CA
Today in
S.C.V. History
March 3
1882 - George Campton's Newhall general store explodes [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.

NASDAQ4979.901  chart -0.56%
S&P 5002107.78  chart -0.45%
Bank Santa Clarit9.35  chart +0.00%
Biosolar, Inc.0.10  chart -0.10%
Sierra Bancorp16.44  chart +0.86%
Cu Bancorp (ca)20.85  chart -0.33%
Enable Ipc Corp0.004  chart -4.76%
Flextronics Inter11.92  chart -2.53%
Linn Energy, Llc11.67  chart +0.95%
Linn Co, Llc10.60  chart -1.03%
Mannkind Corporat6.16  chart -7.23%
Mission Vly Bcp C6.25  chart -0.79%
Quest Diagnostics70.98  chart +0.11%
Tejon Ranch Co Co24.57  chart -0.65%
Us Energy Initiat0.0013  chart +0.00%
Wesco Aircraft Ho15.51  chart +0.91%

Apple Inc.129.36  chart +0.21%
At&t Inc.34.41  chart -0.66%
Autonation, Inc. 62.28  chart -0.51%
Best Buy Co., Inc39.18  chart +1.42%
Big Lots, Inc. Co47.69  chart -2.43%
Barnes & Noble, I25.13  chart -1.26%
Brady Corporation27.24  chart -0.15%
Boston Scientific16.76  chart -1.76%
Brookfield Reside24.22  chart +0.04%
Cbre Group Inc Co34.48  chart -0.95%
Carnival Corporat44.69  chart -1.11%
Comcast Corporati59.96  chart +0.15%
Costco Wholesale 147.37  chart -0.39%
Curtiss-wright Co73.01  chart -0.54%
Cvs Health Corpor103.45  chart -0.71%
Cemex, S.a.b. De 9.98  chart -1.77%
D.r. Horton, Inc.26.57  chart -2.10%
Walt Disney Compa106.35  chart +0.43%
Edison Internatio63.74  chart +0.03%
Hyatt Hotels Corp61.26  chart -0.81%
Home Depot, Inc. 116.07  chart -0.04%
Kb Home Common St13.52  chart -2.17%
Kroger Company (t69.98  chart -1.35%
Lennar Corporatio49.45  chart -1.18%
Laboratory Corpor123.86  chart +0.41%
Linn Energy, Llc11.67  chart +0.95%
Linn Co, Llc10.60  chart -1.03%
Lowe's Companies,75.01  chart -0.11%
Marriott Internat83.91  chart -1.08%
Mcdonald's Corpor99.74  chart -0.26%
Mitsubishi Ufj Fi6.33  chart -1.86%
Netflix, Inc.474.71  chart -1.15%
Office Depot, Inc9.455  chart -0.05%
Rexford Industria16.19  chart -1.10%
Regal Entertainme23.56  chart -0.46%
Republic Services41.60  chart +0.43%
Rsh0.00  chartN/A
Starbucks Corpora94.00  chart -0.24%
Sears Holdings Co38.12  chart +1.93%
Six Flags Enterta46.95  chart +0.49%
Sonova Hldg N134.00  chart -0.22%
Staples, Inc.16.81  chart -1.20%
Sunpower Corporat33.33  chart -0.36%
Supervalu Inc. Co9.90  chart -0.90%
Swy0.00  chartN/A
Target Corporatio78.00  chart +0.41%
Time Warner Cable156.74  chart +0.79%
Ulta Salon, Cosme142.03  chart -1.11%
Waste Connections47.54  chart +1.19%
Whole Foods Marke55.53  chart -1.23%
Waste Management,55.18  chart +0.60%
Wal-mart Stores, 83.37  chart -0.70%
Woodward, Inc.48.54  chart -0.90%

Latest Additions to SCVNews.com
Tonight on SCV NewsBreak: Thursday's at Newhall are gearing up to start the season beginning March 5th.
SCV NewsBreak for Tuesday, March 3, 2015
Presented in partnership with the SCV Family of Water Suppliers, Earth Arbor Day is a fun, festive and free way to learn about new eco-friendly products, programs and local organizations, as well as to increase your family’s environmental awareness.
The Hills Are Alive | Message from the City Manager
Shannon Rider, a Santa Clarita Valley mom and full-time Verizon employee, was diagnosed last year with Stage IV PMP cancer, or pseudomyxoma peritonei appendix cancer, with a prognosis of 2 to 5 years.
Days Numbered, Local Mom Needs Help for Surgery
The proposed application will request replacement of two of the current buses for the SCV Senior Center that are almost 15 years old as well as provide GPS navigation and tracking systems for all five buses to improve efficiency of transportation services.
March 16 Hearing: Senior Center Seeks Bucks for Buses
Workshops and seminars for local entrepreneurs, from the Small Business Development Center at College of the Canyons.
Learn Secrets to Starting a New Business
Over 40 restaurants and caterers serve up all the food you can eat, all the wine & beer you can drink, plus top-notch entertainment, silent & live auctions in a beautiful garden setting.
May 3: Taste of the Town (Mark Your Calendar)
The Palmdale Sheriff's Station has the largest patrol area of all Los Angeles County Sheriff’s Department stations, covering an area approximately 1,300 square miles and serving more than a quarter of a million community members.
Off-road Enforcement: Policing On the Rocks
The Red Cross is here to make sure you are as prepared as you possibly can be for potential disasters and other emergencies. These events can strike suddenly, at any time and anywhere. There are three actions everyone can take that can help make a difference.
March 6: Red Cross Shares Disaster Prep Tips Over Lunch
Living up to the billing as a NCAA Division I transfer, Russell Byrd capped a prolific regular season by being named to the 2014-15 All-GSAC Men’s Basketball Team presented by Under Armour.
TMC’s Byrd Named All-GSAC
On the eve of the first round of the 2015 GSAC Basketball Tournament, TMC’s Bianca Cubello & Megan Lindsley have been named to the 2014-15 Women's Basketball All-GSAC Team presented by Under Armour.
Cubello and Lindsley Named to All-GSAC Women’s Basketball Team
Santa Clarita City officials are teaming up with the Santa Clarita Sheriff's Department in order to increase awareness about car break-ins.
Your Car: Lock It Or Lose It
The Santa Clarita Valley Sanitation District continues to answer questions, provide additional information, and take comments from the public on the Supplemental Environmental Impact Report for Alternate Deep Well Injection,. A third public hearing on the Draft SEIR will take place on March 9, 2015, at the Santa Clarita Activities Center.
San District Issues Update on Chloride Project; 3rd Hearing Next Week
Fire Prevention Fee bills for fiscal year 2014-15 began mailing Monday to more than 700,000 rural Californians, many of whom are receiving a bill for the fourth time.
Residents Being Billed for State Fire Fees Again; Runner Protests
1882 - George Campton's Newhall general store explodes [story]
Tonight on SCV NewsBreak: Castaic Union School District officials are hosting a series of meetings to discuss the district’s financial troubles.
SCV NewsBreak for Monday, March 2, 2015
Are you a native Spanish speaker? Would you like to be in a play? Come out to the Newhall Community Center and participate with Crezca Teatro Comunitario, a new theatre project specifically for local Spanish speaking residents.
March 7: Spanish Language Theater Project at Newhall Center
Olympian and Canyon High grad Alysia Montano earned the first indoor title of her career Sunday in Boston where she won the USATF 2015 Indoor National Championship 600 meter dash in 1:26.59.
Canyon High Grad Wins National Championship in Indoor Track and Field
This week's events and activities from the Santa Clarita Valley Chamber of Commerce.
SCV Chamber This Week (3-2-2015)
We are continuing our most popular Thursday night events and offering some new and fun happenings in the coming year to bring all kinds of free entertainment to enjoy in Old Town Newhall. No need to travel “over the hill” to experience a great night life.
The Place to Be
School officials are cutting $4.1 million from the operating budget through layoffs for 30 teachers throughout the district ($2.36 million); a reduction in classified staff, the equivalent of 13 full-time positions ($417,000); reductions in administrative staff expected to save more than $340,000; $50,000 in reduced transportation services; and the aforementioned reduction of $300,000 in services each year. The district also decided to move its sixth-grade classrooms to the elementary school, from the middle school, which is expected to save a little more than $230,000.
Cash-strapped Castaic School District Implementing Cuts
The next seven-week course runs April 9 through May 21 and will teach basic survival skills that can be crucial during disasters such as earthquakes, fires, floods and other life-threatening situations.
Sign Up to Become a Certified Emergency Responder
Native Voices at the Autry, a theatre company devoted exclusively to developing and producing new works for the stage by Native American, Alaska Native and First Nations playwrights, presents Randy Reinholz’s "Off the Rails," which opened Feb. 27 and continues through March 15, at the Autry National Center.
CalArtians Behind the Scenes of ‘Off the Rails’ at the Autry
Board of Equalization Vice Chair and Jessica’s Law author George Runner criticized the California Supreme Court's decision Monday to strike down mandatory residency restrictions on San Diego County sex offenders under Jessica’s Law without providing any alternative.
Court Nixes Key Part of Sex Offender Law; Authors Cite Danger
The SCV Sanitation District will find a new site for a deep well injection plan to remove chloride from the Santa Clara River, officials said Monday.
Officials to Find Different Location for Chloride Injection Well