Cinemark Facing Cost Pressures in 2025 -- Market Talk

Dow Jones

2025/02/20

1414 ET - Cinemark is still facing some cost headwinds to its profitability that could undercut the benefits of a stronger box office this year. The movie-theater chain expects to incur higher repair and maintenance costs in 2025 as it addresses some deferred maintenance needs across the chain, CFO Melissa Thomas says on a call with analysts. The company also expects its film rental rates to increase from last year given that there will be a greater concentration of blockbuster movies, the CFO says. Cinemark is projecting some modest increases in its overhead costs as it brings on more staff and makes targeted investments. (dean.seal@wsj.com)

(END) Dow Jones Newswires

February 19, 2025 14:14 ET (19:14 GMT)

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The movie-theater chain expects to incur higher repair and maintenance costs in 2025 as it addresses some deferred maintenance needs across the chain, CFO Melissa Thomas says on a call with analysts. The company also expects its film rental rates to increase from last year given that there will be a greater concentration of blockbuster movies, the CFO says. Cinemark is projecting some modest increases in its overhead costs as it brings on more staff and makes targeted investments. (dean.seal@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 19, 2025 14:14 ET (19:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}