2019 has been billed as a transitional year by AMC Entertainment‘s () management. It’s the year that Stubs A-List — the company’s subscription service answer to the — came into its own; the company started screening at select theaters; and it recently became the first theater to take a stab at home entertainment by launching .
The world’s largest cinema chain is testing new ideas, and it’s driving decent enough growth in a mature industry. In fact, management said the company’s Stubs A-List program is already profitable. But profits overall have been subdued during this period of “transition”, and debt is high from its acquisition spree of Odeon & UCI, Nordic Cinema Group, and Carmike Cinemas a couple years ago. This could be a but probably