Qsrc How to Bet Against the Mainstream Media
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Canada s largest movie theatre exhibitor Cineplex TSX:CGX reported its fourth-quarter and 2018 year-end results earlier this month. On the surface, things might seem mildly okay, but a deeper dive into the numbers reveals a more discouraging picture.Full-year revenues for 2018 came in at $428 million, little changed from 2017 s revenues of $426 million. Net income, meanwhile
stanley mugs , was a reported at $27 million, which, while it was only $2 million less than 2017 s reported net income of $29 million, represented a 5.7% year-over-year decline. But, to be perfectly honest, a 5.7% one-year decline wouldn t in and of itself be enough to scare me away from a company if I believed it to be an otherwise attractive dividend investment.What I find most disturbing
stanley water bottle about Cineplex s latest earnings relea
stanley cup se was that attendance across the company s chain of theatres continues to experience declines.Theatre attendance across the Cineplex network was 17 million in 2018, down -3.2% from 2017 s theatre atten