Cinemark: July 2023 domestic box office month in company history

Cinemark Holdings announced that the July 2023 domestic box office performance was the company’s highest-grossing month in company history. This accomplishment corroborates the company’s sentiment that consumer demand for theatrical moviegoing is as strong as ever. Cinemark was able to out-perform the industry with its record-setting July by capitalizing on the month’s wide range of compelling film releases through its longstanding focus on providing an extraordinary guest experience and the execution of its companywide strategic initiatives. “This month’s record-setting result validates consumer enthusiasm for experiencing films in an immersive, larger-than-life, cinematic environment is as strong as ever,” said Sean Gamble, Cinemark President and CEO. “As has clearly been demonstrated time and again over the past two years, a theatrical release provides an elevated viewing experience that delights audiences, increases promotional impact, builds significant cultural moments, and generates enhanced value for all forms of content. I’d like to commend our studio partners and the creative community for producing such compelling content, as well as our remarkable Cinemark team for driving these results.”