Cineplex Stock Rises on Strong Box Office Performance Amid Economic Challenges
Canadian movie theater chain Cineplex (TSE:CGX) saw modest gains in Tuesday morning trading as revenue growth underscored the enduring appeal of theatrical releases. Despite broader economic headwinds, box office revenue surged 163% in May 2025 compared to February 2024, reaching C$55.3 million.
Hit titles like the live-action remake of How to Train Your Dragon and Final Destination: Bloodlines drove foot traffic. The trend mirrors March''s positive results, suggesting a robust summer ahead for the exhibitor as Hollywood''s pipeline delivers crowd-pleasing content.