AMC stock gains from Wal-Mart popcorn sale

Shares of AMC Entertainment Holdings jumped on Tuesday after the company said it was working with Walmart to launch a line of popcorn.

Snack lovers will be able to get AMC (bar: AMC) movie theater-type popcorn at their local Walmart (WMT) starting March 11th. The new line includes six items, including three flavors of microwaveable and pre-made popcorn.

the…

Shares of AMC Entertainment Holdings jumped on Tuesday after the company said it was working with Walmart to launch a line of popcorn.

Snack lovers will be able to get AMC (bar: AMC) movie theater-type popcorn at their local Walmart (WMT) starting March 11th. The new line includes six items, including three flavors of microwaveable and pre-made popcorn.

The products will be available exclusively on special displays at select Walmart locations, but by April, AMC Popcorn will be on the shelves of more than 2,600 Walmart stores. The company said AMC plans to offer popcorn through other distribution channels later this year.

AMC has built its popcorn business out of theaters over the past two years. It has opened a number of kiosks and stores dedicated to selling fresh popcorn in shopping centers, as well as launching a home delivery service. I have teased a home product for several months now.

“With the launch of a new line of ready-to-eat microwave and popcorn from AMC Theaters, AMC is once again delivering on its promise to moviegoers and our investors,” said CEO Adam Aron.

Announcement – scroll to continue


AMC reports fourth-quarter earnings after the close of trading on Tuesday.

See also  Elon Musk presents Twitter buy: live news, updates, and feedback

Shares of AMC rose 5.4% to $8.02. Wal-Mart shares were unchanged at $141.45.

Write to Sabrina Escobar at [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *