RE: US box office30 Jun 2021 23:14
How fast and how far can stock recover.
Well you noted June as c. 1/3 of what it was against 2019, right!?
Anyone that hasn't slept the last year and half knows where we are.
Anyone invested here should know when our cinemas started to reopen, when we had all open and what restrictions have been etc.
So assuming everyone knows this it's fair to say the business has been/is going through a rapid change in circumstances, as is the industry as it reawakens and starts to gather pace.
So back to your 1/3 comparison.
How about weekend just gone as most recent picture in the recover stage!?
$98,655,098 v $151,841,074 for the comparitive 2019 weekend.
FF 9 this year / Toy Story 4 for 2019
This number shows industry move from 1/3 for month to 65% (c. 2/3) for most recent recorded period.
Trend line going right way and currently suggests at some pace (noted a way to go yet).
I do expect a marked further improvement next month and for some yet.
Anyone wishing to note this and revisit then I am happy to be held to account on this.