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Sydnee Gatewood
Sydnee Gatewood
Articles (1184) 

Bernard Horn Comments on Cineworld

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October 18, 2019 | About:

Theater operator Cineworld’s (LSE:CINE) pretax profit declined in the first half of the year, attributable to timing of blockbuster films when compared with the year before, but the company reported it was on track to meet full-year expectations. Cineworld has been actively refurbishing some of its high-traffic locations and introduced an unlimited movie pass within the U.S. market; both efforts are expected to help bolster Cineworld results regardless of the upcoming movie slate.

From Bernard Horn (Trades, Portfolio)'s third-quarter 2019 Polaris Global Value Fund shareholder letter.

About the author:

Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg

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