5 Killer Stats

308 million

Visitors to Cineworld cinemas

A record number of people visited Cineworld’s 790 sites last year, helping drive a 7.2% increase in revenues. However, performance in the UK and Ireland was less impressive with growth of just 3% being recorded, although the company highlights touch comparatives after the success of Star Wars in 2017. In the UK, Avengers, Mamma Mia and Incredibles 2 were the most popular screenings.
308 million

Up $2

Netflix price increase

Online streaming giant Netflix has announced price increases in a number of countries this week. The move doesn’t affect UK subscribers, but those in the US will see average monthly charges jump $2 – or almost 20%. The company is facing an ongoing battle to create more unique content in a bid to build audiences, but this all costs money. Investors welcomed the idea however, with shares jumping around 6% on the back of the news.
Up $2

Up 15%

JD Sports total sales

The sports retailer issued a trading update this week covering the Christmas period and appears to be bucking the trend seen by many on the High Street. Sales are marching higher and the expectation is that profits for the year to February 2nd will now come in at the upper end of £325-£352 million range which was forecast. A lack of discounting and a strong multi-channel offering seem to be helping drive the success of the business.
Up 15%

$25 million

Government shut down cost to Delta

Altanta-based Delta Airlines reported a sharp jump in quarterly revenues this week, but cautioned that the ongoing US government shut down would cost around $25 in lost ticket sales in January. Not only are some government workers going without pay, the stand-off in Washington is reported to be costing the wider US economy $1.5 billion every fortnight.
$25 million

43%-45%

Boohoo revenues up

More good news from the retail sector with online fashionistas Boohoo posting an impressive update this week. The company was already starting from a strong position and had expected sales growth of between 38% and 43% for the full year, but that has been bumped up. Investors however weren’t so confident, with shares sliding almost 10% at one point as a result.
43%-45%

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