Large Movie Theater Chain In MN To Close Locations

AMC Theatres plans to close more locations as it continues to grapple with sluggish post-pandemic box office numbers, company executives warned this week.

AMC, the world's largest movie theater chain, reported that attendance dropped nearly 10 percent in the final quarter of 2025 compared to the same period the year before, executives reported on the company's Tuesday earnings call.

The report prompted shares in AMC to drop to a multi-year low of $1.16 on Monday, Deadline reported.

The company has shuttered 213 locations over the past five years. It now has about 850 locations, including six in Minnesota, all of which are located around the Minneapolis-St. Paul metro. Executives said they plan to close more locations.

"We will continue to take actions to close theaters, to reduce leases as we go forward," Chief Financial Officer Sean Goodman said.

Goodman said the leases at around 85 locations are up for renewal this year. Executives will analyze those locations to determine whether it makes the most financial sense to renew them or walk away and shutter any given location.

But that's only part of the equation, he said.

While AMC has closed over 200 theaters in recent years, it's also opened 25 new ones. Goodman said that reflects a desire to focus on the most profitable opportunities.

"You're going to see the similar sort of pace going forward, we'll be closing more theaters than we open, but the new ones that we open are generating significantly more profit than the ones that we close," Goodman said.

AMC has not revealed which locations it plans to close.