Regal Entertainment Group Declares Dividend as Revenue Climbs

The largest U.S. theater chain took in nearly $800 million in Q4, its first since taking itself off the block

Regal Entertainment Group, the largest U.S. theater circuit, on Thursday reported total revenues of $799.1 million in the fourth quarter of 2014, compared to $739.9 million for the comparable period in 2013.

In its first earnings report since taking itself off the market last month, the theater chain founded by billionaire Phillip Anschutz reported after the market closed that it had net income of $46.3 million in the fourth quarter of 2014, compared to $24 million in 2013.

The decision to forego a sale came four months after Regal said it was considering that course of action among other strategic options.

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