David Miller's questions to Regencell Bioscience Holdings (RGC) leadership • Q3 2017
Question
David Miller asked for clarification on an $11.9 million net loss on disposals, the drivers behind the strong concession per cap, and for any commentary on advance ticket sales for the upcoming Star Wars movie.
Answer
CFO David Ownby clarified the loss was a non-cash asset impairment charge. He attributed the strong per cap to enhanced food/alcohol offerings ($0.14), core item pricing ($0.16), and volume ($0.06). CEO Amy Miles stated that while she couldn't share specific numbers, Regal is 'very pleased' with Star Wars advance sales compared to the previous film.