General Cinema Corp. said its earnings jumped...
General Cinema Corp. said its earnings jumped to $35.9 million in its second quarter from $16 million in the year-ago period. Revenue rose to $631.3 million from $238.3 million. This is the second quarter in which the results of Neiman-Marcus Group are consolidated with the Chestnut Hill, Mass., company. General Cinema owns 50% of NMG’s common stock, and all of NMG’s 6% preferred stock, which is convertible into an additional 9.9% of NMG common. General Cinema is a major independent bottler of Pepsi-Cola, Dr Pepper and 7-Up products in the United States and operates one of the nation’s largest theater circuits.
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