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iPic Entertainment Priced, Nasdaq: IPIC

Operates 16 combination movie theater and dining locations.

Industry: Communication Services

First Day Return: -18.2%

Industry: Communication Services

iPic strives to be our guest's favorite local destination for a night out on the town. Our newest facilities blend three distinct areas - a polished-casual restaurant, a farm-to-glass full-service bar, and our world-class luxury theater auditoriums with in-theater dining - into a one-of-a-kind experience. Our chefs and mixologists create craveable food and drink offerings that are outstanding on a standalone basis, but it is the interplay between our movie-entertainment, dining and full-service bar areas that is the defining feature of a typical four-hour guest experience. With constantly changing movie content and menu offerings, each visit is different, providing our customers with a reason to visit us repeatedly. We believe that we deliver an experience that is innovative, unique and cannot be easily replicated at home or elsewhere. Our locations also act as great venues for private events, family and business functions and other corporate events. We currently operate 121 screens at 16 locations in 10 states, with an additional 4 locations under construction, and a pipeline of an additional 15 sites that either have a signed lease or are in lease negotiations. During 2016, our revenue mix was 51% food-and-beverage and 46% theater.
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iPic Entertainment (IPIC) Performance