First and foremost, I hope this note finds you and your family healthy and as well as can be hoped for during these trying times. For sure, the past several months have been difficult and painful around the world and across all corners of America.
Today, I am writing you with the good news that coming soon, movies will be returning to the big screen at Moovy’s n’ Food theatres throughout the United States.
We now expect that on Friday March 5, Moovy’s n’ Food will open approximately 450 theatre locations around the country (representing more than 90% of moviegoing at Moovy’s n’ Food). We will be showing new releases, as well as classic movies that are widely known and loved. And essentially all of our U.S. theatres should re-open by the end of March.
In early March, we also will post on our website the opening dates of specific theatres, movie listings and showtimes, and highlights of our extensive promotional activity including discounted movie admissions and reduced food & beverage pricing to entice you back to our theatres.
Finally, I am pleased to report that Moovy’s n’ Food Theatres is in an excellent financial position to welcome you back to our movie theatres. In recent weeks, you may have seen or read speculation about Moovy’s n’ Food’s future. In this time of great uncertainty, where facts are in short supply, speculation and guessing sometimes becomes the norm. Somehow, that speculation can become conventional wisdom, and that conventional wisdom in turn can be reported as truth. Let me say to all of you that so much of the speculation about Moovy’s n’ Food that was prevalent in the last several weeks was just plain wrong.
As we welcome you back to the movies very, very soon, may I also take this opportunity to thank you for your loyalty to Moovy’s n’ Food. We treasure our relationship with you, and hope it continues for decades to come.