Redbox was founded in 2002 and is headquartered in Oakbrook Terrace, US
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Key People/Management at Redbox
Galen Smith
Chief Executive Officer
Sonia Jain
Chief Financial Officer
Frederick Stein
SVP, General Counsel & Secretary
Jeff Kist
Chief Accounting Officer
Jason Kwong
Chief Strategy and Business Development Officer
Ash ElDifrawi
Chief Marketing and Customer Experience Officer
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Redbox Office Locations
Redbox has an office in Oakbrook Terrace
Oakbrook Terrace, US (HQ)
1 Tower Ln #900, IL 60181, USA
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Redbox Financials and Metrics
Summary Metrics
Founding Date | 2002 |
Redbox is a subsidiary of Outerwall
Redbox Financials
Redbox's revenue was reported to be $1.76 b in FY, 2015 which is a 6.4% decrease from the previous period.
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 |
|---|---|---|---|---|---|---|---|---|
Revenue | 513 m | 442.8 m | 435.1 m | 519.5 m | 439 m | 395.4 m | 421.5 m | 389.1 m |
Cost of goods sold | 363.6 m | 317.4 m | 308.1 m | 342.9 m | 301.4 m | 269 m | 299 m | 271.7 m |
Gross profit | 149.4 m | 125.5 m | 127 m | 176.6 m | 137.5 m | 126.4 m | 122.5 m | 117.3 m |
Gross profit Margin, % | 29% | 28% | 29% | 34% | 31% | 32% | 29% | 30% |
- Source: Outerwall SEC Filings
Redbox Operating Metrics
| FY, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Kiosks | 42.90 k | 44.10 k | 43.90 k | 43.79 k | 42.28 k | 41.96 k | 41.34 k | 40.79 k | 40.48 k | 40.21 k | 39.97 k |
Locations | 36.40 k | 36.40 k | 36.30 k | 36.21 k | 36.14 k | 34.43 k | 33.84 k | 33.31 k | 33.06 k | 32.92 k | 32.71 k |
Rentals | 772.87 m | 199.97 m | 169.32 m | 172.17 m | 717.13 m | 173.05 m | 146.05 m | 132.65 m | 587.55 m | 137.70 m | 123.59 m |
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Redbox News and Updates
December 13, 2017
Redbox unveils its service for digital movie purchases and rentals
Redbox, the company behind the ubiquitous supermarket kiosks for renting DVDs, is moving into the world of digital streaming.
Technically, Redbox On Demand is still in beta, but this marks the broader launch of the streaming service that Redbox was testing last year. It’s available on the web, Andr…
December 13, 2017
Redbox is giving digital video another shot
Redbox is once again trying to move beyond DVD and Blu-ray rentals, this time with a digital on-demand video service. Similar to other a la carte stores like iTunes and Vudu, Redbox will offer 48-hour rentals for $4, and purchases starting at $10, though it won’t support 4K HDR video at the moment. …
November 27, 2017
3 Traits Employers Must Look for to Hire Successful People
Independence, empathy and the ability to learn from failure are this CEO's keys to hiring the right people.
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