In[]:=
a={{a11,a12},{a21,a22}}//MatrixForm;​​b={{b11,b12},{b21,b22}}//Grid;​​c={{c11,c12},{c21,c22}}//MatrixForm;
In[]:=
a.b.c
Out[]=

a11
a12
a21
a22
.
b11
b12
b21
b22
.
c11
c12
c21
c22

In[]:=
First[a].First[b].First[c]
Out[]=
{{(a11b11+a12b21)c11+(a11b12+a12b22)c21,(a11b11+a12b21)c12+(a11b12+a12b22)c22},{(a21b11+a22b21)c11+(a21b12+a22b22)c21,(a21b11+a22b21)c12+(a21b12+a22b22)c22}}