Six Flags Entertainment Corporation ( (FUN) ) has released its Q1 earnings. Here is a breakdown of the information Six Flags Entertainment Corporation presented to its investors.
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Six Flags Entertainment Corporation, the largest regional amusement park operator in North America, operates 27 amusement parks, 15 water parks, and nine resort properties across the U.S., Canada, and Mexico, offering a variety of thrilling experiences and attractions.
In its first-quarter earnings report for 2025, Six Flags Entertainment Corporation revealed a net revenue of $202 million, with a net loss of $220 million. The company, which recently merged with Cedar Fair, reported an increase in attendance and in-park spending despite challenges such as weather and economic uncertainty.
Key financial highlights include a 1.5 million increase in attendance, primarily due to the merger with legacy Six Flags parks, and a 6% rise in in-park per capita spending. However, the company faced a significant net loss due to increased operating costs and expenses, largely attributed to the merger. Additionally, the company reported a $171 million adjusted EBITDA loss for the quarter.
Looking ahead, Six Flags remains optimistic about its growth prospects, focusing on integrating the merged company, optimizing costs, and enhancing guest experiences. The company anticipates recovering from timing shifts in events and expects to drive growth during the peak summer season.
Six Flags’ management maintains a positive outlook for 2025, emphasizing their confidence in the company’s strategic plans and ability to navigate economic challenges. They aim to improve profitability and shareholder value through targeted cost reductions and strategic initiatives.