Six Flags Entertainment Corporation Stock Price, News & Analysis

Six Flags Entertainment Corporation (NYSE: FUN) has extended its partnership with accesso Technology Group through a new 5-year eCommerce agreement for continued use of the accesso Passport® platform. The renewal, effective January 1, 2026, covers online ticketing across 42 Six Flags properties in North America, including those acquired in the Cedar Fair merger.

The partnership, which began in 2006, has facilitated the sale of hundreds of millions of tickets. The accesso Passport platform provides comprehensive ticketing solutions, including daily tickets, season passes, memberships, and flexible payment plans, with integrated up-sell capabilities. The agreement runs through December 31, 2030, with Six Flags having an option to terminate on December 31, 2027, with 12 months' advance notice.

Six Flags Entertainment Corporation (NYSE: FUN) announced that President and CEO Richard A. Zimmerman will step down from his position by the end of 2025. Zimmerman, who has been in the amusement park industry for 38 years, will continue serving as CEO and Board member until a successor is appointed.

The Board has initiated a comprehensive search process with a global executive search firm to identify the next CEO, considering both internal and external candidates. The announcement comes approximately one year after the successful merger between legacy Cedar Fair and Six Flags companies, during which Zimmerman has led integration efforts and cost synergy initiatives.

Executive Chairman Selim Bassoul highlighted Zimmerman's contributions in optimizing the company's operations and implementing strategies to increase Adjusted EBITDA, reduce net leverage, and create shareholder value.

Six Flags Entertainment (NYSE:FUN) reported disappointing Q2 2025 results and updated its full-year guidance. The company posted net revenues of $930 million but recorded a net loss of $100 million. Total attendance was 14.2 million guests, down 9% year-over-year, with in-park per capita spending at $62.46.

July performance showed improvement with attendance up 1% to 11 million guests, though revenues declined 3%. The company faced significant weather challenges in Q2, with 379 operating days impacted and 49 park closure days. Management revised full-year 2025 Adjusted EBITDA guidance to $860-910 million and announced plans to reduce costs by $90 million in the second half of 2025.

Six Flags Entertainment (NYSE: FUN), North America's largest regional amusement park operator, has scheduled its 2025 second quarter earnings release for August 6, 2025. The company will release results before market open, followed by a conference call at 10:00 AM EDT.

The earnings call will feature CEO Richard Zimmerman and CFO Brian Witherow, who will discuss Q2 results and provide business outlook updates. Investors can access the live audio webcast through Six Flags' investor website, with a recorded version available shortly after the call.

Six Flags Hurricane Harbor Arlington (NYSE: FUN) has unveiled Splash Island, marking the largest investment in the water park's history. The new 58,000-square-foot family water playground features a 50-foot-tall multi-level treehouse, 17 water slides, and over 100 interactive water features, including a 1,000-gallon tipping bucket.

The expansion includes enhanced amenities such as new double-decker family cabanas and a reimagined Smokehouse on the Water restaurant featuring in-house smoked meats. The water park, the largest in North Texas, will operate daily through Labor Day 2025.

Six Flags Entertainment Corporation (NYSE: FUN) has announced the availability of 2024 Schedule K-3 tax forms for former Cedar Fair unitholders. The forms, which contain information about international tax items, can be accessed through the Six Flags investors website and the K-1 Tax Package Support webpage.

The forms primarily affect foreign unitholders and certain investors who need to compute foreign tax credits. Support is available via phone at 866-569-8675 on weekdays between 9 a.m. and 6 p.m. ET.

Six Flags Entertainment Corporation (NYSE: FUN) reported its Q1 2025 results following its merger with Cedar Fair in July 2024. The company posted net revenues of $202 million and a net loss of $220 million. Total attendance reached 2.8 million guests, with in-park per capita spending at $65.40. April 2025 showed positive momentum with attendance up 1% and season pass sales increasing 6% year-over-year. The company faced challenges including later timing of Easter and Spring Break holidays, weather issues, and economic uncertainty. Despite these headwinds, management maintained their full-year Adjusted EBITDA guidance, citing strategic adjustments to operating calendars, cost optimization, and merger synergy realization as key factors in navigating the challenging environment.

Six Flags Entertainment Corporation (NYSE: FUN) has announced the closure of Six Flags America and Hurricane Harbor in Bowie, Maryland, after the 2025 operating season. The approximately 500-acre property will be marketed for redevelopment through CBRE as part of Six Flags' portfolio optimization program. The park, which employs around 70 full-time associates, will continue operations until its final day on November 2, 2025. CEO Richard Zimmerman stated that the park no longer aligns with the company's long-term growth strategy, and redevelopment is expected to generate the highest value. The company will provide severance and benefits to eligible associates. The closure is not expected to materially impact Six Flags' 2025 financial results, and all 2025 season passes and tickets will be honored throughout the final season.

Wescom Financial is celebrating the grand opening of its branch at Knott's Berry Farm on April 29, 2025, marking it as the first financial institution to open a branch at the theme park. The branch, located in Knott's California Marketplace, opened in September 2024.

The celebration includes special invitations to members impacted by the Eaton wildfires, offering them complimentary lunch at Mrs. Knott's Chicken Dinner Restaurant, theme park character meet-and-greets, and park access. As part of their wildfire relief efforts, Wescom is launching a Knott's Visa® Credit Card promotion from April 21st to May 31st, matching dollar-for-dollar on all Knott's credit card purchases up to $10,000 to benefit the Los Angeles Fire Department Foundation.

The event features a ribbon-cutting ceremony at 11:30 a.m., followed by a VIP lunch reception and park activities. To date, Wescom and its members have raised over $214,000 for Southern California wildfire relief efforts.