Welcome to our dedicated page for Six Flags Entertainment Corporation news (Ticker: FUN), a resource for investors and traders seeking the latest updates and insights on Six Flags Entertainment Corporation stock.
Six Flags Entertainment Corporation (NYSE: FUN) operates North America's largest regional amusement park portfolio, blending thrill rides with iconic character experiences. This news hub provides investors and industry observers with timely updates on financial performance, strategic partnerships, and operational developments shaping the theme park leader.
Access official press releases covering quarterly earnings, new attraction launches, and intellectual property collaborations with brands like DC Comics and Looney Tunes. Our curated news collection simplifies tracking of critical updates including safety innovations, park expansions, and sustainability initiatives across 27 amusement and 15 water parks.
Key coverage areas include annual pass program updates, seasonal event announcements, and management changes. Bookmark this page for direct access to Six Flags' SEC filings, media statements, and market-moving developments – all organized chronologically for efficient research and analysis.
Cedar Fair (NYSE: FUN) reported a record third quarter for 2021 with net revenues of $753 million, up 5% from 2019. This growth is attributed to attendance at approximately 82% of 2019 levels and record in-park per capita spending of $64.26, a 29% increase from 2019. October 2021 saw revenues of $219 million, a 42% increase from 2019. The company plans to pay down debt and resume cash distributions to unitholders by early 2023, driven by strong demand and consumer spending trends.
Cedar Fair Entertainment Company (NYSE: FUN) will announce its 2021 third quarter financial results before market opens on November 3, 2021. Following the release, a conference call will be held at 10 a.m. EDT, featuring Cedar Fair's President and CEO Richard Zimmerman, along with CFO Brian Witherow and Investor Relations Director Michael Russell. Investors can listen via a live audio webcast on Cedar Fair's investor site. The company operates 13 properties including amusement parks and water parks across the U.S. and Canada, focusing on providing memorable experiences.
Cedar Fair Entertainment Company (NYSE: FUN) announced participation in the KeyBanc Capital Markets Leisure Summer Roundup Conference on Thursday, Sept. 23, 2021. The discussion will feature President and CEO Richard Zimmerman and Executive Vice President and CFO Brian Witherow in a 30-minute fireside chat starting at 10:40 a.m. ET. Investors can access the live chat via Cedar Fair's Investors website, with no replay available. Cedar Fair operates 13 properties, including 11 amusement parks and four water parks, dedicated to providing immersive entertainment experiences.
Cedar Fair Entertainment Company (NYSE: FUN) has appointed Ty Tastepe as the new Senior Vice President and Chief Information Officer. Located in Charlotte, North Carolina, he will report directly to CEO Richard A. Zimmerman. Tastepe brings over 20 years of experience in digital transformation from major brands like Universal, Hilton, and Disney. His expertise aims to enhance guest experiences and strengthen Cedar Fair's technology and data security initiatives, aligning with the company's investment priorities.
Cedar Fair Entertainment Company (NYSE: FUN) reported strong performance through Labor Day, with 2021 attendance hitting 12.9 million and net revenues reaching $879 million. This marks a significant increase from 2020's figures of 2.1 million visits and $134 million in revenues. For the comparable 10-week period, revenues increased by $3 million from 2019 to $645 million, with in-park spending up by 25%. The company anticipates continued momentum into 2022, with season pass sales surpassing early numbers from the previous record year, underlining robust demand for immersive experiences.
Cedar Fair Entertainment Company (NYSE: FUN) reported strong demand for its amusement and water parks in Q2 2021, with net revenues reaching $224 million, up from $7 million in Q2 2020. Attendance rose by 3.4 million visits thanks to 354 additional operating days compared to last year. In-park per capita spending increased to $55.94. While total operating costs rose to $227 million, the operating loss decreased to $38 million from $142 million in 2020. The company maintains strong liquidity with $652 million available and anticipates $50 million in annual run-rate benefits from its Business Optimization Program.
Cedar Fair Entertainment Company (NYSE: FUN) is considering the development of a new esports arena in Sandusky, aiming to attract youth and collegiate gaming. The proposed venue will accommodate 1,500 spectators and feature 200 gaming stations, enhancing the entertainment offerings at Cedar Point. Partnering with Esports Development Co. LLC, the estimated cost of the project is $28 million. If approved, construction is expected to start before year-end, with opening anticipated in the first half of 2023.
Cedar Fair Entertainment Company (NYSE: FUN) will release its 2021 second quarter financial results on Wednesday, August 4, 2021, before the market opens. A conference call with management, including President and CEO Richard Zimmerman and CFO Brian Witherow, will follow at 10 a.m. EDT to discuss the results and provide a business outlook. Investors can listen via a live webcast on Cedar Fair’s investor site, with a recorded version available shortly after the call concludes.
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