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) is widely covered in financial and corporate news due to its role as North America’s largest regional amusement-resort operator and its active capital markets, governance and expansion activities. This news page aggregates company-issued updates and other coverage related to Six Flags’ amusement parks, water parks, resort properties and international projects.
Recent company news highlights a variety of topics, including the pricing and closing of a private offering of 8.625% senior notes due 2032 and the planned redemption of existing senior notes due 2027, as described in press releases and corresponding Form 8-K filings. Coverage also includes strategic decisions about specific assets, such as the choice not to exercise a call option related to the partnership that holds Six Flags Over Texas, while continuing to operate and invest in that park under existing agreements.
Operational and guest-focused updates are another key theme in Six Flags news. The company issues releases on the opening of new parks and attractions, such as Six Flags Qiddiya City in Saudi Arabia, which it describes as its first theme park designed and built outside North America with 28 rides and attractions across six themed lands. Seasonal event announcements, including WinterFest, Holiday in the Park, Knott’s Merry Farm and Christmas in the Park at selected parks, showcase how Six Flags combines rides with holiday lights, live entertainment and themed food and beverage offerings.
Investors and observers can also find leadership and governance updates in the news flow, such as the appointment of John Reilly as President and Chief Executive Officer and changes to the board of directors. In addition, news items reference shareholder engagement by groups like JANA Partners and Sachem Head Capital Management LP. By following this page, readers can see how Six Flags communicates financial performance, capital structure decisions, seasonal programming and corporate governance developments over time.
Cedar Fair Entertainment Company (NYSE: FUN) announced the transition of Duffield E. Milkie from his role as Executive Vice President, General Counsel, and Corporate Secretary after nearly 14 years. His resignation is effective immediately, although he will continue as an employee until September 30, 2021, in a nonexecutive capacity. After this date, he will serve as Of Counsel Advisor until February 2022. CEO Richard A. Zimmerman praised Milkie's leadership during transformative company developments and highlighted his contributions to successful public/private partnerships.
Cedar Fair Entertainment Company (NYSE: FUN) will participate in the Stifel 2021 Virtual Cross Sector Insight Conference from June 8-10. President and CEO Richard Zimmerman is set for a fireside chat on June 10 at 10:40 a.m. ET. The presentation will last 30 minutes and can be accessed via a live webcast on Cedar Fair's Investor website. A replay will be available post-event. Cedar Fair operates 13 properties, including amusement and water parks, committed to providing memorable experiences across various U.S. states and Ontario, Canada.
Cedar Fair Entertainment Company (NYSE: FUN) is set to participate in the Goldman Sachs Travel and Leisure Conference on June 7-8, 2021. CEO Richard Zimmerman will engage in a 30-minute analyst-led 'fireside chat' on June 8 at 10:35 a.m. ET. Investors can access the live webcast on Cedar Fair’s Investor website under the 'Events & Presentations' section. A replay will be available afterward. Cedar Fair operates 13 properties, including 11 amusement parks and 4 water parks, across various states and Canada, focusing on creating immersive, memorable experiences.
Cedar Fair Entertainment Company (NYSE: FUN) reported its Q1 2021 results, revealing a significant decline in revenues to $10 million, down from $54 million in Q1 2020 due to pandemic impacts. Attendance fell by 936,000 visits, while operating costs decreased to $99 million from $138 million. The company recorded a net loss of $110 million, or $1.95 per diluted LP unit, an improvement from a $216 million loss in the prior year. The balance sheet remains stable with $272 million cash on hand and $631 million in total liquidity, while the company prepares to reopen parks by Memorial Day Weekend.
Cedar Fair Entertainment Company (NYSE: FUN) will release its 2021 Q1 financial results on May 5, 2021, prior to the market opening. A conference call will follow at 10 a.m. EDT, featuring President and CEO Richard Zimmerman and CFO Brian Witherow, discussing the financial results and future business outlook. Investors can access the call through Cedar Fair's investor site, with a recording available after the event. Cedar Fair operates 13 properties, including 11 amusement parks and four water parks across various locations in the United States and Canada.
Cedar Fair Entertainment Company (NYSE: FUN) announced its plans for the 2021 season, aiming to fully reopen all properties and enhance guest experiences with new attractions and events. With a loyal base of 1.8 million season pass holders, attendance is expected to rise as COVID-19 vaccinations increase. The company plans to hire around 45,000 seasonal associates across its U.S. properties. Notable highlights include the opening of South Bay Shores waterpark in California and Cedar Point's 150th anniversary celebration, featuring new rides and special events.
Cedar Fair Entertainment Company (NYSE: FUN) has announced that its 2020 tax packages, including Schedule K-1, are now available online. Unitholders can access these documents via Cedar Fair’s website under the Unitholder Resources tab. The company expects to complete mailing these tax packages by March 10, 2021. For further inquiries, unitholders can contact the K-1 Tax Package Support Team during business hours at 866-569-8675.
Cedar Fair Entertainment Company (NYSE: FUN) has appointed Seenu Sarma as senior vice president and chief procurement officer. This strategic move aims to enhance procurement efficiency across its amusement parks and entertainment properties. CEO Richard A. Zimmerman expressed confidence in Sarma's extensive experience, including roles at Dean Foods and Deloitte, to streamline operations and optimize costs. Cedar Fair operates 13 amusement and water parks across the United States and Canada, focusing on delivering immersive entertainment experiences.
Cedar Fair Entertainment Company (NYSE: FUN) reported significant impacts from COVID-19 for its 2020 financial results, with net revenues dropping to $182 million from $1.47 billion in 2019 due to a 25.3 million-visit decline. An operating loss of $572 million marked a stark contrast to the previous year's income of $309 million. Despite these challenges, the company maintains optimism for 2021, with plans to resume normal operations and grow its season pass base, expecting a recovery in attendance driven by vaccine distribution and increased outdoor entertainment demand.
Cedar Fair Entertainment Company (NYSE:FUN) will announce its 2020 fourth quarter financial results on February 17, 2021, before the market opens. The company will host a conference call at 10 a.m. EST to discuss these results and provide insights into its business outlook. Participants will include CEO Richard Zimmerman and CFO Brian Witherow. Investors can join the live audio webcast on Cedar Fair's investor site, with a recorded version available afterward.