Welcome to our dedicated page for United Parks news (Ticker: prks), a resource for investors and traders seeking the latest updates and insights on United Parks stock.
United Parks & Resorts Inc. (PRKS) delivers immersive theme park experiences through iconic brands like SeaWorld and Busch Gardens. This news hub provides investors and industry observers with timely updates on financial performance, conservation initiatives, and strategic developments shaping this entertainment leader.
Track key updates including quarterly earnings, new attraction launches, animal welfare milestones, and partnership announcements. Our curated news collection simplifies monitoring PRKS' market position within the competitive leisure sector.
Discover official statements on park expansions, sustainability efforts, and operational innovations. Content spans earnings calls, leadership changes, and educational initiatives from the company’s renowned rescue programs.
Bookmark this page for streamlined access to PRKS’ evolving story – from Sesame Place updates to SeaWorld’s latest marine conservation projects. Check regularly for neutral, factual reporting on one of the theme park industry’s most diversified operators.
United Parks & Resorts (NYSE:PRKS) announced that its stockholders have approved a $500 million share repurchase program on September 3, 2025. The company's CEO Marc Swanson highlighted their strong balance sheet and significant free cash flow generation as key factors enabling this capital return initiative.
The buyback program comes with a specific qualification that prevents repurchases that would cause Hill Path's ownership to reach or exceed 70%. The program will be executed through various methods including open market purchases and privately-negotiated transactions, with no time limit set. The timing and volume of purchases will be determined by factors including trading windows, liquidity, market conditions, and other legal and financial considerations.
United Parks & Resorts (NYSE:PRKS) reported mixed Q2 2025 results with attendance growth of 0.8% to 6.2 million guests despite challenging weather conditions. However, financial metrics declined year-over-year with total revenue decreasing 1.5% to $490.2 million and net income falling 12.1% to $80.1 million.
For the first six months of 2025, the company saw attendance slightly decrease by 0.1% to 9.6 million guests, while revenue declined 2.2% to $777.2 million. The Board approved a significant new $500 million share buyback program, subject to non-Hill Path shareholder approval.
Despite headwinds, the company reported positive trends in international and group visitation, with encouraging forward booking trends showing mid to high single-digit growth for the remainder of 2025 and strong early indicators for 2026.
United Parks & Resorts (NYSE: PRKS) has scheduled its second quarter 2025 financial results announcement for August 7, 2025, before market opening. The company will host a conference call and live webcast at 9 a.m. Eastern Time on the same day.
Investors can access both the earnings release and conference call through the company's website at www.UnitedParksInvestors.com. A replay will be available from 12 p.m. ET on August 7 through 11:59 p.m. ET on August 14, accessible via the website or by phone using specific dial-in numbers for U.S., Canadian, and international callers.
Busch Gardens Williamsburg has officially opened The Big Bad Wolf: The Wolf's Revenge, North America's longest family inverted coaster. The new attraction features over 2,500 feet of track and reaches speeds of 40 miles per hour. Set in a Bavarian village theme, the coaster is designed to be family-friendly with a minimum height requirement of 42 inches with supervision or 48 inches without.
The attraction, which opened on May 23, 2025, has already received positive feedback from Members during an exclusive preview. The opening ceremony included local dignitaries, Wolf Scouts, and park leadership. To celebrate, the park is offering a Memorial Day sale with up to 35% savings on Fun Cards and Memberships.