Business
Six Flags Entertainment Corporation Reports 2025 First Quarter Results
CHARLOTTE, N.C., May 08, 2025--SIX FLAGS ENTERTAINMENT CORPORATION REPORTS 2025 FIRST QUARTER RESULTS
About this update from Six Flags Entertainment Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":300,"url":"https://media.zenfs.com/en/business-wire.com/f875c90ddefdb337181ff91fd425ccbe"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xaNamZtbh218JxrpCza_RA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYwMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/f875c90ddefdb337181ff91fd425ccbe","width":480,"height":300}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Second quarter off to solid start with Combined Company attendance in April up 1% despite weather challenges","length":108,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":108,"olType":false},{"type":"text","content":"CHARLOTTE, N.C., May 08, 2025--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: FUN), the largest regional amusement park operator in North America, today announced its results for the 2025 first quarter ended March 30, 2025, and updated its full year Adjusted EBITDA outlook for 2025.","length":296,"tagName":"p"},{"type":"text","content":"Since legacy Cedar Fair and legacy Six Flags closed the merger transactions (the "Merger") on July 1, 2024, to form the new Six Flags Entertainment Corporation (the "Company" or the "Combined Company"), legacy Cedar Fair has been determined to be the accounting acquirer for financial statement purposes. Accordingly, the reported results presented in this earnings release reflect the financial results for the Combined Company from Jan. 1, 2025, through March 30, 2025 (and for the five-week period ended May 4, 2025), and include only legacy Cedar Fair’s results (before giving effect to the Merger) for the first three months of 2024 (and, except as otherwise indicated, for the five-week period ended May 5, 2024).","length":749,"tagName":"p"},{"type":"text","content":"First quarter results are expected to represent approximately 7% of the Combined Company’s full-year attendance and net revenues, as approximately two-thirds of the parks in the combined portfolio are closed during the period, and most parks in operation are primarily only open on weekends. Consequently, the Company operates at a loss during the first quarter.","length":362,"tagName":"p"},{"type":"text","content":"First Quarter...