Six Flags

Six Flags Entertainment Corp. operates theme parks. It operates under the brand name Six Flags, which offers rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company was founded by Angus G. Wynne Jr. in 1961 and is headquartered in Arlington, TX.

Earnings data Q3 2020

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Earnings data Q1 2024

Earnings data Q3 2024

Six Flags achieves record Q4 earnings, eyes growth opportunities

Six Flags (SIX) delivered a strong performance in Q4 2022 with record adjusted EBITDA and per capita spending growth.
The company faces challenges from attendance declines, inflation costs, and the need to attract more guests.
Opportunities lie in expanding attendance, enhancing guest experiences, and exploring new revenue streams.
Strategic focus on financial discipline, guest enhancements, and long-term growth positions Six Flags for future success.

Six Flags reports record revenue and guest satisfaction growth

Six Flags' Q1 2023 showcased strong financial performance, driven by transformation efforts and a focus on guest satisfaction. The company faces challenges in managing costs and maintaining consistent park performance but has opportunities in dynamic pricing and enhancing guest experiences.

Six Flags reports strong Q2 performance and eyes global expansion

Six Flags' Q2 2023 earnings call highlighted strong performance indicators, strategic pillars for growth, and a focus on enhancing guest experiences and driving profitability.
Despite challenges like weather impact and cost efficiencies, the company is leveraging strengths in season pass sales, per capita spending, and international expansion to capitalize on opportunities for growth.
With a commitment to improving EBITDA margins, investing in guest experience, and expanding globally, Six Flags is poised to navigate challenges and seize opportunities for long-term success.

Six Flags reports solid Q4 earnings, focuses on growth strategies

Six Flags demonstrated strong financial performance and a strategic focus on enhancing guest experiences and driving revenue growth through technology and operational improvements.
While facing challenges in meeting projections and weather impacts, the company is investing in modernizing systems, increasing per caps, and rebuilding the active pass base to drive profitability.
Opportunities in technological innovation, customer experience enhancements, and international expansion present avenues for growth and improving EBITDA margins amidst industry challenges.

Six Flags reports positive Q1 performance, focuses on growth

Six Flags showcased positive performance indicators despite revenue challenges, with a focus on enhancing guest experience through technology and upcoming initiatives. The company's strategic emphasis on growth, sustainability, and profitability positions it well for future success, leveraging opportunities in the merger and new offerings for the 2024 season.

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Six Flags Entertainment Corp. engages in the ownership and operation of theme parks and water parks. It operates under the brand name Six Flags, which offers rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company was founded by Angus G. Wynne Jr. in 1961 and is headquartered in Arlington, TX.

“We don't expect to make up our weather related losses.”

Six Flags' bottom line battered by extreme weather as attendance plunges by 400K

Six Flags Entertainment Corporation (NYSE:SIX ) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Company Participants Evan Bertrand – Vice President-Investor Relations and Treasurer Selim Bassoul – President and Chief Executive Officer Gary Mick – Chief Financial Officer Conference Call Participants James Hardiman – Citi Steve Wieczynski – Stifel Thomas Yeh – Morgan Stanley Ian Zaffino – Oppenheimer David Katz – Jeffries Lizzie Dove – Goldman Sachs Robert Aurand – KeyBanc Capital Markets Barton Crockett – Rosenblatt Operator Good morning, ladies and gentlemen. Welcome to the Six Flags' Second Quarter 2023 Earnings Conference Call.

Six Flags Entertainment Corporation (SIX) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Six Flags (SIX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Six Flags (SIX) Q2 Earnings

Disney

Recent earning calls from two of the US's premier theme park chains show hint at a growing sense of apathy within America's world-class rollercoaster circuit. Six Flags reported second-quarter revenues of US$444 million, up 2% from US$435 million in the same period in 2022, but down 3.5% from 2021 numbers.

Six Flags and Disney results show Americans are abandoning the rollercoaster circuit

Six Flags (SIX) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.69 per share a year ago.

Six Flags (SIX) Q2 Earnings and Revenues Miss Estimates

Six Flags Entertainment Corp.'s stock SIX, -1.21% slid 5% premarket Thursday, after the theme park operator posted weaker-than-expected second-quarter earnings and revenue that fell short of estimates. The Arlington, Texas-based company had net income of $21 million, or 25 cents a share, for the quarter to July 2, down from $45 million, or 53 cents a share, in the year-earlier period.

Six Flags' stock slides 5% premarket after earnings fall short of estimates

ARLINGTON, Texas--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: SIX), the world's largest regional theme park company and the largest operator of water parks in North America, today reported second quarter Revenue of $444 million, Net Income of $21 million, and Adjusted EBITDA of $161 million. “Following a year of transition, our strategy is taking hold. Despite a challenging weather backdrop in the first half of the year, we are seeing a return to a solid growth trajectory in att.

Six Flags Reports Second Quarter 2023 Performance

LOS ANGELES--(BUSINESS WIRE)-- #FrightFest--Six Flags Magic Mountain, the Thrill Capital of the World, is set to make hearts race and pulses pound this Fall as the park celebrates 30 chilling years of Fright Fest. The electrifying lineup of attractions features two daunting new haunted houses taking the fear factor to new heights, the return of a fan-favorite haunted house, menacing new characters ready to send shivers down your spine, and the expansion of one of the park's most popular scare zones. With 30.

Six Flags Magic Mountain Celebrates 30 Chilling Years of Fright Fest with 30 Nights of Frights

ARLINGTON, Texas--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release second quarter financial results before the market opens on Thursday, August 10, 2023. An investor conference call will follow beginning at 7:00 a.m. Central Time. The call can be accessed through the Six Flags Investor Relations website, investors.sixflags.com, or by dialing 1-833-629-0614 in the United States or +1-412-317-9257 outside the United States and requesting the Six Fla.

Six Flags Sets Date to Announce Second Quarter 2023 Earnings

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After a steep drop in attendance, the theme-park operator is trying to upgrade its brand; the wafting aroma of barbecue.

Six Flags Has a New Summer Attraction. It's Not a Roller Coaster.

ARLINGTON, Texas--(BUSINESS WIRE)--Six Flags Entertainment Corporation, the world's largest regional theme park company and the largest operator of water parks in North America, is looking for dedicated team members that want to save lives. Six Flags is so passionate about safety that the company is offering to train up to 4,500 lifeguards for free. The robust lifeguard training includes much more than water skills. All Six Flags lifeguards are trained and credentialed using the world-renowned.

Six Flags Launches World's Largest Lifeguard Recruitment Campaign

Six Flags Entertainment Corporation

SeaWorld Entertainment

Goldman Sachs has initiated coverage of Six Flags with a sell rating, concerned about its turnaround strategy. Cedar Fair and SeaWorld Entertainment were initiated with buy ratings.

Sell Six Flags, Buy Cedar Fair and SeaWorld?

Amazon

Six Flags Magic Mountain visitors will soon have one less line to wait in and more time to spend riding roller coasters when a new Amazon-powered grab-and-go cashierless shop opens at the Valencia amusement park.

Two 'Six Flags' parks rolling out Amazon-powered grab-and-go cashierless shops

Delta Air Lines Inc. DAL, +1.27% said late Tuesday that Michael Spanos, 58, has been named the company's chief operating officer, effective June 12. Spanos served as chief executive officer of Six Flags Entertainment Corp. SIX, -1.90% from November 2019 to November 2021, Delta said, and prior to joining the amusement park company spent more than 25 years as an executive at PepsiCo Inc. Shares of Delta were flat in the extended session after ending the regular trading day up 1.3%.

Delta names former Six Flags executive its new COO

Six Flags took significant price increases in 2022, causing a 26% drop in attendance YOY. Management acknowledged the aggressive pricing approach in the Q4 2022 call and plans to adopt a more relaxed strategy in the upcoming year to address the situation.

Six Flags Entertainment: Attendance Drop On Price Increases

SAN ANTONIO--(BUSINESS WIRE)--ESIX Gaming powered by Coca-Cola™ is a state-of-the-art competitive gaming campus opening at Six Flags Fiesta Texas on May 20.

Six Flags Fiesta Texas Partners With IGN Entertainment to Launch ESIX Gaming, the World's First-ever Theme Park Based Gaming Experience

Six Flags is aiming for a big summer season. Investors might want to watch this stock for now.

Why Six Flags Stock Ascended This Week

Six Flags Entertainment Corporation NYSE: SIX reported its first-quarter 2023 earnings results. Shares are rising by as much as 21.3% in a massive rally, representing the most significant opportunity for shareholders since the post-pandemic rally.

Analysts Lining Up Outside Six Flags for Double-Digit Upside

A drop in attendance was offset by increased guest spending. CEO Selim Bassoul said the company's new membership program is paying off.

Why Six Flags Stock Was Surging Today

Six Flags Entertainment Corporation (NYSE:SIX ) Q1 2023 Results Earnings Conference Call May 8, 2023 8:00 AM ET Company Participants Evan Bertrand - Vice President and Treasurer Selim Bassoul - President and Chief Executive Officer Gary Mick - Chief Financial Officer Conference Call Participants James Hardiman - Citigroup Steve Wieczynski - Stifel Ben Chaiken - Credit Suisse Thomas Yeh - Morgan Stanley Chris Woronka - Deutsche Bank David Katz - Jefferies Eric Wold - B. Riley FBR Capital Markets and Co. Barton Crockett - Rosenblatt Securities, Inc. Operator Good morning, ladies and gentlemen.

Six Flags Entertainment Corporation (SIX) Q1 2023 Earnings Call Transcript

"2022 was a year of transition. Many initiatives were successful and some were not.

Six Flags shares soar 20% as higher ticket prices fuel record revenues

Shares of Six Flags Entertainment Corp. rocketed Monday, toward their best day in more than three years, after the theme park operator reported record first-quarter revenue beat expectations, as record guest spending helped offset a decline in attendance.

Six Flags to pilot surge pricing program as attendance trends improve

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Markets gave up a bit of ground Monday morning. Shares of Zscaler jumped after the cybersecurity specialist released preliminary quarterly results that were better than most investors had expected.

News for Six Flags Stock (SIX)