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Cedar Fair, L.P. (NYSE: FUN) is a publicly traded partnership headquartered in Sandusky, Ohio, recognized as one of the largest regional amusement-resort operators in the world. Cedar Fair owns and operates 11 amusement parks, six outdoor water parks, one indoor water park, and five hotels across North America. Their famed parks include Cedar Point, consistently voted as the
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.
Cedar Fair Entertainment Company (NYSE: FUN) announced that President and CEO Richard A. Zimmerman will appear on the ITPS I’M4FUN Podcast on Dec. 16, 2020, from 10-11 a.m. ET. Hosted by Dennis Speigel, the podcast will explore insights and stories from the amusement park industry. Cedar Fair operates 13 properties, including 11 amusement parks and four water parks across multiple states and Canada, aiming to provide memorable experiences. For those unable to attend live, a replay will be available on the ITPS website.
Cedar Fair (NYSE: FUN) has appointed Louis Carr to its Board of Directors, effective immediately. He will fill the remaining term of John Scott, who stepped down on September 24, 2020. Carr, with over three decades of leadership experience in the media and entertainment sectors, is recognized for his contributions to diversity initiatives. He currently serves as president of Media Sales for BET Networks. Cedar Fair operates 13 amusement and water parks across North America, focusing on providing immersive entertainment experiences.
Cedar Fair Entertainment Company (NYSE: FUN) reported third-quarter results for the period ending Sept. 27, 2020, reflecting significant challenges due to the COVID-19 pandemic. Net revenues declined to $87 million, down from $715 million in 2019, amidst an 11.9 million drop in attendance. Operating losses reached $137 million compared to a profit of $275 million a year prior. Despite ongoing difficulties, the company noted improvements in demand with attendance rising to 35%-40% of 2019 levels. The company raised $300 million in senior notes for liquidity and reported $877 million in total liquidity.
Cedar Fair Entertainment Company (NYSE: FUN) will release its 2020 third quarter financial results on November 4, 2020, prior to market opening. A conference call is scheduled for the same day at 10 a.m. EST, featuring Cedar Fair executives who will discuss the third quarter results and the company's future outlook. Cedar Fair, a major amusement park and resort operator, aims to enhance guest experiences across its 13 properties, including 11 amusement parks and four water parks. Investors can access the call via the company's investor site.
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