United Parks & Resorts Inc. - SEAS STOCK NEWS

SeaWorld Entertainment, Inc. (NYSE: SEAS) will release its first quarter financial results on May 6, 2021, before market opens. A live conference call is scheduled for the same day at 9 a.m. Eastern Time. Investors can access the call via the company's website. A replay will also be available starting at 12 p.m. on the same day. The company, a leader in animal welfare and entertainment, operates 12 theme parks and has rescued over 38,000 animals to date.

SeaWorld parks in Orlando, San Antonio, and San Diego are reopening with enhanced health and safety measures, featuring exciting attractions and events. Guests can enjoy over 100 acres of outdoor experiences while adhering to reservation requirements for capacity management. Notable events include the annual Seven Seas Food Festival, offering diverse cuisines and entertainment. Annual passes and single-day tickets are available online. The parks have collaborated with health officials to ensure safety standards in response to COVID-19.

Aquatica Water Parks in Orlando, San Antonio, and San Diego are now taking reservations for 2021. Aquatica Orlando is currently open, while San Antonio reopens on March 6 and San Diego on May 29. The parks will implement strict health and safety protocols, including limited capacity and mask requirements in specific areas. Each park offers unique attractions and discounted ticket options, such as a $29.99 ticket in San Antonio and a Fun Card for multiple visits. These measures aim to ensure a safe and enjoyable experience for guests as they return for spring and summer fun.

Busch Gardens Williamsburg and Tampa Bay have reopened with enhanced health and safety measures, welcoming guests to explore over 100 acres of attractions. The parks now feature seasonal events such as a St. Patrick's Day Celebration in Williamsburg and the Food & Wine Festival in Tampa Bay. Both parks prioritize safety with limited capacity and social distancing protocols. Tickets start at $39.99, with annual memberships available for as low as $11.25/month. Upcoming events include food festivals and holiday celebrations throughout the year, enhancing the guest experience.

SeaWorld Entertainment (NYSE: SEAS) reported its fourth quarter and fiscal year 2020 financial results, revealing significant impacts from the COVID-19 pandemic. Attendance fell to 2.2 million in Q4, a drop of 2.5 million from the previous year, contributing to a total revenue of $154.1 million, down $143.9 million. The net loss reached $45.5 million, compared to $24.2 million in Q4 2019. Despite challenges, the company reported increased admission and in-park spending per capita. As of December 31, 2020, SeaWorld had liquidity of approximately $745 million, supporting its efforts to navigate operational restrictions.

SeaWorld Entertainment (NYSE: SEAS) will report its fourth quarter and fiscal 2020 financial results before the market opens on February 25, 2021. A live conference call will take place on the same day at 9 a.m. Eastern Time, accessible via the Company's website. For those unable to join live, a replay will be available post-12 p.m. Eastern Time on the same day, continuing until March 4, 2021. SeaWorld operates 12 theme parks, emphasizing animal welfare and conservation, and has rescued over 37,000 animals.

SeaWorld, alongside the Pacific Marine Mammal Center and the University of Florida, has published a new study in Veterinary Quarterly establishing health benchmarks for bottlenose dolphins. Utilizing 1,426 blood samples from 156 healthy dolphins, the research aims to enhance understanding of dolphin health, disease diagnosis, and stressors affecting wild populations. The study offers valuable insights comparable to human health assessments, enabling veterinarians to track the long-term health of dolphins in managed care. This initiative builds on previous work with killer whales, underscoring SeaWorld's commitment to animal welfare and scientific research.

SeaWorld Entertainment, Inc. (NYSE: SEAS) announced the election of Timothy Hartnett and Kimberly Schaefer as new Directors, effective December 9, 2020. This expands the Board from eight to ten members. Hartnett, with a background in finance and accounting, is the CEO of New Roc Management and previously led the private equity practice at PricewaterhouseCoopers. Schaefer has extensive experience in the leisure and hospitality industries, having served as CEO of Great Wolf Resorts. The Board welcomes their expertise as they aim to enhance operations and strategy.

SeaWorld Entertainment (SEAS) reported its Q3 2020 financial results, revealing significant declines due to the COVID-19 pandemic. Attendance dropped by 80.8% year-over-year to 1.6 million guests, with total revenue falling 77.6% to $106.1 million. The company faced a net loss of $79.2 million, a decrease of $177.3 million compared to Q3 2019. Despite these challenges, admission per capita increased 22.4% to $40.39, and in-park spending rose 8.9% to $27.55. As of September 30, 2020, liquidity stood at approximately $800 million, reflecting ongoing efforts to manage cash flow.