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United Parks & Resorts Inc. - SEAS STOCK NEWS

Welcome to our dedicated page for United Parks & Resorts news (Ticker: SEAS), a resource for investors and traders seeking the latest updates and insights on United Parks & Resorts stock.

United Parks & Resorts Inc. (NYSE: SEAS), formerly known as SeaWorld Entertainment Inc., is a leading theme park and entertainment company with a rich legacy spanning over 60 years. The company operates a diversified portfolio of 13 destination and regional theme parks across the United States and Abu Dhabi, including well-known brands such as SeaWorld, Busch Gardens, Discovery Cove, Sesame Place, Water Country USA, Adventure Island, and Aquatica.

Founded in 1959, United Parks & Resorts has been at the forefront of creating innovative entertainment experiences that blend imagination with nature. The company’s parks offer guests a variety of up-close animal encounters, thrilling rides, and spectacular shows, attracting millions of visitors each year.

United Parks & Resorts is globally recognized for its commitment to animal welfare, training, and conservation. The company operates one of the world's foremost zoological organizations and has rescued over 40,000 animals in need. Its efforts in animal rescue, rehabilitation, and conservation extend beyond its parks, demonstrating a deep commitment to protecting the natural world.

In addition to its theme parks, United Parks & Resorts has expanded its reach into media and entertainment platforms, connecting people to nature through television, digital media, and licensed consumer products. The company's strategic growth initiatives include plans for hotels, international expansion, and enhanced digital engagement.

Despite challenges such as adverse weather and the impact of the global COVID-19 pandemic, United Parks & Resorts continues to show resilience and strong financial performance. The company is focused on cost management, strategic pricing, and enhancing the guest experience to drive revenue and profitability.

Recent achievements include the successful rehabilitation and release of manatees, the hatching of an endangered Emperor penguin chick, and the introduction of new attractions and events. The company also announced a name change from SeaWorld Entertainment Inc. to United Parks & Resorts Inc. in February 2024, reflecting its diverse array of park brands.

For the latest financial results, strategic updates, and news, shareholders and prospective investors can visit United Parks & Resorts Investors.

News

With Wild Weather on the Rise SeaWorld Launches Weather-or-Not Assurance - a New Standard for Giving Park Guests Confidence in Their Visits

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SeaWorld introduces 'Weather-or-Not' Assurance policy to provide peace of mind for guests in case of extreme weather
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Howl-O-Scream at Busch Gardens Tampa Bay Will Unleash Soul-Cleansing Screams and Parkwide Terror with All-New Haunted House, Scare Zones and More

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Busch Gardens Tampa Bay's Howl-O-Scream is set to terrify guests with six scare zones, five haunted houses, and four entertainment productions. The event will run from Sept. 8 to Oct. 31, 2023. New additions include D.H. Baggum's Circus of Fear, The Forgotten: Uprising, Big Ed's Demolition Derby, and Sin City Zombies. Live shows like Rock the Grave and Cirque X-Scream will captivate guests, and Scare-E-Oke and Raveyard offer interactive experiences. Front Line Fear passes start at $69, while the Ultimate VIP Tour provides exclusive access and perks.
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SeaWorld Entertainment, Inc. Reports Second Quarter and First Six Months 2023 Results

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SeaWorld Entertainment, Inc. (NYSE: SEAS) reported its Q2 and first six months financial results for fiscal year 2023. Despite a decrease in attendance, total revenue reached $496.0 million for Q2 and $789.4 million for the first six months. Net income was $87.1 million for Q2 and $70.6 million for the first six months. Adjusted EBITDA was $224.2 million for Q2 and $296.7 million for the first six months. SeaWorld Abu Dhabi opened during the quarter, with group booking revenue exceeding 2019 bookings revenue for the full year.
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SEAWORLD ENTERTAINMENT, INC. ANNOUNCES PRELIMINARY SECOND QUARTER RESULTS

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SeaWorld Entertainment, Inc. announces preliminary second quarter financial results with a decline in attendance and net income. Attendance was approximately 6.1 million guests, compared to 6.3 million in Q2 2022. Total revenues are expected to be $494-$497 million, down from $504.8 million in Q2 2022. Net income is expected to be $85-$88 million, compared to $116.6 million in Q2 2022. Adjusted EBITDA is expected to be $222-$225 million, down from $234.4 million in Q2 2022. Cash and cash equivalents balance is expected to be $147 million as of June 30, 2023.
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If you purchased SeaWorld securities between December 20, 2013 and August 12, 2014, you may be eligible for distribution from the SeaWorld Fair Fund

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The SEC filed a complaint against SeaWorld and individuals for making misleading statements about the impact of the documentary film Blackfish on the company. SeaWorld's stock price fell 33% after acknowledging the negative publicity. The defendants paid a total of $5.1 million in financial remedies. Investors who purchased SeaWorld securities between December 20, 2013, and August 12, 2014, may be eligible for a distribution from the SeaWorld Fair Fund.
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SeaWorld Celebrates Shark Week with the First Ultimate Shark Experience for VIP Access to Our Ocean's VIPs (Very Important Predators!) While Helping Preserve Them for Generations to Come

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SeaWorld is offering an exclusive 'Ultimate Shark Experience' ticket for a week-long celebration of sharks in its parks. The ticket provides unique and immersive experiences, including up-close encounters with sharks, feeding and touching sharks, learning about their importance, and enjoying shark-inspired thrill rides. $25 of every ticket goes towards shark conservation. The ticket is valid from July 21 to 28 in SeaWorld parks in Orlando, San Diego, and San Antonio.
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SEAWORLD ENTERTAINMENT, INC. ANNOUNCES SECOND QUARTER EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION

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SeaWorld Entertainment, Inc. (NYSE: SEAS) announced the upcoming release of its second quarter financial results on August 8, 2023, along with a scheduled conference call. The release and call will be accessible via the Company's website and a replay will be available for those unable to participate.
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SeaWorld Entertainment, Inc. Announces the Retirement of Michelle ("Chelle") Adams

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Play Celebrity for a Day at SeaWorld this Summer with the "Ultimate VIP Tour," Granting Exclusive Access to Extraordinary Animal Encounters and Thrilling Attractions for the Whole Family

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SeaWorld Orlando Opens its First and All New Coral Rescue Center to Park Guests - One of the Largest Public-Facing Facilities Dedicated to Coral Conservation in the Country

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FAQ

What is the market cap of United Parks & Resorts (SEAS)?

The market cap of United Parks & Resorts (SEAS) is approximately 3.2B.

What is United Parks & Resorts Inc.?

United Parks & Resorts Inc., formerly SeaWorld Entertainment Inc., is a leading theme park and entertainment company with a diversified portfolio of parks across the United States and Abu Dhabi.

What brands are operated by United Parks & Resorts Inc.?

The company operates brands such as SeaWorld, Busch Gardens, Discovery Cove, Sesame Place, Water Country USA, Adventure Island, and Aquatica.

What is the company's commitment to animal welfare?

United Parks & Resorts is globally recognized for its animal welfare efforts, operating one of the world's foremost zoological organizations and rescuing over 40,000 animals in need.

What recent achievements has the company announced?

Recent achievements include the hatching of an endangered Emperor penguin chick, successful manatee rehabilitation, and the introduction of new attractions and events.

Why did the company change its name?

The name change to United Parks & Resorts Inc. reflects the company's diverse portfolio of park brands and its commitment to creating experiences that matter for guests.

Where can I find the latest financial results and updates?

Shareholders and prospective investors can find the latest financial results and updates on the company's investor website at www.unitedparksinvestors.com.

What are the core business areas of United Parks & Resorts Inc.?

The core business areas include theme park operations, animal welfare, media and entertainment platforms, and strategic growth initiatives such as hotels and international expansion.

How does the company engage with conservation efforts?

The company supports conservation through its rescue and rehabilitation programs, educational initiatives, and the SeaWorld Conservation Fund, which has provided over $20 million to critical research globally.

When and where will the company's stock ticker symbol change?

The stock ticker symbol will change from SEAS to PRKS, with trading as PRKS beginning on February 13, 2024, on the New York Stock Exchange.

How does United Parks & Resorts Inc. enhance guest experiences?

The company focuses on creating memorable experiences through new attractions, events, strategic pricing, and exceptional guest service, driving strong value and repeat visits.

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United Parks & Resorts Inc.

NYSE:SEAS

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SEAS Stock Data

3.23B
36.10M
1.6%
110.07%
4.51%
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