Welcome to our dedicated page for Six Flags Entertainment news (Ticker: SIX), a resource for investors and traders seeking the latest updates and insights on Six Flags Entertainment stock.
Six Flags Entertainment Corporation (symbol: SIX) is the world’s largest regional theme park company, with its headquarters in Grand Prairie, Texas. Established in 1961, Six Flags has become synonymous with affordable, value-packed thrills and record-shattering attractions. The company operates 27 parks, including theme parks and water parks, spread across the United States, Mexico, and Canada. Among these, 24 parks are located in the U.S., two in Mexico, and one in Montreal, Canada.
The parks offer a variety of entertainment options tailored to families, teens, tweens, and thrill-seekers. Visitors can enjoy a wide range of rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets. Notable events include the summer concert series, Fright Fest, and Holiday in the Park, which draw significant crowds annually.
Six Flags is dedicated to providing an unparalleled experience to millions of guests, ensuring a combination of safety, excitement, and value. The company continues to innovate with new rides and attractions to keep the guest experience fresh and exciting.
Recent achievements include multiple partnerships aimed at enhancing the guest experience and expanding the company's digital footprint. Financially, Six Flags has demonstrated resilience and growth, focusing on both short-term performance and long-term strategic initiatives. This approach ensures the company’s ongoing success and its ability to generate substantial returns for shareholders.
For those interested in the latest updates on Six Flags Entertainment Corp., news about their recent activities, financial performance, and upcoming events is frequently posted, offering up-to-the-minute information for investors and enthusiasts alike.
Six Flags Hurricane Harbor, adjacent to Six Flags Magic Mountain, is set to reopen to Members and Pass holders on May 15-16, 2021, and to the public on May 22, 2021. The reopening will follow state and county guidelines, implementing a new reservation system to control attendance. Enhanced safety protocols include temperature screenings, mandatory masks, social distancing markers, and extensive sanitization efforts. These measures aim to provide a safe outdoor environment for guests as warmer weather approaches, although reopening is subject to changes based on health regulations.
Six Flags Entertainment Corporation announced the reopening of La Ronde, its Montreal theme park, on May 22, 2021, after receiving provincial clearance. The park will operate under reduced attendance and strict safety measures in line with local health guidelines. All Six Flags parks are set to welcome guests this season, bolstered by a reservation system to manage capacity. Enhanced health protocols, including mandatory masks and frequent sanitization, are also being implemented to ensure guest safety.
Six Flags Entertainment Corporation (NYSE: SIX) reported a revenue of $82 million and attendance of 1.3 million for Q1 2021. Attendance decreased by 15% from 2020 and 38% from 2019 due to COVID-19 restrictions. However, parks that reopened showed attendance at 95% of 2019 levels. The company incurred a net loss of $96 million and an adjusted EBITDA loss of $46 million. Despite the challenges, the CEO highlighted ongoing improvements from their transformation plan aimed at enhancing guest experience and operational efficiency.
Six Flags Entertainment Corporation announced the reopening of Six Flags New England on May 14, 2021, followed by openings for its California waterparks on May 15 and 22. The parks will operate at reduced capacity in line with state guidelines and will utilize a reservation system. Enhanced safety measures including mask requirements, temperature screenings, and increased sanitation will be implemented. National Hiring Week is underway, offering various job opportunities with additional perks. This announcement marks the reopening of 26 of the 27 parks in the company's network.
Six Flags Entertainment Corporation is launching National Hiring Week from April 23 to May 2, aiming to fill various roles across its U.S. locations. The company, recognized as one of the Nation’s Best and Brightest Companies to Work For, offers immediate job opportunities in fields such as food service, ride operations, and security. Unique to this event, new hires will receive a Gold Plus membership for themselves and their family members. The initiative reflects Six Flags' commitment to diversity and leadership development, catering to various lifestyles, including students and retirees.
Six Flags Entertainment Corporation (NYSE: SIX) will release its first quarter financial results on April 28, 2021, prior to the market opening. An investor conference call will follow at 7:00 a.m. Central Time, accessible via the Six Flags Investor Relations website or by phone. Six Flags is recognized as the world’s largest regional theme park company, operating 27 parks across the U.S., Mexico, and Canada, providing entertainment through coasters, rides, and waterparks.
Six Flags Entertainment Corporation has announced the reopening of Six Flags Great America in Gurnee, Illinois, with a full lineup of rides on April 24, 2021. The park will also introduce Hurricane Harbor Chicago, its 27th park, opening on May 29, 2021. Operating at reduced capacity in compliance with state health guidelines, the parks will implement extensive safety measures. Currently, 23 out of 27 parks are either open or have approved reopening dates, reflecting a strong recovery strategy post-COVID-19.
Six Flags Magic Mountain will reopen to members on April 1 and to the general public on April 3, 2021. Adapting to state guidelines, the park will implement a new reservation system to control attendance and ensure social distancing. Extensive safety measures will be introduced, including health screenings, sanitization protocols, and enforced social distancing. The reopening is subject to change per health guidelines. The park is actively hiring for the 2021 season, emphasizing a safe environment for guests and employees.
Six Flags Entertainment Corporation is set to reopen its Six Flags Mexico park on March 18, 2021. Six Flags Magic Mountain and Six Flags Discovery Kingdom in California will open to Members and Season Pass holders on April 1 and 2, with public access starting April 3. Attendance will be limited in compliance with state guidelines, using a reservation system. Safety measures include health screenings, social distancing protocols, and enhanced sanitization. Currently, 21 of 26 parks are open or approved to open for the 2021 season, with plans to hire thousands of seasonal workers.
Six Flags Entertainment Corporation (NYSE: SIX) has nominated Denise M. Clark as an independent director for its Board, set to join at the upcoming annual stockholders' meeting. Ms. Clark is expected to bring her extensive IT and business transformation expertise to the Audit Committee and Nominating and Corporate Governance Committee. Meanwhile, current board members Kurt Cellar and Nancy Krejsa will retire, reducing the board to seven members. The board's leadership emphasizes gratitude for their contributions and expresses optimism for Clark’s impact during a transformative period for the company.
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