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Six Flags Entertainment Corp. - SIX STOCK NEWS

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.

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SIX - Six Flags Entertainment Corporation Reports Strong Q2 Results with $444M Revenue and $21M Net Income, CEO Optimistic About Future Growth and Strategic Objectives
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SIX Flags Entertainment Corporation (SIX) reports increased net income and Adjusted EBITDA for the twelve months ended July 2, 2023. The company also reported second quarter Revenue of $444 million, Net Income of $21 million, and Adjusted EBITDA of $161 million. President and CEO, Selim Bassoul, expressed optimism for future growth despite a challenging weather backdrop in the first half of the year.
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Six Flags Entertainment Corporation (NYSE: SIX) will release its second quarter financial results on August 10, 2023, followed by an investor conference call. The call can be accessed through the Six Flags Investor Relations website or by phone.
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Six Flags Entertainment Corporation reports first quarter revenue of $142 million, net loss of $70 million, and an adjusted EBITDA loss of $17 million. Despite the losses, the company sees record revenue and the second-highest first quarter adjusted EBITDA in its history. Attendance decreased by 5%, but guest spending per capita increased by 7% to $80.88. The company's transformation is still in the early stages, but season pass sales are accelerating and attendance is improving.
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Six Flags Entertainment Corporation (NYSE: SIX) has announced the pricing of $800 million in 7.250% senior notes maturing in 2031 at 99.248% of the principal amount. The closing of this offering is expected on May 3, 2023, subject to standard conditions. Proceeds will be utilized to repurchase outstanding $949.5 million of 4.875% senior unsecured notes due 2024 and cover associated fees. The new notes are secured by guarantees from existing and future wholly-owned subsidiaries. The offering is intended for qualified institutional buyers under SEC Rule 144A and non-U.S. persons under Regulation S. The press release serves as an informational notice and does not constitute a solicitation or offer to sell any securities.

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Six Flags Entertainment Corporation (NYSE: SIX) has initiated a cash tender offer for its outstanding 4.875% senior unsecured notes due 2024, totaling $949.49 million. The tender offer consideration is $1,000.50 per $1,000 principal amount of the notes, with a payment date expected on May 3, 2023. The offer expires at 5:00 p.m. NYC time on May 2, 2023, unless extended. Concurrently, the company issued a conditional notice for the redemption of up to $800 million of the notes, dependent on the outcome of the tender offer and subject to certain financing conditions. Investors are encouraged to review the Offer Documents for complete details. The company retains the right to modify the tender offer conditions.

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FAQ

What is the current stock price of Six Flags Entertainment (SIX)?

The current stock price of Six Flags Entertainment (SIX) is $32 as of July 11, 2024.

What is the market cap of Six Flags Entertainment (SIX)?

The market cap of Six Flags Entertainment (SIX) is approximately 2.7B.

What is Six Flags Entertainment Corporation?

Six Flags Entertainment Corp. is the world's largest regional theme park company, known for its thrilling rides and entertainment options.

Where is Six Flags headquartered?

Six Flags Entertainment Corporation is headquartered in Grand Prairie, Texas.

How many parks does Six Flags operate?

Six Flags operates 27 parks, including 24 in the United States, two in Mexico, and one in Canada.

What types of attractions does Six Flags offer?

Six Flags offers various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

What are some popular events hosted by Six Flags?

Popular events include the summer concert series, Fright Fest, and Holiday in the Park.

Who are Six Flags' target audiences?

Six Flags attracts families, teens, tweens, and thrill-seekers with its diverse range of entertainment options.

What has Six Flags achieved recently?

Six Flags has formed partnerships to enhance the guest experience and expand its digital presence, focusing on innovation and growth.

How has Six Flags performed financially?

Six Flags has shown resilience and growth, balancing short-term performance with long-term strategic initiatives to generate substantial returns.

How can I stay updated on Six Flags Entertainment Corp.?

For the latest updates on Six Flags' activities, financial performance, and events, frequent news posts are available for investors and enthusiasts.

What makes Six Flags unique?

Six Flags is renowned for its record-shattering roller coasters, special events, and a wide array of entertainment options, making it a trusted name in family entertainment since 1961.

Six Flags Entertainment Corp.

NYSE:SIX

SIX Rankings

SIX Stock Data

2.70B
82.78M
1.14%
103.29%
5.06%
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