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 Entertainment Corporation (NYSE: SIX) reported a strong first quarter 2022 with total revenue of $138 million, up 68% from $82 million in Q1 2021, driven by increased attendance and guest spending. Attendance rose 25% to 1.7 million, while guest spending per capita increased by 34% to $75.46. Despite a net loss of $66 million, improved margins led to an adjusted EBITDA loss of $16 million, a $30 million improvement year-over-year. Capital investments totaled $29 million, while net debt stood at $2,379 million as of April 3, 2022.
Six Flags Hurricane Harbor in Los Angeles opens for the season on
Six Flags Entertainment Corporation (NYSE: SIX) announced a postponement of its first quarter 2022 financial results release, shifting from May 2, 2022, to May 12, 2022. The delay is attributed to unforeseen challenges in completing the fiscal quarter-end closing process due to the implementation of a new enterprise resource planning (ERP) system. However, the company assured that this change does not materially impact operations, and the new release date complies with the statutory reporting period for the 10-Q filing. An investor conference call is scheduled for 7:00 a.m. Central Time on the release date.
Six Flags Entertainment Corporation (NYSE:SIX) is seeking 15,000 employees for its National Hiring Week from April 23 to May 1. The company highlights competitive wages, exclusive benefits, and growth opportunities. Recognized as one of the Nation’s Best and Brightest Companies to Work For, Six Flags offers diverse roles from food service to maintenance. Benefits include paid internships, discounts, and flexible scheduling. Interested applicants can apply online at SixFlagsJobs.com.
Six Flags Entertainment Corporation (NYSE: SIX) will release its first quarter financial results on May 2, 2022, before market opening. An investor conference call is scheduled for 7:00 a.m. Central Time on the same day, accessible via the Six Flags Investor Relations website or by phone. With 27 parks across the U.S., Mexico, and Canada, Six Flags remains the largest regional theme park and waterpark operator in North America, celebrating over 60 years of family entertainment.
Six Flags Great America, in collaboration with Warner Bros. Themed Entertainment, is set to unveil the DC UNIVERSE, a newly themed section of the park, opening on April 15. This area features three exciting attractions: THE FLASH: Vertical Velocity, AQUAMAN Splashdown, and DC Super-Villains Swing, along with park staples like BATMAN The Ride. Guests can enjoy new dining options, including Steelworks Pub, and a three-tiered Pass Program designed to enhance visitor experiences. The addition aims to provide immersive entertainment themed around iconic DC characters.
Six Flags Entertainment Corporation (NYSE: SIX) announced the resignation of Sandeep Reddy, CFO, effective March 27, 2022. Stephen Purtell, currently Senior VP, will take over as interim CFO. Reddy's leadership has been crucial in positioning the company for post-pandemic growth. The Board will begin searching for a permanent CFO immediately. Six Flags operates 27 parks across the U.S., Mexico, and Canada, known for their thrilling rides and waterparks, and aims to create an inclusive environment for guests and staff.
Six Flags Entertainment Corporation (NYSE: SIX) reported fourth quarter 2021 attendance of 6 million guests and revenues of $317 million, compared to 6.1 million guests in Q4 2019. The company faced a net loss of $2 million but achieved an improved Adjusted EBITDA of $95 million. For the full year, attendance dropped to 28 million guests, down 5 million from 2019, with total revenue at $1.497 billion. While guest spending per capita increased, overall attendance decline and restrictions due to the pandemic affected results. The company noted a liquidity of $797 million as of January 2, 2022.
Six Flags Entertainment Corporation (NYSE: SIX) will announce its fourth quarter and full year financial results on February 24, 2022, before market open. An investor conference call is scheduled for 7:00 a.m. Central Time, accessible via the Six Flags Investor Relations website or by phone. Six Flags, a leader in the theme park industry with 27 parks across North America, has entertained millions with its attractions for 60 years. For more details, visit www.sixflags.com.
Selim Bassoul has been appointed as the new CEO and President of
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