Six Flags Comments on Investor Presentation

Rhea-AI Summary

Six Flags Entertainment Corporation (NYSE: SIX) announced its ongoing engagement with shareholders, including discussions with Land & Buildings Investment Management about monetizing real estate assets. The Board of Directors is focused on unlocking shareholder value and is encouraged by initial progress towards its strategic plan. With 27 parks across North America, Six Flags aims to enhance guest experiences while driving sustainable, long-term earnings growth.

Positive

• Engagement with shareholders, including discussions on real estate monetization.
• Encouragement from early signs of progress in strategic planning.
• Focus on enhancing guest experience to drive long-term earnings.

Negative

• None.

ARLINGTON, Texas--(BUSINESS WIRE)-- Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of waterparks in North America, and its Board of Directors today confirmed that it received a communication from Land & Buildings Investment Management, LLC. In response, the Company issued the following statement.

The Six Flags Board of Directors and management team regularly engage with investors and welcome constructive input from all Six Flags shareholders. The Company has met with Land & Building representatives several times over the past few years including conversations regarding the monetization of real estate assets. The Board, with its advisers, routinely evaluates potential options to unlock shareholder value, including the potential monetization of real estate. Six Flags is encouraged by the early signs of progress against its strategic plan and remains focused on delivering an exceptional guest experience to drive sustainable, long-term earnings growth.

About Six Flags Entertainment Corporation

Six Flags Entertainment Corporation is the world’s largest regional theme park company with 27 parks across the United States, Mexico and Canada. For 60 years, Six Flags has entertained hundreds of millions of guests with world-class coasters, themed rides, thrilling waterparks and unique attractions. Six Flags is committed to creating an inclusive environment that fully embraces the diversity of our team members and guests. For more information, visit www.sixflags.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20221221005561/en/

Stephen Purtell

Senior Vice President

Corporate Communications, Investor Relations and Treasurer

+1-972-595-5180

investors@sftp.com

Source: Six Flags Entertainment Corporation

FAQ

What is Six Flags Entertainment Corporation's stock symbol?

The stock symbol for Six Flags Entertainment Corporation is SIX.

What recent communication did Six Flags receive?

Six Flags confirmed receipt of a communication from Land & Buildings Investment Management regarding shareholder value.

What is Six Flags' strategy concerning real estate?

Six Flags is considering the monetization of its real estate assets as part of its strategy to unlock shareholder value.

How many parks does Six Flags operate?

Six Flags operates 27 parks across the United States, Mexico, and Canada.

What is Six Flags focusing on to enhance profitability?

Six Flags is focused on delivering an exceptional guest experience to drive sustainable, long-term earnings growth.