Six Flags Reschedules Date to Announce First Quarter 2022 Earnings

Rhea-AI Summary

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.

Positive

• None.

Negative

• Delay in financial results release could create uncertainty among investors.
• Challenges in completing quarter-end closing process may indicate operational inefficiencies.

ARLINGTON, Texas--(BUSINESS WIRE)-- Six Flags Entertainment Corporation (NYSE: SIX) today announced that it will postpone the release of its first quarter 2022 financial results previously scheduled for Monday, May 2, 2022, to before the market opens on Thursday, May 12, 2022. The change is due to unanticipated delays in completing the quarter-end closing process as a result of the implementation of a new enterprise resource planning (“ERP”) system in the beginning of fiscal 2022. The ERP implementation has not materially affected the Company’s operations and the new release date remains within the statutory reporting period for the filing of the 10-Q. An investor conference call will follow beginning at 7:00 a.m. Central Time. The call can be accessed through the Six Flags Investor Relations website, investors.sixflags.com, or by dialing 1-855-889-1976 in the United States or 1-937-641-0558 outside the United States and requesting the Six Flags earnings call.

About Six Flags Entertainment Corporation

Six Flags Entertainment Corporation is the world’s largest regional theme park company and the largest operator of waterparks in North America, with 27 parks across the United States, Mexico and Canada. For 60 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling waterparks and unique attractions. For more information, visit www.sixflags.com.

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Stephen R. Purtell

Senior Vice President

Corporate Communications, Investor Relations and Treasurer

+1-972-595-5180

investors@sftp.com

Source: Six Flags Entertainment Corporation

FAQ

When will Six Flags release its first quarter 2022 financial results?

Six Flags will release its first quarter 2022 financial results on May 12, 2022.

What caused the delay in Six Flags' financial results?

The delay is due to unanticipated challenges in completing the quarter-end closing process from a new ERP system implementation.

Is the delay in financial results expected to impact Six Flags' operations?

The company stated that the ERP implementation has not materially affected operations.

What time is the Six Flags investor conference call?

The investor conference call is scheduled for 7:00 a.m. Central Time on May 12, 2022.