Core Viewpoint - Six Flags may improve its business prospects with the help of activist investor Jana Partners and Kansas City Chiefs player Travis Kelce, but significant patience will be required for any turnaround [1][2]. Group 1: Business Challenges - Six Flags is facing macroeconomic headwinds and company-specific issues, leading to disappointing earnings [3]. - A decline in consumer spending, particularly among lower-income groups, has negatively impacted business [3]. - Adverse weather conditions, including severe thunderstorms and heat waves, have hindered attendance, forcing park closures [3]. Group 2: Operational Issues - A new ride intended to attract visitors broke down multiple times, with one incident leaving passengers suspended [4]. - Delays in opening new rides at various locations, including parks in New Jersey and Massachusetts, have also been noted [4]. - The merger with Cedar Point has not resulted in a meaningful improvement in attendance, which affects sales of food and beverages [4]. Group 3: Future Prospects - A turnaround will require cleaning up the balance sheet, potentially closing underperforming parks, and collaborating with Jana Partners [5]. - Jana Partners' support for the new CEO is seen as a positive sign for the company's future [5]. - The potential for Travis Kelce to attract fans, including those of Taylor Swift, alongside decreasing gasoline prices, offers some optimism for Six Flags [6].

Accessibility StatementSkip Navigation NEW YORK, Nov. 24, 2025 /PRNewswire/ -- JANA Partners ("JANA"), which along with its partners collectively owns an economic interest of approximately 9% in Six Flags Entertainment Corporation (NYSE: FUN) ("Six Flags" or the "Company"), applauds the Company's hiring of John Reilly as President & CEO. JANA also today announced that Glenn Murphy has de-grouped from the JANA-led investor group to advance discussions with Six Flags on a potential senior leadership role with ...

Industry Overview - U.S. amusement park revenues have decreased nearly 2% year over year, following several years of steady growth post-pandemic, indicating a shift in consumer spending behavior [1] - Disney reported a decline in attendance at its domestic parks for the fiscal year ending in September, reflecting broader industry challenges [1] Consumer Behavior - Families are becoming more cost-conscious and selective in their vacation choices, prompting operators to innovate and invest in new attractions [4] - Operators are focusing on family-centered attractions and high-profile partnerships with major entertainment brands and gaming franchises to attract visitors [4][5] New Attractions and Investments - Universal's Epic Universe park is leveraging Nintendo's brand to create a flagship land, aiming to attract fans of its games and films [5] - Legoland has announced a $90 million "design-your-own-coaster" attraction, allowing kids to customize their ride experience with numerous combinations [8] - Dollywood introduced a $50 million NightFlight Expedition, the world's first family hybrid coaster and whitewater raft ride, enhancing its competitive edge against Disney and Universal [10][12] - Six Flags is investing in its new "Tormenta" coaster in Texas, which will set multiple world records upon opening in 2026, emphasizing the thrill-seeking demographic [13][14] Industry Adaptation - Despite rising prices, operators are implementing discounts and perks to maintain attendance, such as Disney's "free dining plan" promotions and hotel deals [16] - The industry is adapting to economic challenges by offering varied price points and annual passes to attract visitors [17]

Six Flags Entertainment has hired John Reilly as the amusement-park operator's new president and chief executive. ...

Core Viewpoint - Six Flags Entertainment Corporation has appointed John Reilly as President and Chief Executive Officer, effective December 8, 2025, following a thorough succession planning process [1][2][4]. Group 1: Leadership Transition - John Reilly will succeed Richard A. Zimmerman, who is stepping down as President and CEO on the same date [2]. - Marilyn Spiegel, Chair-elect of the Six Flags Board, expressed confidence that Reilly will reinvigorate profitable growth at underperforming parks [2][4]. Group 2: John Reilly's Background - John Reilly has over three decades of experience in the amusement and recreation industry, with a strong focus on operational management and strategic growth [3][7]. - His previous roles include CEO of Palace Entertainment U.S. and Group Chief Operating Officer at Parques Reunidos, where he improved guest satisfaction and drove margin expansion [3][7]. Group 3: Company Overview - Six Flags Entertainment Corporation is the largest regional amusement park operator in North America, operating 26 amusement parks, 15 water parks, and nine resort properties across 16 states in the U.S., Canada, and Mexico [8]. - The company aims to provide fun and memorable experiences to millions of guests annually, featuring world-class coasters and themed rides [8].

Core Viewpoint - Six Flags Entertainment Corporation (NYSE:FUN) is facing financial challenges and legal issues, but UBS has set a price target of $27, indicating a potential increase of approximately 89.56% from its current price of $12.83 [1][5]. Financial Performance - The current stock price of FUN is $12.83, reflecting a decrease of 5.17% with a change of $0.70. The stock has fluctuated between a low of $12.79 and a high of $13.98 today. Over the past year, the stock reached a high of $49.77 and a low of $12.79, indicating significant volatility [3][5]. - FUN has a market capitalization of approximately $1.3 billion, with a trading volume of 4,346,345 shares on the NYSE, showing active investor interest despite current challenges [4]. Legal Issues - A securities fraud class action lawsuit has been filed against Six Flags, claiming the company failed to disclose important information during its merger with Cedar Fair, L.P. on July 1, 2024. The lawsuit alleges that Six Flags has been underinvesting in its parks and operations for several years [2][5].

Core Viewpoint - Investors in Six Flags Entertainment Corporation have the opportunity to lead a securities fraud class action lawsuit due to alleged undisclosed issues related to the company's merger with Cedar Fair, L.P. [1][2] Summary by Relevant Sections Lawsuit Details - The lawsuit claims that Six Flags' registration statement and prospectus related to the July 1, 2024 merger failed to disclose significant underinvestment in parks and operations, including deferred maintenance and operational improvements [2] - It is alleged that Six Flags required millions in undisclosed capital and operational expenditures to maintain or grow its market share in the competitive amusement park industry [2] - The complaint states that the revenue and operational forecasts presented to investors were not achievable based on the company's chronic disinvestment and undisclosed capital needs [2] - Positive statements made by the defendants regarding the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [2]

SAN DIEGO, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six Flags”) with Cedar Fair, L.P. (“Cedar Fair”), and their subsidiaries and affiliates (the “Merger”), have until Mon ...

Core Insights - Six Flags Entertainment focuses on delivering unique entertainment experiences to maintain competitive differentiation and recurring attendance [1] - The company operates amusement and water parks across 17 states in the U.S., Canada, and Mexico, generating revenue from park admissions, in-park spending, and licensing of intellectual property [2] Financial Performance - As of November 14, 2025, Six Flags shares were priced at $14.60, with a 69% decline over the past year and a negative alpha of 81 percentage points compared to the S&P 500 [3] - The company has a market cap of $1.4 billion and a debt load of $5 billion, indicating significant financial pressure [7] Investment Activity - Land & Buildings established a new position in Six Flags during the fiscal third quarter, acquiring 1,585,580 shares valued at $36.02 million, making it the fund's 5th-largest holding [4][6] - Institutional investors have been increasing their stakes in Six Flags despite the stock's significant decline since its acquisition of Cedar Fair in 2024 [6] Market Position and Valuation - Six Flags is trading at 9 times EBITDA and 0.4 times sales, suggesting that any return to profitability could yield substantial gains for investors over the next three to ten years [9] - The company targets a wide demographic of leisure consumers seeking high-value, memorable experiences, supported by a broad geographic footprint and established brand relationships [5]

Core Points - The article highlights the upcoming January 5, 2026 deadline for investors to file a lead plaintiff motion in a class action lawsuit related to Six Flags Entertainment Corporation [1] Group 1 - The class action is on behalf of investors who purchased or acquired Six Flags common stock linked to the company's registration statement and prospectus [1] - The lawsuit is connected to the merger of Six Flags with Cedar Fair, L.P. that took place on July 1, 2024 [1]