United Parks & Resorts(PRKS)
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United Parks & Resorts Inc. Reports Third Quarter and First Nine Months 2025 Results
Prnewswire· 2025-11-06 11:30
Core Insights - United Parks & Resorts Inc. reported disappointing financial results for Q3 and the first nine months of fiscal year 2025, citing unfavorable calendar shifts, poor weather, and a decline in international visitation as key factors impacting performance [2][8][11]. Financial Performance - Attendance in Q3 2025 was approximately 6.8 million guests, a decrease of about 240,000 guests or 3.4% compared to Q3 2024 [7][8]. - Total revenue for Q3 2025 was $511.9 million, down $34.1 million or 6.2% from Q3 2024 [7][10]. - Net income for Q3 2025 was $89.3 million, a decrease of $30.4 million or 25.4% from Q3 2024 [7][10]. - Adjusted EBITDA for Q3 2025 was $216.3 million, down $42.1 million or 16.3% from Q3 2024 [7][10]. - For the first nine months of 2025, attendance was approximately 16.4 million guests, a decrease of about 252,000 guests or 1.5% from the same period in 2024 [11]. - Total revenue for the first nine months of 2025 was $1,289.0 million, down $51.9 million or 3.9% from the first nine months of 2024 [11][12]. Key Metrics - Total revenue per capita in Q3 2025 decreased by 2.9% to $75.39 compared to Q3 2024 [7][10]. - Admission per capita decreased by 6.3% to $39.57, while in-park per capita spending increased by 1.1% to $35.82 compared to Q3 2024 [7][10]. - For the first nine months of 2025, total revenue per capita decreased by 2.4% to $78.53 [11][12]. - Admission per capita for the first nine months decreased by 4.9% to $41.46, while in-park per capita spending increased by 0.6% to a record $37.07 [11][12]. Share Repurchase Program - The Board of Directors was granted authority to approve additional share repurchases, with a previously announced $500 million repurchase program [2][13]. - As of November 4, 2025, the company had repurchased 635,020 shares for a total of approximately $32.2 million [2][13]. Future Outlook - The company expressed confidence in its ability to improve operational and financial performance moving into 2026, with expectations of increased attendance and per capita spending [5][6]. - Upcoming attractions and events for 2026 were announced, including new rides and immersive experiences at various parks [6][15].
SeaWorld Proudly Salutes America's Bravest This Veterans Day with the All-New Military Silver Pass, Now Available for Active-Duty and Veteran Service Members
Prnewswire· 2025-11-05 15:00
Core Points - SeaWorld has introduced the Military Silver Pass to honor U.S. military personnel and their families, providing unlimited admission for 12 months to all SeaWorld parks along with over $1,000 in exclusive benefits [1][2][4] - The pass includes free parking, guest tickets, digital photo downloads, in-park discounts, and access to special events throughout the year [2][3] - The initiative is part of SeaWorld's Waves of Honor Program, which offers complimentary single-day admission for active-duty military personnel and discounted admission for their families [6] Company Overview - SeaWorld is a leading marine-life theme park and accredited zoo and aquarium, focusing on education and conservation while providing enriching experiences for guests [7] - The organization has helped over 42,000 animals through its rescue efforts and has contributed more than $20 million to wildlife protection and research through the SeaWorld Conservation Fund [7] - SeaWorld parks are located in Orlando, San Antonio, San Diego, and Abu Dhabi, and are part of the United Parks & Resorts Inc. portfolio [7]
United Parks & Resorts: Despite Challenges, This Prospect Looks Fun
Seeking Alpha· 2025-10-30 14:16
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SeaWorld's Christmas Celebration Returns -- Bigger, Brighter, and More Enchanting Than Ever
Prnewswire· 2025-10-28 13:56
Core Insights - SeaWorld's Christmas Celebration for 2025 will transform its parks into winter wonderlands with millions of lights and new entertainment experiences, running from November through early January [2][3] - The event is designed to be immersive and family-friendly, featuring traditional holiday activities and global celebrations [2][5] Event Highlights - New attractions include a reimagined Santa experience, Mrs. Claus' Magic Kitchen, and Clyde and Seamore's Countdown to Christmas [5][12] - Award-winning shows such as Winter Wonderland on Ice and the Sesame Street Christmas Parade will be featured [5][12] - Over one million lights will be displayed throughout the parks, enhancing the festive atmosphere [5][12] Culinary Offerings - Seasonal food and drink options will include Frozen S'mores Hot Chocolate and gingerbread cocktails [6][12] - Dining experiences with Santa and Mrs. Claus will be available, requiring reservations [12] Promotions and Value - Limited-time holiday promotions will offer significant discounts on tickets, with savings of up to 60% available [10][12] - Special packages for families will include unlimited park visits and hotel stays starting at $49 per person, per night [12] Company Background - SeaWorld Parks & Entertainment is a leading marine life theme park operator, focusing on education and conservation [11] - The company has a long history of marine animal rescue and conservation efforts, having helped over 42,000 animals [11]
Holiday Wonder Returns: Busch Gardens' Award-Winning Christmas Town Shines Brighter Than Ever in 2025
Prnewswire· 2025-10-28 13:56
Continue Reading Busch Gardens® Williamsburg Logo (PRNewsfoto/Busch Gardens Williamsburg) Busch Gardens Tampa Bay (PRNewsfoto/SeaWorld Entertainment, Inc.) One of America's most beloved holiday traditions is back — with millions of twinkling lights, all-new shows, seasonal treats, and joyful memories for the whole family. All included with park admission. TAMPA BAY, Fla. and WILLIAMSBURG, Va., Oct. 28, 2025 /PRNewswire/ --Â The spirit of the season shines brighter than ever as Busch Gardens Christmas Town r ...
Amtrak Pacific Surfliner and SeaWorld San Diego Launch New Travel and Ticket Discount Partnership
Prnewswire· 2025-10-14 21:49
Core Points - The Amtrak Pacific Surfliner and SeaWorld San Diego have launched a partnership to offer discounts on train fares and SeaWorld tickets, enhancing travel convenience and affordability for visitors [1][2][8] - The initiative aims to promote sustainable travel and strengthen connections within Southern California communities [2][9] Summary by Sections Partnership Details - Starting October 14, Pacific Surfliner riders can access a 20% discount on fares and special ticket pricing for SeaWorld through PacificSurfliner.com/SeaWorld [1][8] - The partnership is designed to provide families and visitors with a stress-free way to experience San Diego, making travel more enjoyable [2][3] Ticket Options - SeaWorld offers exclusive discounts on various ticket options, including single-day admission and bundled tickets with All-Day Dining, allowing guests to enjoy meals every 90 minutes at participating restaurants [3][4] - A two-day admission ticket is also available, permitting a second visit within six months of the original purchase date [4] Travel Experience - The Pacific Surfliner provides scenic coastal views, spacious seating, free Wi-Fi, and a café car, making it a relaxing alternative to driving [2][6] - Travelers can easily connect to SeaWorld from Old Town San Diego using ride-share or MTS bus services, avoiding traffic and parking costs [2][6] Company Background - The Pacific Surfliner operates along a 351-mile coastal rail route, serving 29 stations and is the busiest state-supported intercity passenger rail route in the U.S. [6][7] - The LOSSAN Rail Corridor Agency oversees the management of the Pacific Surfliner service, focusing on improving ridership, revenue, and operational performance [7] SeaWorld Overview - SeaWorld is a leading marine life theme park that offers educational and entertaining experiences, welcoming millions of guests annually [9] - The organization is committed to marine life conservation, having rescued over 42,000 animals and contributed more than $20 million to conservation efforts globally [9]
SeaWorld Launches 2026 Annual Pass with Best Benefits Ever: Unlimited Visits, Exclusive Perks, and First Access to Record-Setting New Attractions
Prnewswire· 2025-09-25 12:00
Core Insights - SeaWorld has launched its 2026 Annual Pass program, which offers unprecedented value and experiences, including unlimited visits and no blackout dates [2][3] - The program includes exclusive perks such as free parking, guest tickets, and first access to new attractions debuting in 2026 [2][7] - A limited-time introductory offer allows Pass Members to receive up to $100 in promotional cards for in-park purchases [2][6] Benefits and Features - The 2026 Annual Pass provides unlimited admission for 12 months, free guest tickets, free parking, and discounts on food, beverages, and merchandise [7] - Pass Members will have access to exclusive events, behind-the-scenes tours, and new animal encounters [7] - The program includes seasonal events and festivals, marking the most ambitious year of celebrations in SeaWorld's history [5][7] Upcoming Attractions and Events - New attractions and events will debut in 2026, with Pass Members receiving first access [2][6] - Specific events include expanded festivals, milestone anniversaries, and unique experiences across SeaWorld parks in Orlando, San Diego, and San Antonio [5][7] - Notable events for 2026 include the Oceans of Fun family month, enhanced summer celebrations, and the 25th Anniversary of Howl-O-Scream [7] Company Overview - SeaWorld is a leading marine life theme park and accredited zoo, focusing on education and conservation of marine life [9] - The company has a long history of advancing marine life conservation, having helped over 42,000 animals and contributed more than $20 million to conservation efforts [9] - SeaWorld operates parks in Orlando, San Antonio, San Diego, and Abu Dhabi, and is part of the United Parks & Resorts Inc. portfolio [9]
United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization
Prnewswire· 2025-09-05 13:00
Core Points - United Parks & Resorts Inc. announced a $500 million share repurchase program approved by stockholders on September 3, 2025 [1][2] - The CEO expressed confidence in the company's strong balance sheet and free cash flow, viewing the buyback as an attractive investment opportunity [2] - The repurchase program allows for shares to be bought back through various methods, with no time limit on the program [3] Company Overview - United Parks & Resorts Inc. operates a diverse portfolio of theme parks and entertainment brands, including SeaWorld and Busch Gardens, across 13 parks in the U.S. and Abu Dhabi [4] - The company is recognized for its commitment to animal welfare and has a significant zoological collection, having rescued over 42,000 animals in nearly 60 years [4]
TechnipFMC Set to Join S&P MidCap 400 and United Parks & Resorts to Join S&P SmallCap 600
Prnewswire· 2025-09-02 21:54
Index Changes - United Parks & Resorts Inc. (NYSE: PRKS) will be added to the S&P SmallCap 600, replacing Foot Locker Inc. (NYSE: FL), effective September 8, 2025 [1][4] - TechnipFMC plc (NYSE: FTI) will be added to the S&P MidCap 400, replacing Skechers USA Inc. (NYSE: SKX), effective September 12, 2025 [1][4] Acquisition Details - Dick's Sporting Goods Inc. (NYSE: DKS) is acquiring Foot Locker, with the deal expected to be completed soon, pending final closing conditions [4] - 3G Capital is acquiring Skechers USA, with the deal also expected to be completed soon, pending final conditions [4]
United Parks & Resorts: Orlando Performance Was Encouraging, But It Is Not Enough
Seeking Alpha· 2025-08-13 13:20
Group 1 - The analyst assigned a hold rating to United Parks & Resorts (NYSE: PRKS) in May due to concerns about the underlying demand and increased competition in Orlando [1] - The investment approach focuses on identifying undervalued companies with long-term growth potential, emphasizing value investing principles [1] Group 2 - No stock or derivative positions are held by the analyst in the mentioned companies, and there are no plans to initiate any positions in the near future [2] - The article reflects the author's opinions and is not influenced by any business relationships with the companies mentioned [2]