Core Insights - Six Flags plans to close California's Great America at the end of the 2027 season, marking another site closure for the entertainment group [1][2] - The park has been described as having low margins, contributing to the decision to shut it down [2] - The park has a history of ownership changes and was sold to Prologis in 2022, with plans for redevelopment after the lease ends [3][6][11] Company Strategy - The decision to close the park aligns with a comprehensive review of the park portfolio, indicating that certain locations are not a strategic fit for long-term growth [11] - Six Flags and Cedar Fair merged in July 2024, creating the largest amusement park operator in North America with 42 parks [8][9] - The company is focusing on partnerships with planning and design experts to develop a master plan for the site post-closure [7][8] Financial Aspects - Prologis purchased the land for $310 million, with an agreement for the park to operate until the lease expires in June 2028, with a potential five-year extension [6] - The closure of Six Flags America in Maryland is also planned for the end of the 2025 season, further indicating a shift in the company's operational focus [9][11]

Six Flags Entertainment (SIX) 2025 Investor Day May 20, 2025 09:00 AM ET Speaker0 So good morning, everyone. My name is Michael Russler. I'm Corporate Director of Investor Relations. Welcome to the Six Flags Investor Relations Day twenty twenty five. Thank you for your interest in our company and for taking time today to learn more about the Six Flags story. For those of you joining us via webcast, our presentation is taking place at the historic Hotel Breakers at Cedar Point in Sandusky, Ohio. I would be r ...

For the quarter ended March 2025, United Parks & Resorts (PRKS) reported revenue of $286.95 million, down 3.5% over the same period last year. EPS came in at -$0.29, compared to -$0.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $293.9 million, representing a surprise of -2.37%. The company delivered an EPS surprise of -26.09%, with the consensus EPS estimate being -$0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

In its upcoming report, United Parks & Resorts (PRKS) is predicted by Wall Street analysts to post quarterly loss of $0.23 per share, reflecting a decline of 35.3% compared to the same period last year. Revenues are forecasted to be $293.9 million, representing a year-over-year decrease of 1.2%.The consensus EPS estimate for the quarter has been revised 3.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimat ...

PINE MOUNTAIN, Georgia, April 30, 2025 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCPink: PRKA), today announced that, it will effect a 1-for-500 reverse stock split (the “Reverse Stock Split”) of the shares of the Company’s common stock, followed immediately by a 5-for-1 forward stock split of the shares of the Company’s common stock (the “Forward Stock Split,” and, together with the Reverse Stock Split, the “Reverse/Forward Stock Split”), effective on April 30, 2025, at 5:00 p.m. Eastern Time and 5:01 p.m ...

Six Flags Entertainment (SIX) Q4 2024 Earnings Call February 27, 2025 10:00 AM ET Company Participants Michael Russell - Corporate Director of Investor RelationsRichard Zimmerman - President & CEOBrian Witherow - CFOSteven Wieczynski - Managing DirectorMichael Swartz - Director - Equity ResearchDavid Katz - Managing DirectorLizzie Dove - Vice President Equity ResearchIsaac Sellhausen - Director - Equity Research Conference Call Participants James Hardiman - Director - Leisure and Travel AnalystMatt Boss - E ...

Six Flags Entertainment posted revenue growth from its Cedar Fair merger despite missing EPS forecasts.Six Flags Entertainment (FUN -2.84%), a national amusement park company, disclosed its fourth-quarter 2024 earnings on Feb. 27, 2025, demonstrating growth but also missing crucial financial forecasts. A significant merger with Cedar Fair completed last year contributed to increased attendance and a sharp rise in revenue to $687 million from $371 million in the previous year. However, this still fell short ...