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United Parks & Resorts Inc. Reports Second Quarter and First Six Months 2025 Results
Prnewswire· 2025-08-07 10:30
Core Viewpoint - United Parks & Resorts Inc. reported its financial results for Q2 and the first half of fiscal year 2025, highlighting challenges due to adverse weather but showing resilience in attendance growth and future bookings [4][7][10]. Second Quarter 2025 Highlights - The company hosted approximately 6.2 million guests, generating total revenues of $490.2 million, net income of $80.1 million, and Adjusted EBITDA of $206.3 million [7][9]. - Attendance increased by approximately 48,000 guests or 0.8% compared to Q2 2024, attributed to a favorable calendar shift [7][8]. - Total revenue decreased by $7.4 million or 1.5% from Q2 2024, primarily due to a decrease in total revenue per capita [7][8]. - Net income decreased by $11.0 million or 12.1% from Q2 2024, and Adjusted EBITDA decreased by $11.9 million or 5.4% [7][9]. First Six Months 2025 Highlights - The company hosted approximately 9.6 million guests, generating total revenues of $777.2 million, net income of $64.0 million, and Adjusted EBITDA of $273.7 million [10][12]. - Attendance decreased by approximately 11,000 guests or 0.1% compared to the first six months of 2024, primarily due to adverse weather conditions [10][11]. - Total revenue decreased by $17.9 million or 2.2% from the first six months of 2024, with net income down by $15.9 million or 20.0% [10][12]. Other Highlights - The Board approved a new $500 million share repurchase program, pending approval from non-Hill Path shareholders [6][13]. - The company reported strong forward booking trends for group business and events, with expectations for significant attendance during upcoming seasonal events [5][6]. - The company aided 500 animals in need during Q2 2025, contributing to a total of over 42,000 animals helped historically [14][15].
United Parks & Resorts Kicks Off Nationwide Recruitment Week for 5,000 Summer Positions Coast to Coast Across All Parks
Prnewswire· 2025-04-28 14:00
Core Insights - United Parks & Resorts is hosting a national summer hiring event from May 5-9 to fill over 5,000 positions across its seven theme park brands [1][2] - The company is hiring for various roles including Lifeguards, Ride Operations, Food & Beverage, Retail, Guest Services, and more [2] - United Parks & Resorts emphasizes a positive work environment with perks such as free park admission, discounts, and exclusive events for employees [3] Company Overview - United Parks & Resorts Inc. operates a diverse portfolio of award-winning park brands including SeaWorld®, Busch Gardens®, and Discovery Cove, among others [5] - The company manages 13 parks across seven markets in the United States and Abu Dhabi, offering thrilling rides and educational wildlife experiences [5] - United Parks & Resorts is recognized for its commitment to animal welfare and has rescued over 41,000 animals in nearly 60 years of operation [5]