Media Inquiries: Chris Petrikin United Parks & Resorts Inc. [email protected] SOURCE United Parks and Resorts Inc. United Parks & Resorts Inc. (NYSE: PRKS) is a global theme park and entertainment company that owns or licenses a diverse portfolio of award-winning park brands and experiences, including SeaWorld®, Busch Gardens®, Discovery Cove, Sesame Place®, Water Country USA, Adventure Island, and Aquatica®. The Company's seven world-class brands span 13 parks in seven markets across the United States and ...

Core Viewpoint - United Parks & Resorts Inc. (NYSE:PRKS) is currently viewed as a "deep value stock" despite a significant decline in stock price following its fiscal Q3 2025 results, with analysts maintaining a positive outlook for future growth [1][4]. Financial Performance - The company reported a 6.24% year-over-year decrease in revenue to $511.85 million for fiscal Q3, missing expectations by $26.4 million [2]. - Earnings per share (EPS) of $1.61 also fell short of consensus estimates by $0.65 [2]. Factors Affecting Performance - Management attributed the muted quarterly performance to unfavorable calendar shifts, poor weather during holiday seasons, and a decline in international visitation, resulting in a decrease of 252 thousand guests compared to the first nine months of fiscal 2024 [3]. - Attendance growth was resilient in Q2 but showed a decline of 3.4% in Q3, alongside a 6.3% drop in Admissions Per Cap [4]. Future Outlook - Despite recent challenges, the company remains optimistic about forward booking revenue trends into 2026, particularly supported by the Discovery Cove property and group business, both of which grew over 20% during the quarter [3]. Company Overview - United Parks & Resorts Inc. owns and operates several theme parks, including SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue [5].

Core Insights - United Parks & Resorts Inc. (NYSE:PRKS) is identified as a promising investment opportunity among small-cap stocks despite recent challenges [1][2] - Truist has reduced its price target for PRKS from $61 to $47 while maintaining a Buy rating, reflecting adjustments based on Q3 results [1] Financial Performance - For fiscal Q3 2025, PRKS reported attendance of 6.8 million guests, a decrease of approximately 240 thousand guests or 3.4% year-over-year [2] - Total revenue for Q3 2025 fell by $34.1 million or 6.2%, totaling $511.9 million [2] - Attendance for the first nine months of 2025 was 16.4 million guests, down by around 252 thousand guests or 1.5% compared to the same period in 2024 [3] - Total revenue for the first nine months decreased by $51.9 million or 3.9%, amounting to $1.289 billion [3] Operational Challenges - Management indicated that Q3 results were adversely impacted by poor weather during peak holiday season, an unfavorable calendar shift, suboptimal execution, and a decline in international visitation [4] - The consumer environment in the US is described as inconsistent, which is also reflected in other leisure and hospitality sectors [4] - Despite these challenges, the company anticipates improved performance moving forward [4] Company Overview - United Parks & Resorts Inc. operates a portfolio of theme parks, including SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue [5]

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].

Core Viewpoint - United Parks & Resorts Inc. is set to release its second quarter financial results on August 7, 2025, with a live conference call scheduled for the same day [1]. Group 1: Financial Results Announcement - The company will announce its second quarter financial results before the market opens on August 7, 2025 [1]. - A live conference call will take place at 9 a.m. Eastern Time on the same day, accessible via the company's website [1]. Group 2: Replay Information - For those unable to attend the live call, a replay will be available starting at 12 p.m. Eastern Time on August 7, 2025 [2]. - The replay can be accessed online and via telephone until August 14, 2025, with specific dialing instructions provided for U.S., Canadian, and international callers [2]. Group 3: Company Overview - United Parks & Resorts Inc. is a global theme park and entertainment company with a diverse portfolio, including brands like SeaWorld and Busch Gardens [3]. - The company operates 13 parks across the U.S. and Abu Dhabi, offering various family-friendly experiences and educational wildlife presentations [3]. - United Parks & Resorts is recognized for its commitment to animal welfare and has a history of rescuing over 42,000 animals in need [3].

Company Announcement - United Parks & Resorts Inc. will release its first quarter financial results before the market opens on May 12, 2025 [1] - A conference call is scheduled for May 12, 2025, at 9 a.m. Eastern Time, which will be broadcast live on the company's website [1] Replay Information - A replay of the conference call will be available starting at approximately 12 p.m. Eastern Time on May 12, 2025 [2] - The replay can be accessed telephonically until 11:59 p.m. Eastern Time on May 19, 2025, using specific dialing codes for the U.S., Canada, and international locations [2] Company Overview - United Parks & Resorts Inc. is a global theme park and entertainment company with a diverse portfolio of brands, including SeaWorld®, Busch Gardens®, and Discovery Cove [3] - The company operates 13 parks across the United States and Abu Dhabi, offering various family-friendly experiences and educational presentations with wildlife [3] - United Parks & Resorts is recognized for its commitment to animal welfare and has a legacy of rescuing over 41,000 animals in need over the past 60 years [3]

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]