Six Flags earnings dip despite higher attendance

Posted | Contributed by Jeff

Six Flags posted net income of about $200 million in the quarter, compared to about $204 million in the quarter last year. Revenue was up $1 million to $621 million. Attendance was up 3%, partially offset by a 1% decrease in per capita spending and an expected 26% decrease in sponsorship, international agreements and accommodations revenue.

Read the press release from Six Flags.

Jeff's avatar

I feel like I've seen this movie before.

Jeff - Editor - - My Blog

If we could see per park numbers for Cedar Fair, you’d see it again next year at CP.

But then again, what do I know?

ApolloAndy's avatar

Time to build more coasters.

Hobbes: "What's the point of attaching a number to everything you do?"
Calvin: "If your numbers go up, it means you're having more fun."

Or a time machine. Release indicated that decrease in net income for the quarter and year to date were primarily the result of a change in state tax law that provided a benefit in last year.

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