Posted Wednesday, November 2, 2005 12:17 AM | Contributed by Jeff
Up-for-sale Six Flags Inc. said late Tuesday it expects third-quarter revenue to jump 9.8%, from the same period last year. As a result of the improved quarterly outlook, Six Flags anticipates revenue for the first nine months of this year to increase by $85 million, or 9.5%, versus the year-ago period.
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Wednesday, November 2, 2005 9:57 AM
Must have been great weather.
Wednesday, November 2, 2005 10:17 AM
Does this favorable report have anything to do with stock prices going up due to talk of new management?
And what of talk for new management at Six Flags? Have the bids for the company come in and when will a decision about the company's future be decided?
I suspect if the decision is to maintain the status quo, stock prices for Six Flags will drop.
Saturday, November 5, 2005 10:36 PM
I just recieved my white and blue consent cards yesterday and I unfortunately don't know what I want to do, Reject or join. Red Zone just didn't have a solid plan that appeals to a Regional Amusement park chain in my opinion. Everything seems to be carried over from everything that is being currently done at Fed Ex Stadium. Imagine how much food would cost at any Six Flags if all concessions were from recognized brands.....pretty expensive. On the other hand, I think that current management (all 7 of them)
should be fired for damaging the company's image with un-believably bad corporate decisions. I think Six Flags is fixing the errors that they've made in the past and I like Mr. Six as the Mascot and Red Zone wants to axe him as well. This year has been great for Six Flags, Great weather for most of the parks not including the gulf region, good marketing, and excellent additions to a lot of parks. Stock prices are reflecting that people are now buying and holding more rather than selling which is great. Positive changes are happening internal to the company and to add to this: the company is performing remarkably and that's what stock holders want to see. I think this will be the year that Six Flags inc. finally out performs Cedar Fair which hasn't happened for many years.
Monday, November 7, 2005 5:50 PM
I'm not sure that having recognized brands would increase the food prices that much. There is already a lot of this at SFGAdv and the prices aren't really any higher than at other Six Flags parks.
I do agree that axing Mr. Six would be right in there with the Edsel and New Coke.