Posted
Six Flags said on Thursday that unseasonably cool weather, hurricanes and the continued effects of a challenging economic environment negatively affected its performance in the third quarter.
Read more from Reuters via Yahoo.
The sad part is that this is one quarter where I'm sure weather really WAS the major impacting factor, particularly in the east & mid-Atlantic. Wal-Mart and other retailers have said that store closings due to the hurricanes will hurt their quarter as well. (Wal-Mart will only make a zillion dollars this time...) Unfortunately, PKS has just played this card so many times, that it has no credibility anymore.
Does anyone know when the Q3 conference call is scheduled? I LOVE listening to those.
Joel
Ray P.
-D
I grew up about 15 minutes from it. It did close about 2 years after being opened (1984), was off and on used until 1994 and finally taken down in 1997. It is currently a parking lot for a U of Michigan branch campus. Here's a decent website for it.
http://toysaregoodfood.com/content/archives/000008.html
Back on topic, Can't every park say that some type of weather may have effected attendance? I don't see how stockholders can listen to the same things every quarter and not get angry.
Even that wouldn't work. I am sure they would say the weather was bad and people didn't want to DRIVE to their indoor park. Any excuse other then the real reason. Because to own up to it would be admitting that they are idiots, and they'll never do that.
Y'all wanna blame the service for ALL of Six Flags monetary issues, but while that is an issue, weather, and the damned forecasters predicting rain just about every weekend this summer doesn't help.
As I've said before, lets hope the people that bought all that stock spark a new attitude in management......
SAM
Six Flags said today that unseasonably cool weather, hurricanes and the continued effects of a challenging economic environment will negatively affect its performance in the first, second, third, and fourth quarts of 2005, 2006, 2007, 2008, 2009, and 2010.
*** This post was edited by Mamoosh 10/15/2004 4:02:29 PM ***
So, so easy to rip on the Flags. Sure, there's plenty of ammo but doesn't it get a bit tiresome after a while?
We get it. Six Flags sucks.
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