Posted Tuesday, May 6, 2008 10:04 AM | Contributed by Jeff
Cedar Fair Entertainment Company today announced results for the first quarter ended March 30, 2008. Historically, first quarter results represent less than 5% of the Company’s full-year revenues.
Net revenues for the first quarter increased $10.4 million, or 35%, to $40.4 million from $30.0 million in 2007. Operating results for the fiscal first quarter of 2008 reflect five additional calendar days compared to last year’s first quarter. In addition, 2008 first quarter results benefited from an early Easter/Spring Break season which fell during the second quarter in 2007.
Read the press release from Cedar Fair.