Six Flags posts loss for quarter, with increase in per cap spending

Posted Tuesday, May 9, 2006 9:00 AM | Contributed by supermandl

Six Flags Inc. on Monday said its first-quarter loss widened as attendance at its theme parks declined, but the results beat analysts' expectations and the company affirmed its forecast for 2006. First-quarter revenue fell 14 percent to $42.7 million. But the company said per capita revenue increased 13 percent to $37.13, as guests spent more on admissions, food and beverage, merchandise, games and parking.

Read more from Reuters.

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