Six Flags revenue and attendance up in first three quarters

Posted | Contributed by Jeff

Total revenues of $489.3 million increased 5% over the prior-year quarter, while total attendance increased 0.2 million. The attendance increase over the prior-year quarter was despite the loss of two full operating days at the parks and a planned reduction of 0.2 million in complimentary and free promotional attendance.

Revenue growth for the third quarter reflected growth in attendance and guest spending, as well as sponsorship, licensing and other fees, which increased $7.8 million over the prior-year period to $19.3 million. Total revenue per capita increased 4% to $40.27 in the current quarter from $38.82 in the third quarter of 2007.

Increases in per capita guest spending, which grew $0.82 to $38.67, a 2% increase over the per capita guest spending of $37.85 for the third quarter of 2007, reflected higher rentals, food and beverage, parking, admissions, and retail revenues.

Read the entire press release from PR Newswire via CNN.

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