Like Cedar Fair, Six Flags reported for a good Q1 thanks to warm weather and an early Easter holiday.
The company reported a $68.2 million net revenue, 35% up from last year's $50.7 million.
Cedar Fair to reported a 35% increase in net revenue for Q1.
More good news boded for Six Flags in that the company only lost $149.9 million, less than $170.6 million last year.
"Our strategy is taking hold - a better guest experience is triggering a higher in-park spend; our high-margin sponsorship and licensing business is healthy, and our cost efficiency strategy is real," said President and Chief Executive Mark Shapiro.
Though this report is less than wallstreet's expecations for the company, Six Flags' finances are definitely headed in the right direction.
Source: Forbes
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8| - This is necessary
Posted by Screaming Coasters - Cedar Point: 5/15/2008 Posted by Hyde244 - The largest Crowd Eater? Posted by Hyde244 - Dark Knight - Mack Wild Mouse for Six Flags Posted by Hyde244 - 'The Yorkshrie Tripper' LWV/FL Trip Reports! Posted by Griffin - Thorpe Park 13/5/08 HUGE PTR! Posted by Screaming Coasters - Project: Roller Coaster Posted by NickkyG - CF-Live: OK III - Morning Wood - Trip Reports Posted by Leighton |
| CF-Live - The Yorkshire Tripper by Furie | - by Furie |
| CF-Live: Flamingoland 2008 | - by Karen |
| Maximum RPM Test | - by Brian Andrelczyk (CedarPoint6) |
| Paultons Park (May 2008) | - by Ian Bell |
| PortAventura 2008 | - by Myk |