Six Flags considering closing parks across the US after merger with Cedar Point company [Yahoo! Finance]
Six Flags Entertainment Corporation New (FUN)
Last six flags entertainment corporation new earnings: 11/6 04:00 am
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US:NYSE Investor Relations:
ir.cedarfair.com/investor-home/default.aspx
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Source: Yahoo! Finance
A quarterly earnings report from the newly formed Six Flags Entertainment Corporation outlined plans for a “portfolio optimization” which may include closing or selling off some of its locations. The company was created after Six Flags merged with regional entertainment giant Cedar Fair in July following approval from the Department of Justice , in a deal worth roughly $8bn. In the report, published on Wednesday, SFEC provided a rough outline for its long-range plan, titled “Project Accelerate.” The project promised a “comprehensive review of the portfolio to evaluate the potential divestiture of non-core assets to help reduce leverage.” A potential closure or sale of some Six Flags amusement parks “are now on the table,” according to Theme Park Insider The announcement comes as SFEC acknowledged that it had delivered “solid results” in its first quarter as a combined company, despite considerable disruption. "While extreme weather and other operating disruptions at critica
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News
- Cedar Fair, L.P. (NYSE: FUN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Cedar Fair, L.P. (NYSE: FUN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Cedar Fair, L.P. (NYSE: FUN) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $59.00 price target on the stock.MarketBeat
- Cedar Fair, L.P. (NYSE: FUN) had its price target raised by analysts at Citigroup Inc. from $53.00 to $57.00. They now have a "buy" rating on the stock.MarketBeat
- Sawdust Winter Fantasy builds on legacy of creative, festive show [Los Angeles Times (CA)]Los Angeles Times
FUN
Earnings
- 11/6/24 - Miss
FUN
Sec Filings
- 12/16/24 - Form 4
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- FUN's page on the SEC website