Six Flags Inc has disclosed that its fourth-quarter net loss widened because of lower attendance during the off-season and the writing down of the value of some parks it is selling.
Compared to last year at this time when the company reported a loss of $139 million, or $1.55 per share, the company now reported a net loss of $189.7 million, or $2.07 per share. Excluding results from parks it is selling, Six Flags reported a loss from continuing operations of $1.12 per share.
Revenue was flat at $104 million for the quarter, while attendance at its parks fell 16 percent to 2.7 million from the same quarter a year ago. But chief executive Mark Shapiro expects improvement this year, citing season pass sales up 32 per cent over the same time last year.
Have you changed your food & beverage offer recently to include healthy eating options?
- 16 - 18 October, 2008
SUREXPO - Warsaw, Poland - 29 - 31 October, 2008
INTERSCHAU / TECHNOFOLIES - Stuttgart, Germany - 29 - 30 October, 2008
WWA TRADE SHOW - Las Vegas, USA - 18 - 21 November, 2008
IAAPA ATTRACTIONS EXPO - Orlando, USA - 02 - 04 February, 2009
MEAAPLE - Abu Dhabi - 11 - 13 February, 2009
EAAPA 2009 - Moscow - 21 - 23 February, 2009
IAAPI TRADE SHOW - Mumbai - 15 - 17 April, 2009
RAAPA 2008 - Moscow - 26 - 28 April, 2009
DEAL 2008 - Dubai
