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Summer's Nearly Here, and Six Flags Is Heating Up

·2 min read
Summer's Nearly Here, and Six Flags Is Heating Up
In this article:
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Working off an admittedly low base, given the slow season and the comparison to a pandemic Q1 2021, Six Flags nonetheless grew its park attendance numbers 25%, its revenue 68%, and -- well, no profit, unfortunately, but Six Flags cut its losses by 31% year over year. Six Flags welcomed 1.7 million guests to its parks in the quarter, extracted $138 million in revenue from their wallets, and lost $0.76 per share in the process. Investors may not be thrilled with the loss, but it seems to me that Six Flags is setting itself up to make a lot of money this year, once the weather warms and attendance picks up.