SIX - Six Flags GAAP EPS of $0.53 misses by $0.48 revenue of $435M misses by $83.5M
- Six Flags press release ( NYSE: SIX ): Q2 GAAP EPS of $0.53 misses by $0.48 .
- Revenue of $435M (-5.4% Y/Y) misses by $83.5M .
- Shares +7.6% PM.
- Total guest spending per capita increased 23% to $63.87.
- “This is a transitional year for Six Flags, as we reset the foundations of our business model to focus on delivering a premium guest experience, while at the same time, correcting for decades of heavy price discounting,” said Selim Bassoul, President and CEO. “Our guest satisfaction scores are well above 2021 and our guest spending per capita has increased more than fifty percent versus pre-pandemic levels. We believe our initial progress validates the potential of our new strategy, and provides a very healthy earnings base from which we can grow.”
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Six Flags GAAP EPS of $0.53 misses by $0.48, revenue of $435M misses by $83.5M