Six Flags Entertainment

Six Flags has purchased the steel roller coaster ArieForce One and plans to rebuild the attraction in one of its parks during the 2028–2029 operating season. Originally operating at Fun Spot America Atlanta, the ride was built by Rocky Mountain Construction, is 154 feet tall, reaches up to 64 mph, features four inversions and lasts about two minutes. Six Flags did not disclose the purchase price and will keep the name ArieForce One; details on the park location and schedule will follow later. » Mere på de.investing.com

Six Flags plans to relocate its corporate headquarters from Charlotte to Arlington, Texas, by March 2027 and consolidate central business functions at Choctaw Stadium. The move brings the company closer to its five parks in Texas and returns it to the city where its first park opened in 1961. An office in Sandusky, Ohio, will remain; employees will be offered support for a potential relocation. Six Flags also announced investments in Carowinds and Carolina Harbor and several new attractions for the 2027 season. » Mere på de.investing.com

Six Flags reported adjusted EPS of $0.34 and revenue of $864.9 million for Q2, missing consensus estimates of $0.42 and $935.2 million. Despite higher attendance (+4%), a growing season-pass base (+6%) and adjusted EBITDA on a comparable-park basis of $249 million (+7%), the stock fell roughly 7% in premarket trading. The company reports net debt of about $4.9 billion and total liquidity of around $837 million, but expects further EBITDA growth in the second half and is relying on Halloween and holiday programs as well as new season-pass offers. Investors remain cautious due to the high debt level and short-term calendar effects. » Mere på de.investing.com