Six Flags Entertainment

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. » Más en 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. » Más en de.investing.com

Six Flags reported a 12% revenue increase to $225.6 million for the first quarter of 2026, beating Wall Street expectations. Net loss attributable to shareholders was $269 million, and the adjusted EBITDA loss improved by $48 million to $123 million. Management highlighted improvements in attendance and guest spending and announced new appointments for CMO and CLO. JPMorgan raised its price target to $16 while maintaining an "Underweight" rating; the stock rose intraday to $22.68. » Más en de.investing.com