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Great Adventure Boards => Great Adventure Chit Chat => Topic started by: PcMan on June 06, 2007, 05:17:13 PM

Title: Year-to-date revenue up 5%
Post by: PcMan on June 06, 2007, 05:17:13 PM

Six Flags: Year-to-date revenue up 5%

Last Update: 4:45 PM ET Jun 6, 2007


 revenue for year-to-date period through June 3 rose 5%, or roughly $12 million, from the same period last year. Guest spending per capita grew 3%, while total revenue per capita increased 5% to roughly $39.70. Attendance was flat at 5.9 million, reflecting roughly 6% fewer park operating days, the New York-based theme park operator said

Title: Re: Year-to-date revenue up 5%
Post by: Dubya91 on June 06, 2007, 06:05:13 PM

Intresting, Much more for less, Just as Shapiro had planned

Title: Re: Year-to-date revenue up 5%
Post by: WadeJ on June 06, 2007, 10:46:17 PM

I was going to say I was surprised the stock dropped after the news from a high of 6.75 but then I noticed everything dropped.  Something else must have upset the market today.

This is VERY good news.  Hopefully this would indicate his plan is getting traction.  And this was accomplished with rather horrible weather this spring for many of the key markets.

Title: Re: Year-to-date revenue up 5%
Post by: PcMan on June 06, 2007, 11:54:48 PM

it may pop a little tomorrow
But yes its a good sign and the weather has been good the last few weeks and lets hope it stays nice.

The Market dropped from the speaking of fed chairman Ben Bernanke  outlooks on the economy and cautions at a little inflation
so the market dropped actually 2 days in a row.

Also Gasoline inventory was up so gas dropped a little and expect to see gas to drop 15 to 20 cents by 4th of July. (lets hope even more)

www.businessweek.com/ap/financialnews/D8PJNMVO0.htm

www.businessweek.com/investor/content/jun2007/pi20070606_034575.htm

Title: Re: Year-to-date revenue up 5%
Post by: rjholla2003 on June 07, 2007, 12:37:55 AM

Press Release from the call:
http://gadvupdates.com/forums/index.php?page=65

Title: Re: Year-to-date revenue up 5%
Post by: WadeJ on June 07, 2007, 10:55:04 AM

Nice realistic take on the whole thing - http://www.fool.com/investing/general/2007/06/07/the-glass-is-20-full.aspx

Looks like investors are still scared off and are waiting for the crop of the season to hit.  The fact that they are making these accomplishments on fewer operating days than last year is simply amazing.

Title: Re: Year-to-date revenue up 5%
Post by: WadeJ on June 07, 2007, 11:49:52 AM

Another interesting article... Apparantly, Six Flags America was the highest attended park in the Six Flags chain over memorial weekend.  How in the world it beat Gadv with the Wiggles concert is beyond me!  http://www.washingtontimes.com/business/20070603-101311-2845r.htm

Title: Re: Year-to-date revenue up 5%
Post by: PcMan on June 07, 2007, 12:11:58 PM

so much for the Pop in the Price  I predicated  :-[

Title: Re: Year-to-date revenue up 5%
Post by: WadeJ on June 07, 2007, 12:30:22 PM

Another article explains it further - http://biz.yahoo.com/ap/070607/six_flags_mover.html?.v=1