The main announcement: Pirates of Speelunker Cave, isa re-imagined boat-like ride that will place guests squarely in the middle of a pirate treasure hunt thwarted by resident Speelunkers. This will open in early 2022. We believe that Adjusted EBITDA is frequently used by all our sell-side analysts and most investors as their primary measure of our performance in the evaluation of companies in our industry. The Six Flags 2022 New Attractions was a media event detailing all new 2022 Six Flags attractions across 2021 and 2022. The decrease was primarily due to the deferral of revenue in the prior year period from guests whose benefits were extended from 2020 into 2021 due to the pandemic. Park officials also announced new special events and festivals. At esix Gaming, we cater to all types of gamers. Gurnee finance director Brian C. Gosnell said Thursday the village anticipates issuing $120,000 to the park as a result of the revenue it brought in during the 2022 season. April 15 Six Flags Great America re-opens for the 2022 season. These efficiency measures were offset by higher wage rates, and increases in repair and maintenance, utilities, and other costs due to inflation. ARLINGTON, Texas, October 17, 2022 -- ( BUSINESS WIRE )--Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release third quarter financial results before the market. Dr. Diabolical's Cliffhanger at Six Flags Fiesta Texas, Wonder Woman: Flight of Courage at Six Flags Magic Mountain. In addition, there were three additional days included in first quarter 2021 compared to first quarter 2022 due to adoption of a fiscal reporting calendar in the quarter commencing January 1, 2021, which accounted for 89 thousand additional guests in first quarter 2021.2. She graduated from the University of Texas at Arlington in 2020, where she worked at the campus paper, The Shorthorn, for two years. The technical storage or access that is used exclusively for anonymous statistical purposes. The increase in Admissions spending per capita was primarily driven by higher realized ticket pricing and a higher mix of single day tickets. Six Flags St. Louis opens for the 2023 season. Deferred revenue was $127 million as of October 2, 2022, a decrease of $98 million, or 44%, from October 3, 2021. Earlier this year, Six Flags Fiesta Texas welcomed a groundbreaking roller coaster, Dr. Diabolical's Cliffhanger, making 2023 the second . The park will be open primarily for weekends only until May 23, when daily admission will begin and will run through the summer. We believe that Modified EBITDA provides relevant and useful information for investors because it assists in comparing our operating performance on a consistent basis, makes it easier to compare our results with those of other companies in our industry as it most closely ties our performance to that of our competitors from a park-level perspective and allows investors to review performance in the same manner as our management. Opening dates for water parks in the Dallas-Fort Worth area | Fort and our Privacy Policy. Six Flags Sets Date to Announce Third Quarter 2022 Earnings - Yahoo Finance Six Flags Great America guests ride on Superman: Ride of Steel at the Gurnee amusement park. (Amounts in thousands, except per share data), Sponsorship, international agreements and accommodations, Operating expenses (excluding depreciation and amortization shown separately below), Selling, general and administrative expenses (excluding depreciation, amortization, and stock-based compensation shown separately below), Less: Net income attributable to noncontrolling interests, Net (loss) income attributable to Six Flags Entertainment Corporation. Revenues and expenses of international operations are converted into U.S. dollars on an average basis as provided by GAAP. The ride replaced the Sundance Theatre and celebrates the park's 30th year anniversary. Three existing rides were adapted to the new theme. We believe that these non-GAAP financial measures provide important and useful information for investors to facilitate a comparison of our operating performance on a consistent basis from period to period and make it easier to compare our results with those of other companies in our industry. Adjusted EBITDA, as computed by us, may not be comparable to similar metrics used by other companies in our industry. Prices, operating schedule and park policies are subject to change without notice. These risks and uncertainties include, among others, factors impacting attendance, such as local conditions, natural disasters, contagious diseases, including COVID-19 and Monkeypox, or the perceived threat of contagious diseases, events, disturbances and terrorist activities; regulations and guidance of federal, state and local governments and health officials regarding the response to COVID-19 or other health emergencies such as Monkeypox, including with respect to business operations, safety protocols and public gatherings; economic impact of political instability and conflicts globally, including the war in Ukraine; recall of food, toys and other retail products sold at our parks; accidents or incidents involving the safety of guests and employees, or contagious disease outbreaks occurring at our parks or other parks in the industry and adverse publicity concerning our parks or other parks in the industry; availability of commercially reasonable insurance policies at reasonable rates; inability to achieve desired improvements and our financial performance targets; adverse weather conditions such as excess heat or cold, rain and storms; general financial and credit market conditions, including our ability to access credit or raise capital; the increased cost of capital due to raising interest rates; macro-economic conditions (including supply chain issues and the impact of inflation on customer spending patterns); changes in public and consumer tastes; construction delays in capital improvements or ride downtime; competition with other theme parks, waterparks and entertainment alternatives; dependence on a seasonal workforce; unionization activities and labor disputes; laws and regulations affecting labor and employee benefit costs, including increases in state and federally mandated minimum wages, and healthcare reform; environmental laws and regulations; laws and regulations affecting corporate taxation; pending, threatened or future legal proceedings and the significant expenses associated with litigation; cybersecurity risks; and other factors could cause actual results to differ materially from the companys expectations, including the risk factors or uncertainties listed from time to time in the companys filings with the Securities and Exchange Commission (the SEC). Six Flags to Bring Pirate Boat Ride to Texas in 2022 - Theme Park Insider The parks will be open from noon to 5 p.m. on May 6 and 7 for season pass holders only. The higher In-park spending reflects the companys in-park pricing initiatives and positive consumer spending trends. When reviewing a non-GAAP financial measure, we encourage our investors to fully review and consider the related reconciliation as detailed below. and our Six Flags Great America guests ride Maxx Force in Gurnee. The park this morning announced that . Date. Visitors to Six Flags Great America will see improvements in comfort and fan experience at the Gurnee amusement park when it opens for the 2023 season Saturday, officials said. April 30 Six Flags Hurricane Harbor Splashtown re-opens for the 2022 season. Prices, operating schedule and park policies are subject to change without notice. The shocking amount some people have saved, and why speaking with a financial advisor could help increase your returns and alleviate stress. Six Flags Entertainment Corporation (NYSE: SIX), the worlds largest regional theme park company and the largest operator of waterparks in North America, today reported third quarter 2022 financial results. Title. Thrill Capital of the Midwest - Six Flags Great America I believe it's 3000 points to redeem a bring a friend ticket. Here at Theme Park Tourist, we pride ourselves on giving you the news, we love keeping you up to date with all the latest announcements from your favorite theme parks across the world. World's Steepest Dive Coaster Coming to Six Flags Fiesta Texas +1-972-595-5180 SIX FLAGS and all related indicia are trademarks of Six Flags Theme parks, Inc.TM; 2022. See copyright and trademarks. 2023 Announcements Are Around The Corner & Six Flags New Lineup Of Coasters May Be Thei. Six Flags Over Texas will make over one of its classic dark rides for 2022. Forward-looking statements include all statements that are not historical facts and often use words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "may," "should," "could" and variations of such words or similar expressions. 2022 | Six Flags Wiki | Fandom Our board of directors and managed use Adjusted EBITDA minus capex to measure our performance and our current management incentive compensation plans are based largely on Adjusted EBITDA minus capex. May May 7 Six Flags White Water re-opens for the 2022 season. View source version on businesswire.com: https://www.businesswire.com/news/home/20221017005760/en/, Stephen R. PurtellSenior Vice PresidentCorporate Communications, Investor Relations and Treasurer+1-972-595-5180investors@sftp.com. The definition for each of these non-GAAP financial measures is set forth below in the notes to the reconciliation tables. RUMOR - Six Flags to Announce New Rides for 2021. In first quarter 2022, the company invested $29 million in new capital, net of insurance recoveries. The $11.39 increase in guest spending per capita compared to first nine months 2021 was driven by a $7.41 increase in Admissions spending per capita and a $3.98 increase in In-park spending per capita. With over 20 brews on tap, popular North Texas brewery to open in Cleburne this summer, Viva Mxico! Updated List of New Roller Coasters Opening in 2023 Press Releases 2022 - Six Flags Six Flags' NEW For 2023 Coasters MIND BLOWING - YouTube 2022 Opening Weekend - Six Flags America The following tables set forth a reconciliation of net income to Adjusted EBITDA for the three month and nine month periods ended October 3, 2022, and October 2, 2021: Third party interest in EBITDA of certain operations (4), Capital expenditures, net of property insurance recovery (5). Robin & Superboy: The Escape | The Movies Wiki | Fandom In the first nine months 2022, the company invested $73 million in new capital, net of insurance recoveries. For more information, please see our Date. The company partially offset the decrease in revenue with lower cash operating costs. Senior Vice President Processing fees apply to online orders. The call is accessible through either the Six Flags Investor Relations website at investors.sixflags.com or by dialing 1-855-889-1976 in the United States or +1-937-641-0558 outside the United States . Kid Flash Cosmic Coaster at Six Flags Fiesta Texas and Six Flags Over Georgia. For more information, please see our . The loss per share was $(0.76) compared to a loss per share of ($1.12) in first quarter 2021. The main announcement: Pirates of Speelunker Cave, is a re-imagined boat-like ride that will "place guests squarely in the middle of a pirate treasure hunt thwarted by resident . Reddit and its partners use cookies and similar technologies to provide you with a better experience. Splash Dayz will be open May 20 from 11 a.m. to 3 p.m. then open for the season May 27 from 10 a.m. to 8 p.m. Fridays-Sundays and 11 a.m. to 8 p.m. Tuesdays through Thursdays. Represents interests of non-controlling interests in the Adjusted EBITDA of Six Flags Over Georgia, Six Flags Over Texas and Six Flags White Water Atlanta. U-shaped roller coaster Vertical Velocity is now The Flash: Vertical Velocity, water ride Yankee Clipper is now Aquaman Splashdown, and spinning swing ride Whirligig is now the DC Super-Villains Swing. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Events, Presentations & Company Announcements, https://www.businesswire.com/news/home/20220512005303/en/. April 1 Six Flags Great Adventure opens for the 2023 season. We have finally returned to Six Flags Over Georgia, and quite a bit has changed! Document. ARLINGTON, Texas--(BUSINESS WIRE)-- The Six Flags 2022 New Attractions was a media event detailing all new 2022 Six Flags attractions across 2021 and 2022. Screamscape The pop star confirmed Sunday (April 30) that the next featured track from his 2022 record Harry's House . Only eleven parks announced their plans for the 2022 season, with two of them remaining delayed or being cancelled. Adjusted EBITDA, as computed by us, may not be comparable to similar metrics used by other companies in our industry. investors@sftp.com, Source: Six Flags Entertainment Corporation. The lower attendance was driven by an increase in ticket prices and elimination of free tickets and heavily-discounted product offerings. Processing fees apply to online orders. See the following financial statements and Note 4 to those financial statements for a discussion of Adjusted EBITDA (a non-GAAP financial measure) and its reconciliation to net income (loss). Sisters Tammy Slaton Seemingly Out of Wheelchair Amid Weight Loss Journey: Photo, Padma Lakshmi Sizzles in SI Swimsuit Debut, Pitchfork and Them Announce Night Out, a Pride Celebration and Concert, Aerosmith Announces Farewell Concert Tour Dates, Listen to Kant10ts Big Meech: The Ones. We recommend the Diamond Pass for the best parking! Six Flags Magic Mountain Update - June 27, 2021 (2022 Coaster, Traffic Issues, etc) Park Journey 1 year ago It's cable reimagined No DVR space limits. By providing these measures, we provide our investors with the ability to review our performance in the same manner as our management. Six Flags Announces First Quarter 2022 Performance On select days in June and July there will be an expanded food menu as part of an event called "Flavors of the World," and on select days in August the park will host Viva La Fiesta, which will include food and entertainment.