VAC
VAC
VAC
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities

Six Flags revenue grows 7 per cent in Q3 2018 despite weather

Without any doubt, this was the worst third quarter weather we had experienced since I came to the company nine seasons ago

Six Flags’ latest financial figures for Q3 2018 show continued growth across the board, with uplifts in revenue and net income on the same period in 2017, as the firm gets ever-closer to a consecutive ninth year of record financial performance.

Revenue for the quarter increased by US$39m (€34.2m, £30.2m), or 7 per cent, from Q3 2017 to US$620m (€543.9m, £480.5m). The company attributed this growth mainly to a 42 per cent increase in sponsorship, international agreements and accommodations revenue.

Net income for the quarter increased US$3m (€2.6m, £2.3m), or 2 per cent, to compared to Q3 2017, while adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) also rose 2 per cent to US$307m (€269.3m, £237.9m).

Revenue for the year to date has seen an uplift of 8 per cent to US$1.2bn (€1.1bn, £930m) on the 2017 figures to Q3, while net income grew US$21m (€18.4m, £16.3m), or 12 per cent and adjusted EBITDA increased 6 per cent to US$458m (€401.7m, £355m).

All of this financial growth has occurred despite weather conditions slightly stymying attendance growth, according to Jim Reid-Anderson, chair, president and CEO of Six Flags.

“Although we did not experience the dramatic hurricane events of last year's third quarter, the weather was a net drag on attendance growth during Q3,” he said, speaking during an earnings call.

“Sustained rain on the East Coast, coupled with heat and rain in Texas, did not allow us to gain the expected weather advantage over 2017. In addition, severe flooding at Six Flags Over Texas and Hurricane Harbor, Arlington forced us to temporarily close those parks in late September.

“Without any doubt, this was the worst third quarter weather we had experienced since I came to the company nine seasons ago. The weather had a significant adverse impact, hundreds of thousands of visits worse than both the nine-year average and versus 2017 – hard as that may seem to believe.

“With the addition of Magic Waters in Rockford, Illinois next year, we will have 26 parks in our system, increasing our addressable market and making us more geographically diverse.”

Sign up for FREE ezines, news alerts & magazines
Six Flags’ latest financial figures for Q3 2018 show continued growth across the board, with uplifts in revenue and net income on the same period in 2017, as the firm gets ever- closer to a consecutive ninth year of record financial performance.
TAW,VAT
THUMB29616_82811.jpg

More News

1 - 15 of 69,578
03 Jun 2026
Four Seasons Resort The Nam Hai in Hoi An, Vietnam, has put together a Global Wellness Day (GWD) agenda with activations rooted in nature and ... More
03 Jun 2026
Lithuanian care operator Addere Care has launched a “wellness care hospital” in Vilnius. It's the company’s second Lithuanian site, following a hospital in Trakai, but ... More
03 Jun 2026
Australia’s fast-growing fitness network, Viva Leisure, is adding a low-cost gym brand to its already extensive portfolio. The Zoo Fit rollout starts  in July with ... More
03 Jun 2026
Speedflex has launched a strength training programme for 10 to 16-year-olds, to make it safer, more inclusive and more engaging. Built on the Speedflex training ... More
01 Jun 2026
Tewinbury Farm Hotel in Hertfordshire, UK is expanding its premium leisure proposition with the launch of Farm Club, on 15 June. Located 30 minutes from ... More
01 Jun 2026

Work is underway in Madrid on one of Europe’s most significant multi-functional complexes, combining sport, entertainment, culture and education.

The €800 ... More

01 Jun 2026
Rainer Maelzer, an experiential entertainment innovator, has been appointed chief entertainment officer by Therme Group.  With decades of experience in immersive water-based attractions, Maelzer will ... More
29 May 2026
PureGym is encouraging people to step away from their screens and go for a walk, in a new initiative timed to coincide with Mental Health ... More
29 May 2026
Small improvements to sleep, diet quality, and physical activity, made in combination lead to a significantly reduced risk of major cardiovascular events, including heart attacks ... More
29 May 2026

Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse ... More

28 May 2026
The Global Wellness Summit (GWS) will celebrate its 20th anniversary at the 2026 event in Phuket, Thailand, later this year with the theme: The Science, ... More
28 May 2026
Auko, an all-inclusive development, is opening in Phong Nha in Vietnam in Q3 2026, with a series of 30 tented eco-lodges and wellness hospitality operations ... More
28 May 2026
Therme Manchester’s 28-acre development, which will include interconnected glass pavilions that measure 65,000sq m, will be the largest bathing and wellbeing attraction in the world ... More
28 May 2026

Efteling has opened Hooghmoed, a new family drop tower designed to broaden the appeal of its recently launched Sirene Island themed area and ... More

28 May 2026
Naples Beach Club, a Four Seasons Resort, has opened a 2,800sq m spa called The Sanctuary, with the design and concept inspired by the Native ... More
1 - 15 of 69,578
VAC
VAC