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Stock impact report

Cedar Fair Reports 3% Increase in Net Revenues Through the July 4th Holiday Weekend

Cedar Fair, L.P. (FUN) 
Last cedar fair, l.p. earnings: 11/6 04:00 am Check Earnings Report
Company Research Source: Business Wire
Investments in broadening the guest experience support strong underlying consumer demand SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today reported preliminary net revenues through July 7, 2019, of approximately $579 million, an increase of $16 million, or 3%, when compared with the same fiscal period a year ago. This period traditionally represents approximately 40% of the Company’s full-year net revenues.The increase in net revenues was driven by a 3% increase in in-park guest per capita spending, a 3% or $2 million increase in out-of-park revenues, including resort hotels, and flat attendance, compared to the same prior-year period. These favorable results benefitted from only one week of operations from the newly acquired Schlitterbahn water parks in New Braunfels and Galveston, Texas.“Our commitment to enhancing and broadening the guest experience has led to strong Show less Read more
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