SeaWorld CEO steps down as attendance slides [CNN]
SeaWorld Entertainment, Inc. (SEAS)
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Source: CNN
SeaWorld CEO steps down as attendance slides The CEO of SeaWorld has stepped down as the company struggles with slumping sales and declining attendance at its theme parks. SeaWorld Entertainment ( SEAS ) appointed company insider John Reilly to serve as interim CEO after Joel Manby r esigned. The company said Tuesday that Manby "agreed that this is the right time to identify a new CEO as the company enters its next phase of intensified focus on execution and growth. SeaWorld said that it lost about $200 million in fiscal year 2017, which was not quite as bad as the year before, when it lost $215 million. Revenue was $1.26 billion, down from $1.34 billion the year before. Attendance at its theme parks, a key measure of SeaWorld's financial health, was down again in 2017. SeaWorld said that 20.8 million guests visited its parks last year, compared with 22 million the year before. The company said it's hoping to attract guests with 15 new rides and new marketing strategies, and is cu
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SEAS
Earnings
- 11/8/23 - In-Line
SEAS
Sec Filings
- 2/13/24 - Form SC
- 2/13/24 - Form 8-K
- 2/13/24 - Form SC
- SEAS's page on the SEC website