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Summer's Nearly Here, and Six Flags Is Heating Up

Summer's Nearly Here, and Six Flags Is Heating Up

Working off an admittedly low base, given the slow season and the comparison to a pandemic Q1 2021, Six Flags nonetheless grew its park attendance numbers 25%, its revenue 68%, and -- well, no profit, unfortunately, but Six Flags cut its losses by 31% year over year. Six Flags welcomed 1.7 million guests to its parks in the quarter, extracted $138 million in revenue from their wallets, and lost $0.76 per share in the process. Investors may not be thrilled with the loss, but it seems to me that Six Flags is setting itself up to make a lot of money this year, once the weather warms and attendance picks up.