Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/701374/000110465910012502/a09-35841_110k.htm
Exhibit 99.1
SIX FLAGS ANNOUNCES FULL-YEAR AND FOURTH QUARTER 2009 RESULTS
New York, NY March 5, 2010 Six Flags, Inc. (OTCBB: SIXFQ) announced today its consolidated operating results for the year and quarter ended December 31, 2009.(1)
Twelve Month Results
Revenue in 2009 totaled $912.9 million compared to $1.02 billion in 2008, representing an 11% decrease. The decrease is attributable to a 1.5 million (6%) decrease in attendance coupled with a $1.94 (5%) decrease in total revenue per capita (representing total revenue divided by total attendance). The attendance reduction was driven by a decline in group sales, reflecting cutbacks in outings by companies, schools and other organizations, as well as reduced complimentary and free promotional tickets. The reduction in total revenue per capita reflects decreased guest spending on admissions, food and beverages, games and merchandise and other in-park offerings, as well as decreased licensing and other fees.
Per capita guest spending, which excludes sponsorship, licensing and other fees, decreased $1.39 (4%) to $36.58 from $37.97 in 2008. Admissions revenue per capita decreased $0.53 (3%) in 2009 compared to the prior year, and was driven by the exchange rate impact on admissions revenue at the Companys parks in Mexico and Canada ($0.27) as well as price and ticket mix (i.e. season pass, main gate, group sales and other discounted or complimentary tickets). Decreased revenues from food and beverages, games, retail, and other in-park
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Six Flags Entertainment Corp.
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/701374/000110465910012502/a09-35841_110k.htm
Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.
ContinueRead positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.
ContinueRemove data columns and navigations in order to see much more filing content and tables in one view
ContinueRead both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q
ContinueExport Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis
ContinueGet one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports
Continue for FREEOur Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not
ContinueOur Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity
ContinueSee how over 70
Growth, Profitability and Financial Ratios perform over 10 Years