Seeking Alpha

Theme park revenue stays steady

  • Comcast (CMCSA +5.7%) says theme park sales rose 1.1% in Q2 to $546M as the sector continues to see steady pace of growth in traffic and guest spending. The YTD pace of 5.9% growth better reflects the shift of a major holiday to Q1 this year.
  • Sector watch: Six Flags (SIX +0.1%), SeaWorld (SEAS +0.5%), Cedar Fair (FUN +0.5%), and Disney (DIS +1.3%) have seen much of the same consistent theme park growth this year - although Q3 will be closely watched to see if the tragic death of a park visitor at Six Flags had any impact on traffic.
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