Company Reports Q4 Revenue of $650M, Beating Expectations
Reports Q4 revenue $650M, consensus $598.05M. Attendance totaled 9.3 million guests, down 13% or approximately 1.4 million visitors compared with the fourth quarter of 2024 -- on a per operating day basis attendance was down 2% compared with Q4 2024. Per capita spending was $66.41, up 8% compared with Q4 2024. "While 2025 results fell short of our expectations, the work completed over the past year has strengthened the foundation of our enterprise," said John Reilly, CEO. "Over that time, we made significant investments...and in 2026, we will continue to invest heavily in an exciting slate of family-oriented attractions, food and beverage facility upgrades, and record-breaking roller coasters....we are confident that our efforts will restore profitable growth that is sustainable over time. We are equally focused on strengthening our balance sheet. The successful refinancing of our 2027 notes in early January was the first significant step in that direction and as performance improves our intent remains clear - use the cash-generating strength of our business combined with a disciplined capital allocation approach to pay down debt and reduce leverage as quickly as possible. Reducing leverage and restoring financial flexibility are essential to creating sustainable shareholder value".