Six Flags released another record quarter for the end of June, 2015, at least in terms of revenues - however not in actual earnings. The company had its usual conference call and while there isn't any big news, here are some notes:
• Revenue for the second quarter grew $10 million and attendance grew 9% to 8.9 million visitors.
• The season pass and memberships have hurt per caps; down 5% during the quarter ($2.18). Admission per caps decreased 7% and in-park spending was down 2%.
• Six Flags recognized $10 million in revenue for the parks under development in Dubai and China - they hope to be able to talk about those deals in more detail soon, and announce new ones.
• All-season dining passes have been a "home run" for Six Flags, and they plan to continue to focus on them in the future - also working on the retail side of things.
• The second quarter was another for the record books as the theme parks saw a 25.7% increase in revenue to $773 million, and operating cash flow increase 44.9% to $354 million.
• At Universal Studios Hollywood the new Fast and Furious Supercharged attraction on the Studio Tour has led to double digit attendance growth at the park already.
• The company pointed out that five years ago they made about $400 million from theme parks, and this year will probably be that plus about one billion dollars. Yes, billion.
• The Orlando resort grew attendance 21% during the quarter - a huge increase.
• NBCUniversal is still "excited" about growing in the rest of the world, including China and "other parts of the world" that they haven't talked about yet.