Thursday, February 7, 2008

Cedar Fair 2007 Results

Cedar Fair just announced their full 2007 operating results. Overall, they have positive numbers to report - but I didn't really expect anything other than that.

Picking through these numbers to see what really went down takes time, but it is worth noting that at several points in the press release they state they are good with being able to continue to manage their debt, pay dividends as expected (i.e. not slash them), and continue to reinvest in the parks.

The conference call should be interesting today, but that's not till 2 pm. I'm also very interested to see if the market takes this press release to heart or decides it's fluff. Time will tell!