Tuesday, September 9, 2008

Cedar Fair Financial Update

Cedar Fair put out a press release today that is the results of the company's year through Labor Day. That leaves about 15% of their revenues ahead of them in the fall season.

Revenues were up - on a same park basis they were up $39 million, which is 5%. This comes off of a 6% increase in attendance, which is just shy of a million visitors.

Hard to gage if this matters though, as last quarter they made it clear that because of the calendar differences between 2007 and 2008 they had extra operating days thus far. So since they said these results are from the start of 2008 through Labor Day those differences still exist in these latest results. Curiously they didn't provide any 12 months running figures, either...