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Six Flags Entertainment Plans to Move Headquarters to Texas in 2027
Six Flags Entertainment announced plans to move its corporate headquarters in 2027 from Charlotte, North Carolina to its current offices in Arlington, Texas. The Arlington headquarters will serve as the primary hub for the Company's corporate leadership and shared business functions. Located at the center of the Dallas-Fort Worth region, Arlington brings leadership closer to the Company's five Texas properties. The transition is expected to be completed by March 2027.
Six Flags Plans to Relocate Headquarters to Arlington, Texas in 2027
Six Flags announced plans to relocate its corporate headquarters from Charlotte, N.C., to its current offices in Arlington, Texas in 2027. The Arlington headquarters will serve as the primary hub for the company's corporate leadership and shared business functions. Choctaw Stadium has served as a corporate office since 2020 and is currently home to a portion of the company's corporate workforce. The relocation is expected to be completed by March 2027.
Six Flags Reports 7% Decrease in Attendance for Q2
Attendance totaled 13.1M visits, a decrease of 7%, from 14.2M visits. Per capita spending was $62.89, an increase of 1%, from $62.46. Operating days totaled 1,615, a decrease of 378 days, from 1,993. "Our second quarter and first-half results reflect meaningful progress advancing the strategic priorities we established at the beginning of the year to strengthen the business," said John Reilly, Six Flags President and CEO. "Our more focused operating portfolio generated higher attendance, net revenues and Adjusted EBITDA, demonstrating that our portfolio actions and performance improvement initiatives are delivering improved financial results. Additionally, season pass and membership sales increased and our active pass base expanded during the second quarter, reinforcing our conviction that we are taking the right steps to build a stronger, more predictable business as we enter the most important part of our operating season."
Citi Analyst Says July Weather Affects Six Flags Attendance
Citi says July weather got off to an uncomfortably hot start, but has since reverted closer to the mean, though the most recent headwind for theme park attendance appears to be poor air conditions stemming from Canadian wildfires. While park closures have been limited, "we can't help but think that this will be a short-term drag on attendance," the analyst tells investors in a note that also lays out the parks owned by Six Flags (FUN) or United Parks & Resorts (PRKS) that fall within the area affected by the air quality issues.
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