July 24, 201214 yr Q2 revenue up 11%. Attendance up 12%. EBITDA up 24%. Per Caps down 1% due to increased season pass attendance. Net Debt only down $1,000,000. They won't tell you this is due to their very high distributions and choice not to pay down low interest debt. I just did. Conference call today at 8 a.m. http://investors.sixflags.com/phoenix.zhtml?c=61629&p=irol-newsArticle&ID=1717554&highlight= The author is not a licensed investment advisor in Georgia, Ohio or any United State. Consult such should you have need of such. The opinions expressed are those of the author and do not necessarily reflect those of his employer, spiritual advisors, nor the next door neighbor's dog.
July 24, 201214 yr makes sense, dont pay down low interest debt, instead use it to help make you money in the long run....
July 24, 201214 yr How is using that money to pay distributions helping them make money in the longrun?
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