• Cedar Fair reported record net revenues of $1.1 billion through the third quarter, a 3% increase over last year’s record results for the same nine-month period.
• Net revenues through October 30, 2016, were up 4%, driven by a 2% increase in attendance, a 1% increase in in-park guest per capita spending and a 6% increase in out-of-park revenues, including resort accommodations.
• Cedar Fair’s Board of Directors declared a 4% increase in the Company’s quarterly cash distribution to $0.855 per limited partner (LP) unit, payable December 15, 2016. This distribution represents an annualized rate of $3.42 per LP unit and an attractive 6% yield at current market prices.
• Cedar Fair remains confident in its FUNforward 2.0 business strategy and its ability to reach its Adjusted EBITDA goal of $500 million earlier than its original target of 2018.

 

Full report here...http://s1.q4cdn.com/010679293/files/doc_financials/quarterly/2016/Q3/161102-Q3-2016-Earnings-Release.pdf

Great news for CF. I wonder how this compares to Six?

Brad,

 

Ask and you shall receive. From the October 26, 2016 conference call, SIX 3Q earnings.

 

http://investors.sixflags.com/news-and-events/press-releases/2016/10-26-2016-120441187

 

A few of their milestones from the past few years...

• A 780 percent return on investment for our shareholders since May 2010 as compared to a 115 percent return for the S&P 500;
• A $4 billion increase in the company’s market capitalization from May 2010 to present, along with nearly $1 billion in dividends paid over the same time period;
• Record financial performance every year from 2010 to 2015;
• Increase in Adjusted EBITDA2 less capital expenditures from $99 million in 2009 to $369 million on a trailing twelve-month basis as of September 30, 2016—a gain of $270 million; and
• Industry-leading Modified EBITDA and Modified EBITDA less capital expenditures margins of 41 percent and 31 percent, respectively.

 

The full report here...http://investors.sixflags.com/news-and-events/press-releases/2016/10-26-2016-115510649

Great news for CF. I wonder how this compares to Six?

All of your answers:

 

http://investors.sixflags.com/news-and-events/press-releases/2016/10-26-2016-120441187

Looks like both companies had a great season!

Six Flags was citing weather issues for a slow start to the third quarter.  

 

I still prefer a visit to a Cedar Fair park over a visit to a Six Flags park.  There is just something intangible about a Six Flags park.  Maybe it is the feeling that everything seems "fake", or that their parks seem more cookie cutter than the Cedar Fair Parks.  I have been to Six Flags St. Louis, Six Flags Over Georgia, Six Flags Great Adventure and Six Flags Magic Mountain.  Don`t get me wrong, I have had fun at all of those parks.  There is just something that makes me prefer Cedar Fair Parks (I have been to Kings Island, Cedar Point, Kings Dominion, Carowinds, Canada`s Wonderland, Knott`s Berry Farm, and Dorney Park).