Comcast Reports Fourth-Quarter Results

[DonHelbig]

Comcast Corporation (NASDAQ: CMCSA) reported its fourth-quarter results, and its theme parks business posted strong gains. Following the May opening of Epic Universe, theme parks adjusted EBITDA rose 24% in the quarter—topping $1.0 billion in quarterly EBITDA for the first time—driven by higher attendance and increased per-capita guest spending in Orlando.

 

[IndyGuy4KI]

What are they doing that FUN/SIX is not?

[Tr0y]

2 hours ago, IndyGuy4KI said:

What are they doing that FUN/SIX is not?

They focus on the guest experience, while the management at FUN focuses on the excel sheet.

[DonHelbig]

7 hours ago, IndyGuy4KI said:

What are they doing that FUN/SIX is not?

They offer a premium experience for starters. Universal Orlando Resort is designed to make you stay multiple days. Six Flags parks are mostly regional with people visiting for a day, then going home. There’s less opportunity for Six Flags to monetize second and third days, on-site lodging and vacation package behavior. 

Universal excels at turning demand into high-margin upgrades, on top of tickets, food and merchandise. 

Six Flags is heavily dependent on season pass visitation in many of its markets, and that pressures per-cap spending. 

Universal also has those global, world-class IP as a repeatable content machine. They utilize it well.

That’s my thoughts on it.