Six Flags shares rally on first-quarter revenue beat

3 articles · Updated · Bloomberg · May 7

The stock rose as much as 11% in premarket trading after revenue topped estimates, with first-quarter sales up 12% to $225.6 million and attendance rising 4% to 2.9 million visits.
Per-capita spending increased 6% to $69.26, helped by pricing changes, product mix and investments in food, beverages and updated pass and membership offerings.
Despite the upbeat sales performance, Six Flags reported a wider quarterly loss of $268.6 million; the shares had already gained 28% this year through Wednesday's close, versus 16% for the Russell 2000.

As losses widen despite rising revenue, can Six Flags' new premium strategy actually deliver long-term profitability?

Six Flags just sold seven parks to cut debt. What does this massive portfolio shift mean for the guest experience?