Retro Six Flags

NEW: Will Six Flags be selling more parks? CEO John Reilly provided some answers in today's earnings report. When asked whether there are plans to sell or shut down more underperforming parks in the company portfolio, Reilly had this to say: "The first thing I think is important to say that we've said to our consumers and our pass members and our prospective visitors is that we have no other plans in 2026. If you're buying a pass, if you're thinking about a pass, the portfolio is the portfolio, and we're focused on the summer and execution. I think that's a very important message for people who wanna come and experience the summer in our parks. That said, we are seeing the benefits of focus since the disposal of the six parks and the pending sale of Montreal. We're seeing the benefits of focus in our strategy, and we're really focused on execution, on demand generation, on pricing and operational execution. The more we can focus that on the highest yield parks, the biggest parks, the better off we'll be. We'll approach this with flexibility, and we'll be willing to look at it again in the future." Going off of that answer, it sounds like the Six Flags portfolio of parks will remain the same through the 2026 season. The company was also asked about new capital for parks and how that will be allocated, and they continue to focus on parks in the chain providing the highest returns: "We remain disciplined in our capital allocation. Our priority is to invest in parks that offer the highest returns, particularly at our larger properties, with a focus on enhancing the guest experience through targeted investments in rides, food and beverage, and the overall environment.... I would just reiterate, you know, it's really more about reallocating to higher return parks.....it would be reprioritization, reallocation of the CapEx that would have gone to the parks that were sold, to parks with higher and better returns." As for the first quarter earnings, @SixFlags overall attendance increased 4%, per capita spending increased 6%, and net revenue increased 12% compared to the prior year. The company added that trends in attendance and revenue remained positive through April.

NEW: Six Flags Texas Regional General Manager Jeffrey Siebert announces that he is leaving his role with the company to spend more time with his family. Here is his full statement: “As you may have heard, I have taken a pause in my career to spend more time with family, especially our moms who are with us in San Antonio. While this time is a gift, no doubt I will miss my Six Flags family and seeing all of you. The company has been so supportive and will continue to blaze a trail to new horizons. I look forward to being a guest myself and enjoying all the thrilling adventures yet to come. Keep in touch, and see you at a park soon.” Fun story - I first met @jeffrey_siebert when he was the park president of Six Flags Fiesta Texas - but I didn’t meet him in San Antonio. He tapped my shoulder when I was waiting in line for Hollywood Rip Ride Rockit at Universal Studios in Orlando! He was also there with his family and spotted me. My kids asked me why a Six Flags guy would be hanging out at another company’s theme park - and I told them it’s because he truly LOVES theme parks, and that passion is why he’s always been so successful at every place he’s worked at. Best wishes to him and his family. Can’t wait to see where he eventually ends up in this industry down the line. 🎢🙌