United Parks & Resorts ( (PRKS) ) has shared an update.
United Parks & Resorts Inc. reported its financial results for the fourth quarter and fiscal year 2024, revealing a slight decline in attendance and revenue compared to the previous year, largely due to adverse weather conditions. Despite these challenges, the company achieved record in-park per capita spending and continued its strategic growth initiatives, including refinancing debt and repurchasing shares, which underscore its commitment to enhancing shareholder value. Looking ahead, the company is optimistic about 2025, with plans for new attractions and events aimed at boosting attendance and revenue.
More about United Parks & Resorts
United Parks & Resorts Inc. is a leading theme park and entertainment company, known for its diverse array of amusement parks and attractions. The company focuses on delivering unique and immersive experiences to its guests, with a strong emphasis on innovative rides and attractions across its various locations.
YTD Price Performance: -3.22%
Average Trading Volume: 763,104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.06B
See more insights into PRKS stock on TipRanks’ Stock Analysis page.