Earnings Call Summary | Six Flags Entertainment(SIX.US) Q1 2024 Earnings Conference
Earnings Call Summary | Six Flags Entertainment(SIX.US) Q1 2024 Earnings Conference
The following is a summary of the Six Flags Entertainment Corporation (SIX) Q1 2024 Earnings Call Transcript:
以下是六旗娱乐公司（SIX）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Six Flags reported Q1 revenue of $133 million, down by 6% from the last year caused mainly by changes in the estimated opening date of Six Flags Qiddiya to mid-2025.
Despite a 6% increase in total attendance to 1.7 million guests, they suffered an adjusted EBITDA loss of $26 million, wider than the $17 million adjusted EBITDA loss in the previous year.
In-park revenue reached a Q1 record at $54 million, but total guest spending per capita decreased by 8%.
六旗公布的第一季度收入为1.33亿美元，比去年下降6％，这主要是由于六旗奇迪亚的预计开业日期改为2025年中期。
尽管总出席人数增长了6％，达到170万名客人，但他们遭受了2600万美元的调整后息税折旧摊销前利润亏损，高于去年调整后的1,700万美元息税折旧摊销前利润亏损。
园内收入创下了第一季度创纪录的5400万美元，但客人人均总支出下降了8％。
Business Progress:
业务进展：
Positive trends noted in park pass sales, group sales, and in-park spending, three years into transformation strategy.
Implementing initiatives like self-service kiosks and digital wallets and plan to launch an online gaming platform in the Metaverse.
Large scale attractions will be launched at various parks and the 'Fright Fest' event will see significant features.
Commitment towards sustainability with the third solar installation project, aiming to become the largest producer of carport solar power in North America.
Increase in pass pricing anticipated to generate more revenue, aided by promotional offers.
To mitigate potential Q2 revenue headwinds, they rely upon strong pass sales trend, cost cut strategies, and launch of new rides.
Simplifying pricing of passes, expanding usage of AI in training employees, enhancing safety, guest interactions, aggressive media campaigns and significant events.
Positive response to 'premiumization' strategy with increased participation in diamond and platinum membership and rise in all-season dining.
转型战略实施三年后，公园通行证销售、团体销售和园内支出呈现积极趋势。
实施自助服务终端和数字钱包等举措，并计划在元界推出在线游戏平台。
大型景点将在各个公园推出，“Fright Fest” 活动将大放异彩。
第三个太阳能安装项目致力于实现可持续发展，旨在成为北美最大的车棚太阳能生产商。
在促销优惠的帮助下，通行证价格的上涨预计将产生更多收入。
为了缓解第二季度潜在的收入不利因素，他们依赖强劲的通行证销售趋势、成本削减策略和新游乐设施的推出。
简化通行证定价，扩大人工智能在员工培训中的使用，增强安全性、访客互动、激进的媒体宣传和重大活动。
钻石和白金卡会员的参与度增加，全季餐饮业的增加，对 “高级化” 战略的积极回应。
More details: Six Flags Entertainment IR
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Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。