secwatch.observer — SEC 8-K summary
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Issuer:     United Parks & Resorts Inc. (PRKS)
CIK:        0001564902
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001193125-25-267995
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Parks Q3 revenue down 6.2%, net income falls 25.4% as attendance declines
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- Q3 attendance 6.8M guests (-3.4% YoY); revenue $511.9M (-6.2%); net income $89.3M (-25.4%).
- Adjusted EBITDA fell 16.3% to $216.3M; total revenue per capita decreased 2.9% to $75.39.
- Admission per capita down 6.3%; in-park per capita up 1.1% to $35.82 — record for nine months.
- International visitation declined ~90K guests; CEO cites poor weather and calendar shift as headwinds.
- Company repurchased 635K shares for $32.2M; forward bookings for Discovery Cove and group up >20% for 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564902/000119312525267995/0001193125-25-267995-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564902/000119312525267995/prks-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-267995

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer