secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corporation/NEW (FUN)
CIK:        0001999001
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001999001-25-000171
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Six Flags posts Q3 net loss of $1.2B on $1.5B impairment, revenue down 2%
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- Net revenues $1.32B, down 2% vs prior year; attendance up 1% to 21.1M guests.
- Net loss $1.2B driven by $1.5B non-cash impairment of goodwill and intangibles.
- Adjusted EBITDA $555M, down $3M; FY2025 guidance revised to $780M-$805M.
- JANA Partners and Travis Kelce acquired significant stake; discussing branding partnership.
- October attendance down 11% vs 2024 but up 7% vs 2023; 2026 season pass sales up 3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999001/000199900125000171/0001999001-25-000171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999001/000199900125000171/fun-20251107.htm
  HTML page:      https://secwatch.observer/filing/0001999001-25-000171

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