Highest-materiality recent filing
United Parks Q2 net income down 21% to $63.3M; revenue falls 1.4% to $483.3M
Attendance fell 2.9% to 6.1M guests; total revenue per capita rose 1.5% to $79.82.
United Parks & Resorts Q1 net loss $34.1M, revenue $278.3M, attendance down 171K
Net loss of $34.1M vs $16.2M loss year ago; Adjusted EBITDA $58.0M, down $9.5M.
United Parks reports 2025 revenue down 3.6%, net income down 26%; repurchased 6.7M shares
Fiscal 2025 attendance 21.2M (-1.8% YoY); revenue $1.7B (-3.6%); net income $168.4M (-26.0%).
United Parks Q3 revenue down 6.2%, net income falls 25.4% as attendance declines
Q3 attendance 6.8M guests (-3.4% YoY); revenue $511.9M (-6.2%); net income $89.3M (-25.4%).
United Parks & Resorts stockholders approve $500M share repurchase program
Stockholders approved a new $500M share repurchase authorization; approval required majority of disinterested stockholders.
United Parks Q2 net income down 12% to $80.1M; revenue falls 1.5% to $490.2M
Attendance rose 0.8% to 6.2M guests, but total per capita revenue fell 2.2% to $78.64.
United Parks Q1 2025: revenue down 3.5% to $286.9M, net loss narrows to $16.1M
Attendance of 3.4M guests fell 1.7% YoY; revenue per capita declined 1.8% to $84.62.
United Parks Q4 revenue $384M (-1.2% YoY); net income $27.9M; repurchased 9.4M shares in FY2024
Q4 2024: revenue $384.4M (-1.2% YoY), net income $27.9M (-$12.2M), Adj. EBITDA $144.5M (-$6.0M).
United Parks & Resorts refinances $1.54B term loans, cuts revolver margins
New Term B-3 Loans of $1,542.3M issued to refinance existing Term B-2 Loans.
United Parks Q3 net income down 3.1% to $119.7M; repurchases 4.1M shares in quarter
Q3 revenue $545.9M (-0.4% YoY); net income $119.7M (-3.1%); Adjusted EBITDA $258.4M (-3.0%).
United Parks & Resorts appoints James Mikolaichik as CFO effective Nov 11, 2024
Mikolaichik previously CFO of MyEyeDr. and Diamond Resorts; brings 30+ years experience.
United Parks increases revolving credit facility to $700M, extends maturity to 2029
Revolving credit facility increased from $390M to $700M; maturity extended to August 23, 2029 (or earlier if Term Loan condition met).
United Parks Q2 net income up 4.7% to $91.1M, revenue up 0.3% to $497.6M
Attendance 6.2M, +0.8% YoY; record in-park per capita $37.76 (+2.5%).
Attendance of 6.2M guests (+100k YoY); total revenue ~$495-500M, roughly flat vs $496M in Q2 2023.
United Parks Q1 record revenue $297.4M, record Adjusted EBITDA $79.2M, net loss narrows to $11.2M
Revenue $297.4M (+1.4% YoY), record; Adjusted EBITDA $79.2M (+9.3% YoY), record.
United Parks & Resorts issues $380M term loan, redeems $227.5M 2025 secured notes
Incurred $380M Incremental Term B-2 Loans under credit agreement; total Term B-2 Loans outstanding now $1,550M.
Company launched a $230M fungible incremental term loan facility to finance redemption of 2025 Secured Notes; amendment subject to market conditions.
United Parks reports Q4 net income $40.1M; proposes $500M buyback subject to non-Hill Path vote
Q4 attendance record 5.0M guests; total revenue $389.0M (-0.4% YoY); net income $40.1M (-$9.0M).
SeaWorld corrects Term B-2 Loan amount to $1.173B; refinances existing debt
Corrected principal amount of new Term B-2 Loans from $1.173M to $1,173M (approx. $1.173 billion).
SeaWorld elects Nathaniel J. Lipman to board of directors effective Jan 2, 2024
Lipman previously served as CEO of CX Loyalty and held leadership roles at Cendant, Planet Hollywood, and Disney.
SeaWorld Q3 revenue down 3% to $548M, net income down 8.2%; in-park per capita record
Q3 attendance 7.1M (-2.8% YoY); total revenue $548.2M (-3.0%); net income $123.6M (-8.2%); Adjusted EBITDA $266.4M (-2.8%).
SeaWorld Q2 net income down 25% to $87.1M; revenue falls 1.7% to $496M
Attendance 6.1M guests, down ~0.1M YoY; total revenue $496.0M (-1.7%).
Q2 attendance 6.1M guests (-3.2% vs Q2 2022); total revenue expected $494-497M vs $504.8M.
SeaWorld dismisses Deloitte, appoints KPMG as auditor; material weakness persists
On May 16, 2023, Audit Committee dismissed Deloitte & Touche and engaged KPMG as independent auditor for FY2023.
SeaWorld Q1 revenue record $293.3M (+8.4%); net loss widens to $16.5M, adjusted EBITDA record $72.4M
Revenue record $293.3M, up 8.4% YoY; per capita spending record $86.84, up 9.2%.
SeaWorld posts record FY2022 revenue $1.73B, net income $291.2M; repurchased 12.4M shares
Q4 revenue record $390.5M (+5.3% YoY); Adjusted EBITDA record $153.7M (+0.9M YoY).
SeaWorld reports record Q3 2022 revenue $565M, net income $134.6M, ups buyback
Record Q3 revenue $565.2M (+8.4% YoY); net income $134.6M (+31.8% YoY); Adjusted EBITDA $274.2M (+3.4% YoY).
SeaWorld Q2 revenue record $504.8M; announces $250M share buyback
Q2 revenue $504.8M (record), +14.8% YoY; Adjusted EBITDA $234.4M (record), +7.1% YoY.
SeaWorld CFO to retire; Board authorizes $250M share buyback
CFO Elizabeth Castro Gulacsy to retire effective Dec 31, 2022 or upon successor appointment.
On October 8, 2024, United Parks & Resorts Inc. (the “Company”) announced the appointment of Mr. James Mikolaichik as Chief Financial Officer and Treasurer of the Company, effective as of November 11, 2024 (the “Effective Date”).
James (“Jim”) W. Forrester, Jr., the Company’s current Interim Chief Financial Officer and Treasurer, will step down from those positions, effective November 11, 2024 and will continue to remain with the Company and serve in the role of Senior Vice President of Finance
On September 18, 2024, United Parks & Resorts Inc. (the “Company”) announced the appointment of Bill Myers as the Company’s Chief Accounting Officer, effective as of September 18, 2024 (the “Effective Date”).
Jim Forrester, the Company’s Interim Chief Financial Officer and Treasurer, will serve as the Company’s principal accounting officer effective May 30, 2024.
On May 17, 2024, Shekufeh Shirazi Boyle, Chief Accounting Officer of the Company, notified the Company of her decision to resign from her position with the Company in order to pursue another opportunity.
the Board of Directors of the Company (the “Board”) elected Nathaniel J. Lipman to serve as a director of the Company effective January 2, 2024.
On June 28, 2023, Michelle (“Chelle”) Adams, Chief Transformation Officer of SeaWorld Entertainment, Inc. (the “Company” or “SeaWorld”), notified the Company of her intention to retire from her current position at SeaWorld in order to pursue personal opportunities effective August 4, 2023.
Effective as of January 27, 2023, the Board of Directors of the Company elected James ("Jim") W. Forrester, Jr., the Company’s Vice President, Finance, to serve as Interim Chief Financial Officer and Treasurer until a permanent Chief Financial Officer is appointed.
On January 27, 2023, the Board of Directors of SeaWorld Entertainment, Inc. (the “Company”) promoted Ms. Michelle (“Chelle”) Adams to the position of Chief Transformation Officer of the Company.
Appointment of Chief Accounting Officer Effective as of January 27, 2023, the Board of Directors of the Company elected Shekufeh Shirazi Boyle to serve as Chief Accounting Officer.
On June 17, 2022, SeaWorld Entertainment, Inc. (the “Company”) announced the appointment of Ms. Michelle (“Chelle”) Adams as Chief Financial Officer and Treasurer of the Company, effective as of June 17, 2022
Ms. Gulacsy has stepped down from the position of Chief Financial Officer, Treasurer, and Interim Chief Accounting Officer of the Company, effective June 16, 2022
Max materiality 0.85 · Median 0.62 · Most common event earnings