Cedar Fair’s Strategic Merger with Six Flags Moves Forward Amid Record Guest Numbers and Financial Results



Cedar Fair LP (NYSE:FUN) reported a fourth-quarter FY23 sales growth of 1% year-on-year to $371.12 million, beating the analyst consensus of $366.96 million.

The net loss of $(10) million compared with net income of $12 million Y/Y is primarily due to transaction costs related to the proposed merger with Six Flags Entertainment Corp (NYSE:SIX).

The attendance totaled a record 5.78 million guests, up 9%, Y/Y. The increase in attendance was primarily attributable …

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