Cedar Fair L.P. (FUN) Reports 2% Increase in Prelim. Net Revs Through Labor Day
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Cedar Fair Announces Record Attendance And Revenues Through Labor Day
September 7, 2016 4:00 AM EDTSANDUSKY, Ohio, Sept. 7, 2016 /PRNewswire/ -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, today announced that preliminary net revenues through Monday, September 5, 2016, increased 2% to a record $1.04 billion compared with $1.02 billion through Labor Day weekend a year ago. As such, the Company expects 2016 to be its seventh consecutive year of record results.
This year-over-year growth was driven by a 1%, or 227,000-visit, increase in attendance to 20.5 million visits; a 1%, or $0.50, increase in average in-park guest per capita spending to $46.71; and a 5%, or approximately $5 million, increase in... More
