Six Flags (SIX) CEO Defends Results, Sees 'Perfect Storm'

July 21, 2014 3:29 PM EDT

Six Flags Entertainment Corp. (NYSE: SIX) is moving ofd the lows of the day after the CEO defended the company's results on CNBC. The results included a sharp drop in attendance which was due to the harsh winter which kept schools in session for longer to make up days. Despite the lower attendance in the quarter the CEO noted a number of financial records and sees a 'perfect storm' to drive Q3 results. He is not worried about customer spending. Shares of Six Flags are down 4.2% into the close.



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