From Yahoo Finance: 2025-05-12 12:57:00

United Parks & Resorts Inc. (NYSE: PRKS) reported disappointing first-quarter 2025 results, with a loss per share of 29 cents, missing estimates. Sales of $286.9 million were down 3.5% YoY. Revenue per capita fell 1.8% to $84.62, admissions dropped 4.2% to $46.04, but in-park spending rose to $38.58. Attendance declined 1.7% to 3.4 million guests.

The company repurchased 100,000 shares, aided 205 wild animals, and reported an adjusted EBITDA of $67.4 million, down 14.8% YoY. Cash and equivalents dropped to $75.665 million, and long-term debt decreased to $2.259 billion. CEO Marc Swanson attributed Q1 performance to timing shifts of holidays, impacting admissions and spending.

Swanson noted timing-related expenses and an increase in certain expenses compared to 2024. He highlighted an 8.1% increase in April 2025 attendance compared to 2024 and positive booking trends for Discovery Cove and international sales. PRKS shares were up 2.08% to $48.16 on Monday.



Read more at Yahoo Finance: Holiday Timing Impacts United Parks’ Q1 Performance