Aug. 6, 2026
— Jeff Ward, Lehigh Valley News Briefs
Shares of Six Flags plummeted today after the amusement-park operator reported a $203 million second-quarter loss.
The shares (NYSE:FUN) traded at $15.63, down $3.12 or 17%, as of 9:52 a.m.
As I posted earlier, the owner of Dorney Park lost $203 million in the second quarter on revenue of $865 million. In the year-ago quarter, it lost $100 million on revenue of $930 million. That includes results from seven parks that were sold and one that was closed after the second quarter of 2025.
The results came out at 5 a.m. Then at 8 a.m., Six Flags Chief Executive John Reilly held a conference call and was optimistic about the plans to improve the “guest experience” and profitability of the parks.
Reilly also said there are no current plans to sell parks.
Wall Street wasn’t impressed or perhaps is not being patient. Reilly took over as CEO in December and has brought in new management, but the company has $5 billion in debt.
The current version of Six Flags resulted from the 2024 combination of the former Six Flags and Cedar Fair, then the owner of Dorney Park & Wildwater Kingdom in South Whitehall Township.
Disclosure: I own shares of Six Flags. Well, it happens.
Charlotte, N.C.-based Six Flags Entertainment Corp. operates 20 amusement parks, 14 water parks and nine resort properties in 13 U.S. states, Canada and Mexico, according to the company’s website. It also manages an amusement park in Saudi Arabia.
Lehigh Valley News Briefs 