Six Flags says it has no plans to close parks, despite media reports

(Gray News) – Six Flags has no plans to close any of its parks, despite rumors this week that it might be considering its options.

Six Flags Corporate Director of Communications Gary Rhodes confirmed in an email Friday: “We have no plans to close any parks.”

The reports of possible closures came after Six Flags Entertainment Corporation released its quarterly earnings report on Wednesday, its first since its merger with Cedar Fair.

Some media outlets said the earnings report suggested Six Flags would at least consider closing some of its 42 locations as part of its long-term business plan, although the report did not say so directly.

The earnings report said that as part of the company’s plan, Six Flags will “revise the park portfolio over time to optimize the asset base, narrow management focus and help reduce net debt.”

However, this does not equate to park closures, as Rhodes confirmed in his email.

Highlights from the quarterly earnings report included that Six Flags’ revenues totaled $1.35 billion and 21 million guests visited the parks.

Six Flags President and CEO Richard A. Zimmerman said in the press release that the last five weeks of the quarter showed particularly strong results as visitor numbers increased by more than 1 million people compared to the same period last year.

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