Strong investments driving Parks and Resorts revenue The Walt Disney Company’s (DIS) Parks and Resorts segment, which constitutes ~34% of its overall revenue, remains a potent force for the company’s top-line growth. Domestically and internationally, the Parks and Resorts business continues to generate strong growth, driven by higher average ticket prices and customer spending. The graph […]
Theme park revenue growth Comcast’s (CMCSA) theme park unit is part of its NBCUniversal segment, which reported 7.7% year-over-year growth in revenue in 3Q17. This growth was buoyed by the opening of Minion Park in Japan (EWJ) and Volcano Bay in Orlando. The continued success of Harry Potter in Hollywood has also supported the company’s theme […]
Performance of the Parks & Resorts segment The Walt Disney Company’s (DIS) Parks & Resorts segment remains key to the company’s top-line growth. The domestic Parks & Resorts business, which contributes ~80% of the segment’s total revenue, grew nearly 12% YoY (year-over-year) in 4Q17. In the last five quarters, the domestic segment has grown at […]
Performance in 4Q17 Hurricane Irma was 2017’s second blow to The Walt Disney Company’s (DIS) domestic Parks & Resorts business in Florida. Irma forced the park to close for two days, and the company called off three cruise itineraries and reduced two others. The graph above shows Parks & Resorts revenue over the last five quarters. The segment […]
Disney’s (DIS) lucrative Parks and Resort segment continues to dominate the top-line growth of the company driven by the growing popularity of its international presence.
The market does not yet appreciate the safety of modern rollercoasters or the defensive characteristics of the relatively small and underfollowed amusement park industry.
Six Flags’ per capita guest spending increased $2.79, or 7%, to $42.97 in 2014, primarily due to improved admissions pricing and new offerings in the parks.
A season pass or membership guest contributes higher aggregate profitability to Six Flags (SIX) over the course of a year than a single-day ticket guest.
Six Flags’ (SIX) admissions revenue per capita increased by 9% in 2014, primarily driven by pricing improvements on multi- and single-use ticket offerings.
Six Flags has $1.2 billion in revenue and 18 parks across North America. It operates 16 parks in the United States, one in Mexico City, and one in Montreal.
Six Flags’ fall in liquidity ratios is mainly due to the ~$460 million fall in cash and cash equivalents because of share repurchases and dividend payments.
As of January 15, 2015, Six Flags’ ROIC and WACC stood at 9.2% and 5.9%, respectively. This shows that Six Flags is employing its debt capital effectively.
Industry debt-to-equity ratio is about 5.5. Six Flags’ debt-to-equity ratio of 4.0 shows the company aggressively finances operations with debt capital.
Covidien plc (COV) is a 1.02% position in Iridian’s portfolio and develops, manufactures, and sells a diverse range of industry-leading medical device and supply products.
