SeaWorld Entertainment

SeaWorld Entertainment, Inc. is a holding company, which engages in the ownership and operation of theme parks. It operates through the following brands: SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.

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SeaWorld reports record financials, plans for growth and efficiency

SeaWorld achieved record financial performance in Q4 2022 and fiscal 2022 despite challenges like adverse weather impacting attendance. The company's strong balance sheet, focus on revenue growth, and cost management efforts position it for continued success.
With plans for new rides, attractions, and infrastructure enhancements, SeaWorld aims to drive growth and enhance guest experiences. Strategic investments in high-confidence ROI projects and operational optimization reflect a proactive approach to long-term value creation.
Despite facing challenges such as increased operating expenses and competitive pressures, SeaWorld has opportunities to capitalize on its strengths and drive improved operating and financial results. Confidence in the long-term strategy underscores the company's commitment to delivering value for stakeholders.

SeaWorld achieves record Q1 results, eyes growth amid challenges

SeaWorld's Q1 2023 performance reflects resilience amidst challenges, with a focus on operational efficiency and revenue enhancement strategies.
The company's strong balance sheet and optimism about growth opportunities position SeaWorld well for future success and guest experience improvements.
While facing cost pressures and construction delays, SeaWorld's strategic initiatives and financial discipline offer a promising outlook for sustained growth.

SeaWorld reports robust Q2 results, eyes growth through investments

SeaWorld Entertainment (SEAS) delivered strong financial performance in Q2 2023, with attendance growth, increased per capita spending, and positive revenue trends. Despite challenges like labor shortages and weather impacts, the company remains focused on enhancing guest experience and driving revenue growth. With a solid balance sheet and strategic investments, SeaWorld is poised for future growth and value creation.

SeaWorld surpasses Q3 expectations with record in-park spending and strong 2024 bookings

SeaWorld's Q3 performance was resilient, with a focus on cost management, digital transformation, and long-term value creation. Despite challenges, the company remains optimistic about its outlook and growth prospects.

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United Parks & Resorts, Inc. is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.

State-of-the-art rescue center offers a new and unique experience as park guests view 350 coral colonies and 15 species of at-risk coral Guests can observe and interact with biologists working to repopulate Florida's Coral Reef while learning more about conservation and how to protect ocean health Part of SeaWorld's ongoing commitment to coral conservation as the private and public sector come together to save the Florida reef system The Fish & Wildlife Foundation of Florida is the partner of the coral rescue center initiative DOWNLOAD HIGH-RES ASSETS HERE ORLANDO, Fla. , June 9, 2023 /PRNewswire/ -- Today SeaWorld Orlando opened its first and all new Coral Rescue Center to park guests following a VIP ribbon cutting ceremony with esteemed members from Florida's conservation and rescue communities and local, state, and national lawmakers.

SeaWorld Orlando Opens its First and All New Coral Rescue Center to Park Guests - One of the Largest Public-Facing Facilities Dedicated to Coral Conservation in the Country

Every day is World Oceans Day at SeaWorld as a portion of park proceeds goes directly toward animal rescue and conservation all year long First 1,000 guests arriving at each U.S. park today will be gifted a free reusable tote bag to help combat single use plastic bag pollution ; SeaWorld was the first theme park in the U.S. to eliminate single use plastic straws and bags SeaWorld encourages the public to share their favorite SeaWorld animal experience on social media today for a chance to win a free annual pass ORLANDO, Fla. , June 8, 2023 /PRNewswire/ -- Today SeaWorld celebrates World Oceans Day with a free gift for parks guests while supplies last and a chance to win a free annual pass.

SeaWorld Celebrates World Oceans Day with a Free Gift for Park Guests While Supplies Last and a Chance to Win a Free Annual Pass

Fintel reports that on May 31, 2023, Goldman Sachs initiated coverage of SeaWorld Entertainment (NYSE:SEAS) with a Buy recommendation.

Goldman Sachs Initiates Coverage of SeaWorld Entertainment With Buy Recommendation

Six Flags Entertainment Corporation

Six Flags

Goldman Sachs has initiated coverage of Six Flags with a sell rating, concerned about its turnaround strategy. Cedar Fair and SeaWorld Entertainment were initiated with buy ratings.

Sell Six Flags, Buy Cedar Fair and SeaWorld?

SeaWorld Orlando's all-new Pipeline: The Surf Coaster opens to the public with a grand opening ceremony on May 27 Pipeline is the world's first surf coaster, and a first-of-its-kind attraction that features a rise and fall motion of the seats that mimic the sensation of riding a wave, including five airtime movements The Fish & Wildlife Foundation of Florida is the official conservation partner to Pipeline, working with SeaWorld to raise awareness of marine life and the need to protect the Florida coral reef DOWNLOAD HIGH-RES ASSETS HERE ORLANDO, Fla. , May 24, 2023 /PRNewswire/ -- The moment that SeaWorld Orlando guests have been waiting for is finally here as one of the most anticipated coasters of 2023 officially opens to the public.

One of the Most Anticipated Coasters of 2023, SeaWorld Orlando's All-New Pipeline: The Surf Coaster, Official Grand Opening May 27

Park opening extends SeaWorld's global mission to a new region of the world informed by nearly 60 years of world-class animal care and expertise Becomes first SeaWorld location outside of the U.S., the first marine life theme park in the region, and the first new SeaWorld park in 30+ years New park and recently opened rescue and research center are Global Humane certified, signifying a high standard of animal care DOWNLOAD HIGH-RES IMAGES HERE ORLANDO, Fla. , May 23, 2023 /PRNewswire/ -- SeaWorld is proud to announce that SeaWorld® Yas Island, Abu Dhabi is now open, extending the mission of marine animal conservation, education and inspiration to the UAE region.

First SeaWorld Park Outside of the U.S. Now Open Bringing Inspiring Animal Encounters, Educational Programs and Marine-life Attractions to a New Region of the World

Recognized as one of America's Best Large Employers in 2022 Parks offer flexible schedules, exciting perks, and opportunities for career growth Hiring for every park located in San Diego and Chula Vista CA, San Antonio TX, Tampa and Orlando FL, Langhorne PA and Williamsburg VA ORLANDO, Fla. , May 22, 2023 /PRNewswire/ -- SeaWorld Parks & Entertainment, a leading theme park and entertainment company and recognized in 2022 by Forbes as one of America's Best Large Employers, is hosting a national hiring event from June 5 -9 to fill over 10,000 positions across its parks nationwide.

SeaWorld Parks & Entertainment Kicks Off Nationwide Recruitment Week for 10,000 Positions Coast to Coast Across All Parks

Opening Spring 2023, the all-new kid-friendly hub of fun and fascination will teach animal conservation through interactive and engaging activities and playtime First and only of its kind in SeaWorld parks New area is full of adventure with exciting play elements, splash pad and water features, climbing structures, and amazing rides Guests will have unique up-close opportunities to see and learn more about rescued animals SeaWorld is one of the largest marine animal rescue organizations in the world helping over 40,000 sick, injured, or orphaned marine animals to date A portion of proceeds from SeaWorld tickets and in park purchases goes toward funding rescue and rehabilitation operations CLICK HERE FOR ASSETS SAN DIEGO , May 10, 2023 /PRNewswire/ -- Spring 2023 just got even more exciting with the announcement of the upcoming opening of SeaWorld San Diego's all-new kid-friendly play area, Rescue Jr. Opening soon, children will become the heroes of the park and learn about animal rescue and rehabilitation in the coolest way possible - through hands-on, active, and engaging experiences Kids can enjoy exciting play elements, a splash pad, water features, climbing structures and amazing rides. Real rescue vehicles, an obstacle course, puzzles, fun animal facts, and tips on how to help conservation every day add to the fun.

SeaWorld San Diego Makes Learning Fun with Rescue Jr., an ALL-NEW Interactive Play Area Dedicated to Marine Animal Rescue and Conservation

SeaWorld Entertainment, Inc. (NYSE:SEAS ) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET Company Participants Matthew Stroud - IR Marc Swanson - CEO James Forrester - Interim CFO and Treasurer Conference Call Participants Steve Wieczynski - Stifel Mike Swartz - Truist Securities Phil Cusack - JPMorgan Sean Wagner - Citigroup Thomas Yeh - Morgan Stanley Eric Wold - B. Riley Securities Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Barton Crockett - Rosenblatt Securities Operator Hello, and welcome to SeaWorld's First Quarter 2023 Earnings Conference Call.

SeaWorld Entertainment, Inc. (SEAS) Q1 2023 Earnings Call Transcript

Although the revenue and EPS for SeaWorld (SEAS) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

SeaWorld (SEAS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

SeaWorld (SEAS) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.12 per share a year ago.

SeaWorld (SEAS) Reports Q1 Loss, Tops Revenue Estimates

SeaWorld Entertainment Inc. SEAS reported a first-quarter loss that widened more than expected while record revenue beat forecasts, as a decline in attendance was coupled with record revenue per guest. The theme park operator's stock was still inactive in the premarket.

SeaWorld loss widens more than expected, but record total revenue, and revenue per guest beat forecasts

ORLANDO, Fla. , May 9, 2023 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2023.

SeaWorld Entertainment, Inc. Reports First Quarter 2023 Results

SeaWorld (SEAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate SeaWorld (SEAS) to Report a Decline in Earnings: What to Look Out for

SeaWorld parks in Orlando, San Antonio, and San Diego provide complimentary one-day admission to military veterans and their families Active-duty military members and their guests continue to enjoy one-day complimentary admission all year long SeaWorld has offered free admission to U.S. military for more than 20 years More than 10 million U.S. military guests and their families have visited the park at no charge through the Waves of Honor program ORLANDO, Fla. , May 2, 2023 /PRNewswire/ -- SeaWorld will honor Military Appreciation Month with free one-day admission for U.S. military veterans and up to three guests to its SeaWorld Orlando, SeaWorld San Antonio, and SeaWorld San Diego parks.

SeaWorld Honors Military Appreciation Month with Free Park Admission to Active-Duty U.S. Military, Veterans and Their Families Through Annual Waves of Honor Program

Comcast

Disney

Comcast's theme parks segment saw its revenue and adjusted EBITDA rise 25% and 46%, respectively, in its latest quarter. Theme parks account for just 7% of Comcast's business, but they're a bigger part of the Disney and SeaWorld Entertainment business models.

What's Good for Comcast's Theme Parks Is Good for Disney and SeaWorld, Too

ORLANDO, Fla. , April 19, 2023 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS) announced today that it will release its first quarter financial results before the market opens on Tuesday, May 9, 2023.

SEAWORLD ENTERTAINMENT, INC. ANNOUNCES FIRST QUARTER EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION

ORLANDO, Fla. , April 13, 2023 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today announced that Marisa Thalberg will join the company as their Chief Marketing and Communications Officer effective April 24, 2023.

SeaWorld Entertainment Names Marketing Veteran Marisa Thalberg as Chief Marketing and Communications Officer

Florida Fish and Wildlife Conservation Commission (FWC) and SeaWorld rescued Reckless, a manatee with catastrophic boat strike injuries, and her newborn calf in May 2022 SeaWorld veterinarians successfully performed first-of-its-kind procedures on Reckless and brought in experts to help with the groundbreaking treatments that saved her life As the largest manatee rescue operation in the U.S., and one of only five critical care centers, SeaWorld continues to help amidst the ongoing unusual mortality event (UME), coming to the aid of more than 1,300 manatees in peril to date DOWNLOAD HIGH-RES IMAGES HERE ORLANDO, Fla. , March 29, 2023 /PRNewswire/ -- In honor of Manatee Appreciation Day, SeaWorld today shared the story of 'Reckless', a catastrophically injured manatee rescued in May 2022 with her newborn calf 'Churro' and their continued journey of rehabilitation at SeaWorld Orlando.

SeaWorld Recognizes Manatee Appreciation Day with the Story of 'Reckless' that Underwent Nine Groundbreaking Procedures to Save Her Life and that of her Newborn Calf

Guests will embark on a globally inspired culinary experience featuring 79 chef-crafted and mixologist curated tastes inspired by cultures from around the world Twenty-three headlining acts from different genres will take the stage at the Festival Field throughout 11 event weekends Pass Members benefit with exclusive perks such as complimentary festival samples, an exclusive 18-item sampler for the price of a 15-item and early entry to festival concerts Starting at $15 per month, Annual Passes are the best way to enjoy the Food & Wine Festival, 23 live concerts and an entire year to experience new thrills like Serengeti Flyer DOWNLOAD HIGH-RES IMAGES AND B-ROLL HERE TAMPA, Fla. , March 10, 2023 /PRNewswire/ -- Busch Gardens Tampa Bay's Food & Wine Festival will offer guests a one-of-a-kind experience of flavor and rhythm from various latitudes of the world.

Busch Gardens Food & Wine Festival Returns with Globally Inspired Menu, Headlining Concerts for All Tastes and All-New Serengeti Flyer Attraction

Rescued in 2017 at approximately two weeks of age, Tyonek is the first Cook Inlet beluga calf to be successfully rescued and rehabilitated

SeaWorld Commemorates Five Years Since the First Successful Rescue and Rehabilitation of an Endangered Cook Inlet Beluga Calf

With the Leisure and Recreation Services Industry currently in the top 24% of over 250 Zacks Industries here are two stocks that investors should consider buying right now.

Time to Buy These 2 Entertainment Stocks

SeaWorld Entertainment, Inc. (NYSE:SEAS ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Matthew Stroud - VP, IR Marc Swanson - CEO James Forrester - Interim CFO & Treasurer Conference Call Participants Steven Wieczynski - Stifel, Nicolaus & Company Philip Cusick - JPMorgan Chase & Co. James Hardiman - Citigroup Eric Wold - B. Riley Securities Barton Crockett - Rosenblatt Securities Michael Swartz - SunTrust Paul Golding - Macquarie Research Operator Hello, and welcome to the SeaWorld Parks Q4 2022 Earnings Conference Call.

SeaWorld Entertainment, Inc. (SEAS) Q4 2022 Earnings Call Transcript

SeaWorld (SEAS) delivered earnings and revenue surprises of 11.76% and 1.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

SeaWorld (SEAS) Beats Q4 Earnings and Revenue Estimates

SeaWorld Entertainment Inc. SEAS, +1.14% stock rose 1.7% in premarket trades after the company beat analyst estimates for fourth-quarter profit and revenue. SeaWorld said its fourth-quarter profit fell to $49.01 million, or 76 cents a share, from $71.34 million, or 92 cents a share, in the year-ago quarter.

News for SeaWorld Entertainment Stock (SEAS)