Six Flags to Sell Seven Parks

Six Flags' move to sell seven parks aims to improve financial performance by focusing on higher-performing locations. These parks collectively brought in 4.5 million guests and $260 million in revenue in 2025. The sale is expected to generate $331 million. This move follows Six Flags' 2025 financial results, which included $3.1 billion in revenue but a $1.6 billion net loss, including a $1.5 billion non-cash impairment charge. Attendance in 2025 totaled 47.4 million guests. Fourth-quarter attendance was down 13% due to factors like canceled winter events. United Parks & Resorts could see an opportunity to acquire some of the divested Six Flags properties. United Parks & Resorts has been focused on expansion and strategic acquisitions. Investment firms have also shown confidence in United Parks & Resorts' growth potential. Six Flags' CEO John Reilly stated the sale would simplify the portfolio, strengthen the balance sheet, and allow for greater focus. The company aims to improve operating leverage, expand margins, and accelerate cash flow. The deal is expected to close by the end of Q1 or beginning of Q2 2026. EPR Properties is acquiring the parks and partnering with Enchanted Parks to manage the US locations. La Ronde Operations, Inc. will oversee the Montreal park. Six Flags will retain its branding at the parks through 2026.