Thursday, Sep 29, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Local

Earnings: 2nd-quarter results slip at Cedar Fair

SANDUSKY - Cedar Fair LP, which owns Cedar Point and six other amusement and five water parks nationwide, said yesterday that its second-quarter profit dropped on smaller revenues, which it attributed to poor weather.

The company said profit of $13.2 million, or 25 cents a share, for the quarter was down from $16.7 million, or 33 cents a share, for the period a year ago. Revenues were down to $145 million from $145.2 million. But, excluding its newly purchased Geauga Lake amusement park, revenues were down 5 percent and attendance was off 8 percent from a year ago. Only visitor spending was up, 3 percent from a year earlier.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…