Cedar Fair shares tumble on 3Q profit, sales
Ohio — Amusement park operator Cedar Fair Entertainment Co. said Tuesday that profit rose in the third quarter from a year-ago period hurt by charges, but weaker-than-expected revenue sent the company's shares tumbling 27 percent. Cedar Fair, based in Sandusky, Ohio, said sales dropped as attendance...
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- News Source: Palm Beach Post | about 1 month agoOhio — Cedar Fair Entertainment Co. says it will not make any cash distribution to the owners who hold unit shares in the company as a result of lower revenues. Cedar Fair officials say the struggling economy combined with bad weather led to more...
- News Source: Seattle Times | about 1 month agoOhio — Amusement park operator Cedar Fair Entertainment Co. said Tuesday that profit rose in the third quarter from a year-ago period hurt by charges, but weaker-than-expected revenue sent the company's shares tumbling 27 percent. Cedar Fair, based...
- News Source: Crain's Cleveland Business | about 1 month agosaid it will suspend cash distributions on its limited partner units beginning next year as it works to pay down debt. Cedar Fair made the revelation as it reported higher third-quarter earnings thanks to a smaller provision for taxes than it...
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- Blog Source: blog.taragana.comCedar Fair: no cash distribution to owners in 2010.
- Blog Source: vote4recreation.comCedar Fair suspends cash distributions in 2010. Sandusky Register The weather was bad and the economy worse, and that's why more than a million fewer visitors showed up at Cedar Fair's amusement parks across North America, … ...
- Blog Source: www.themeparkinsider.comCedar Fair, the company that owns Cedar Point, Kings Island and Knott's Berry Farm, among other theme parks, is going into cash conservation mode next year, as guest attendance and spending continues to decline across the chain. ...
- Blog Source: vote4recreation.comAttendance, revenues down at Cedar Fair parks. Bizjournals.com s parks saw fewer visitors over the summer but a property sale helped boost third-quarter earnings. Cedar Fair, which owns the Kings Island theme park in … ...
- Blog Source: clevelanddaily.netCedar Fair to suspend cash distributions on limited partner units in 2010 · He Sure Looks Heavy · David Huff Loves Free Golf, Earning Tips Cleaning Clubs · Rangers: Women Try To Cash In After Metroparks Car Break-Ins · Vanished Empire ...
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