SeaWorld Entertainment Inc (NYSE: SEAS) reported a third-quarter FY23 sales decline of 3% year-on-year to $548.2 million, missing the analyst consensus estimate of $549.37 million.
Stock futures indicate a subdued opening on Wednesday after several consecutive gains in major averages. Traders are eagerly awaiting Federal Reserve Chair Jerome Powell’s speech for insights into possible rate cuts. Media earnings, including Walt Disney Co.
Six Flags Entertainment Corp (NYSE: SIX) and Cedar Fair (NYSE: FUN) are reportedly on the cusp of finalizing a merger, potentially reshaping the landscape of regional amusement parks in the U.S.