Earnings release
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& FOR IMMEDIATE RELEASE https://ir.cedarfair.com Cedar Fair Entertainment Company NEWS RELEASE Investor Contact : Michael Russell , 419.627.2233 Media Contact : Gary Rhodes , 704.249.6119 CEDAR FAIR ANNOUNCES 2021 SECOND QUARTER RESULTS • Reports strong attendance and guest spending trends through July • Most parks now operating at full capacity entering historically busiest period of the year • Season pass sales remain strong through early summer with passes valid in 2021 at record levels SANDUSKY , Ohio ( Aug. 4 , 2021 ) -- Cedar Fair Entertainment Company ( NYSE : FUN ) , a leader in regional amusement parks , water parks and immersive entertainment , today announced results for its second quarter ended June 27 , 2021 . " With all parks now open , guests are enjoying another FUN - filled season at our parks and we are seeing strong demand across our portfolio of properties , " said Cedar Fair President and CEO Richard A. Zimmerman . “ Our team did an excellent job of managing through early - season headwinds , allowing us to return most park operations to full capacity without the need for guests to make reservations . We also took decisive actions to mitigate the effects of labor shortages , attracting thousands of seasonal associates to bridge the gap in our workforce and allowing us to resume more normal operating schedules at most of our parks . As park restrictions have been relaxed and capacity expanded , attendance is now approaching 2019 levels , particularly on our busiest days . Our ability to drive historical levels of attendance across our parks so quickly following a generational business disruption , while effectively adjusting our operations to meet changing consumer preferences , reconfirms our confidence in the overall strength and integrity of our business model . " Zimmerman added , " We are seeing strong consumer confidence across our markets , creating a tailwind in terms of guest purchasing power and enabling us to build momentum as we approach our busiest period of the year . Guest spending started off strong this year and has continued to increase in recent weeks , similar to the trends we saw at parks that reopened during 2020. Our business intelligence team has done an outstanding job of dynamically pricing Cedar Fair Entertainment Company - One Cedar Point Drive , Sandusky , Ohio 44870 419.627.2233