Sunday, January 3, 2016

3 Theme Park Operators That Beat Disney in 2015

Cedar Fair (NYSE: FUN ) , up 23.3%

The company behind Ohio's Cedar Point, California's Knott's Berry Farm, and other regional amusement parks has been rolling since hiring former Disney exec Matt Ouimet as its CEO in 2012. Cedar Fair didn't necessarily have a great 2015. It has fallen short of Wall Street's profit targets in each of the past four quarters.

However, it did experience a 7% uptick in revenue as the combination of a 5% uptick in attendance, 2% gain in in-park per capita spending, and 10% burst in out-of-park revenue helped drive results. Like Six Flags, Cedar Fair also boosted its payout in November. Cedar Fair now yields an impressive 5.9%.

Read the rest at TheMotleyFool

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