Six Flags Preemptively Blames 2004 Results on Weather at SFWoA

This morning, Six Flags Inc. held a hastily-scheduled conference call to provide guidance on its financial results for 2004. In addition to the usual rundown of capital expenditures and advertising plans, CEO Gary Story said that the anticipated massive losses were attributable primarily to inclement weather in the northeastern part of Ohio.

"We expect that the occasional rain and moderate wind will result in yet another year of our Worlds of Adventure property failing to achieve expectations," said Story. "Unfortunately, that means another year of massive losses for which we can accept no blame or responsibility whatsoever."

In a written statement, Six Flags also noted that the weather at its European parks division was expected to be unpleasant, and also noted that the presence of French and Swedish people on the European continent could materially affect earnings.

Posted at 8:04 AM | Link | 0 comment(s)

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