Cedar Fair Theme Park Attendance Worse Than Expected as Q2 Revenue Evaporates

Cedar Fair Theme Park Attendance Worse Than Expected as Q2 Revenue Evaporates

Cedar Fair (NYSE: FUN) reported second-quarter earnings this morning that showed attendance at their reopened amusement park venues was lower than expected. Instead of the 827 operating days across its parks it expected, or even the 726 days it had last year, Cedar Fair had just 39 operating days. The theme park operator suggested the timing of its reopenings coincided with a rise in COVID-19 cases, leading people to avoid coming out.