SeaWorld Entertainment expects big financial losses in Q2 despite in-park spending increases

SeaWorld Entertainment expects big financial losses in Q2 despite in-park spending increases

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SeaWorld Entertainment Inc. (NYSE: SEAS) was ready to see exponentially fewer people in its park this summer than last year due to the Covid-19 pandemic. Yet while that was expected, it still hurt. The Orlando-based theme park giant — which owns and operates many theme parks nationwide including SeaWorld Orlando, Aquatica and Discovery Cove — shared, via a preliminary earnings preview, a peek at its ongoing performance since reopening in June. In short: Year-over-year attendance and revenue…

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