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Six Flags Signals More Park Sales and Closures as CFO Prioritizes a Smaller Portfolio

The company is moving to classify parks by performance, with weaker sites improved or sold to pare debt.

Overview

  • On the Nov. 7 earnings call, CFO Brian Witherow said making the park portfolio “smaller and more nimble” is a priority.
  • Executives outlined a core versus non-core framework, with underperforming parks either elevated toward top-tier results or divested.
  • Six Flags America near Washington, D.C., closed permanently on Nov. 2 after a portfolio review.
  • California’s Great America is slated for closure within a 2028–2032 window, and the company has monetized excess land near Kings Dominion.
  • This strategy follows sharp 2025 attendance and revenue declines and heightened investor pressure, including an October stake of roughly 9% by Travis Kelce and JANA Partners.