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Six Flags Could Sell Off More Parks -- WSJ

Six Flags Could Sell Off More Parks -- WSJ

Dow JonesDow Jones2026/11/05 22:30

By Jacob Passy

Six Flags is considering offloading more of its theme parks as part of the company's efforts to reduce debt and return to profitability.

"We carry more debt than we want, and bringing it down is a priority," Six Flags Chief Executive John Reilly said during the company's earnings call. "Optimizing the portfolio is how we will get there.

The willingness to downsize marks a shift in tone from earlier this year. Reilly attributed that to the company's previous focus on expanding its base of passholders.

He declined to provide a specific number of parks under consideration for sale or closure later in the call. Earlier this year, the company sold seven of its worst-performing parks across the U.S. The company also closed a park located in Maryland-Reilly said the sale of that land is expected to close at the end of 2027.

Read more on the company's earnings here.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 05, 2026 17:30 ET (22:30 GMT)

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