SeaWorld Parent Announces Major Share Repurchase Initiative

United Parks & Resorts Inc., the parent company of SeaWorld Entertainment, has unveiled a substantial $500 million share repurchase authorization, a move that propelled its stock price upward by as much as 4%. The announcement signals a strong vote of confidence from management in the company’s financial health and future prospects.

The decision to initiate a buyback program comes against a backdrop of varied second-quarter 2025 performance metrics. While the company reported a 0.8% increase in attendance to 6.2 million guests, it also experienced a 1.5% decline in revenue, which settled at $490.2 million. Net income saw a more pronounced decrease, falling 12.1% to $80.1 million. Consequently, diluted earnings per share (EPS) came in at $1.45, missing consensus analyst estimates.

Company leadership partially attributed these... Read more...