Six Flags Entertainment Corporation (NYSE:SIX) Q3 2022 Earnings Conference Call November 10, 2022 8:00 AM ET

Company Participants

Stephen Purtell – Senior Vice President-Investor Relations

Selim Bassoul – President and Chief Executive Officer

Gary Mick – Chief Financial Officer

Conference Call Participants

Ben Chaiken – Credit Suisse

Paul Golding – Macquarie

Steve Wieczynski – Stifel

Ian Zaffino – Oppenheimer

Jamie Hardiman – Citi

David Katz – Jefferies

Michael Swartz – Truist

Barton Crockett – Rosenblatt Securities

Operator

Good day, and welcome to the Third Quarter 2022 Six Flags Entertainment Corporate Earnings Conference call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Stephen Purtell, Senior Vice President of Investor Relations. Please go ahead.

Stephen Purtell

Good morning and welcome to our third quarter 2022 call. With me is Selim Bassoul, President and CEO of Six Flags; and Gary Mick, our Chief Financial Officer. We will begin the call with prepared comments and then open the call to your questions.

Our comments will include forward-looking statements within the meaning of the Federal Securities Laws. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in such statements, and the company undertakes no obligation to update or revise these statements.

In addition, on the call, we will discuss non-GAAP financial measures. Investors can find both a detailed discussion of business risks and reconciliations of non-GAAP financial measures to GAAP financial measures in the company's annual reports, quarterly reports, and other forms filed or furnished with the SEC.

At this time, I will turn the call over to Selim.

Selim Bassoul

Thank you, Steve and thanks to all of you for joining us today. I want to begin by thanking the entire Six Flags team. The most important thing we have done since I took over as CEO a year ago is to develop an agile culture of excellence, urgency and results. Taking risks, challenging outdated ways of thinking and investing in people is how I have taken companies like Middleby to the next level.

And in this challenging year of strategic transition, our team worked tirelessly to elevate the experience of every guest and to lay the groundwork for sustainable profit growth in the future. Their passion for our parks and serving our guests is inspiring. And I'm proud to be leading this exceptional team. We needed this cultural shift because we are making big bets as a company. On today's call, I will discuss those bets, why we made them and the lessons we have learned.