By Connor Hart

United Parks & Resorts logged lower profit and revenue during the recent quarter as attendance fell.

"We are obviously not happy with the results we delivered in the quarter," Chief Executive Marc Swanson said Thursday.

The parent of SeaWorld and Busch Gardens theme parks faced a number of challenges during the third quarter such as unfavorable calendar shifts for the Fourth of July holiday, poor weather during peak periods, declining international visitation and less-than-optimal execution.

United Parks & Resorts hosted about 6.8 million guests in the period, down about 240,000 from last year. The company noted that attendance would have been roughly flat year-over-year, if adjusted for calendar shifts and the decline in international visitation.

Despite the disappointing year so far, Swanson noted a few green shoots including growth in in-park per capita spending and increased attendance to Halloween events.

"The consumer environment in the U.S. appears to be inconsistent, as has been outlined by a number of other leisure and hospitality businesses," he said. "Nonetheless, we can and expect to do better."

Shares were trading 23% lower, at $35.41, shortly after Thursday's opening bell. The stock has lost nearly 40% of its value since the beginning of the year.

For its three months ended Sept. 30, United Parks & Resorts posted a profit of $89.3 million, compared with $119.7 million a year earlier. Quarterly earnings of $1.61 a share missed the $2.25 a share that analysts polled by FactSet expected.

Revenue fell 6.2% to $511.9 million, also below the $538.7 million that Wall Street modeled.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 06, 2025 09:59 ET (14:59 GMT)

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