SeaWorld Fielding Investor Questions on CapEx, Hotel Strategy -- Market Talk

Dow Jones
Nov 09, 2023

1212 ET - SeaWorld Chief Executive Marc Swanson says the theme-park operator's investors have had a few questions for management. He says, for example, some investors have had questions about the company's ramp-up of capital expenditures as it looks to maintain and improve its parks. "As we speak to some of our investors, we have learned that there may be some confusion about this incremental capital spend," he tells analysts on a conference call. "We have also received questions from some of our investors about our hotel strategy," he says later in the call, adding that some investors have asked about how SeaWorld would finance the development of new hotels. Shares fall 2.2%. ( Will.Feuer@wsj.com ; @WillFOIA)

 

(END) Dow Jones Newswires

November 08, 2023 12:12 ET (17:12 GMT)

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