Rumors Rocks
Mouseketeer
- Joined
- Mar 29, 2013
http://www.wdwinfo.com/news/seaworld/SeaWorld_profits_up_300_percent.htm
SeaWorld Entertainment reports a 300 percent profit jump in 2012. Interestingly, this news comes after the company began considering a public stock offering, hoping to raise at least $100 million. 2012 earnings hit $77.4 million; in 2011, earnings were only $19.1 million. Revenue for the 10 SeaWorld parks was up 7 percent to $1.4 billion. In spite of higher ticket prices, ticket sales were up 7 percent to $884 million. Attendance for the year grew as well, with more than 24 million visitors entering the company's theme parks. Click link for more details.