Cedar Fair LP (NYSE:FUN)
$ 44.75 -0.15 (-0.33%) Market Cap: 2.29 Bil Enterprise Value: 4.76 Bil PE Ratio: 18.45 PB Ratio: 0 GF Score: 72/100

Cedar Fair LP at Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference Transcript

Jun 03, 2019 / 11:45AM GMT
Release Date Price: $49.83 (-2.47%)
Christopher Prykull
Goldman Sachs Group Inc., Research Division - Equity Analyst

Good morning, everyone. I'm Chris Prykull. I cover the amusement parks, among other stocks, at Goldman Sachs. And as Steven mentioned, we're going to kick off this morning with Cedar Fair. Cedar Fair is one of the largest amusement park operators in the world. There were 25 million visitors last year across their portfolio of parks. The company has delivered mid-single-digit revenue and EBITDA CAGRs over the past 9 years with a growing distribution and targets a similar growth algorithm going forward.

I'm happy to be hosting President and CEO, Richard Zimmerman, to my left. And with him is Chief Financial Officer, Brian Witherow, to his left. This morning, they'll walk us through the strategy and what's next for the company. And please feel free to -- I'll go through some questions to kick things off, but if you have questions, just feel free to raise your hands, and we'll field those.

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