Six Flags CEO: 'We became a cheap day care center for teenagers' – New York Post

Six Flags revealed it has shed nearly 2 million customers during the past year – a drop that came partly because of an initiative to weed out “rowdy teenagers,” according to the company’s CEO. The Arlington, Texas-based theme park’s shares tumbled 18% to $21.12 on Thursday after it disclosed that attendance at its 27 parks was down 22% from a year ago to 6.7 million in the quarter ended July 3.  The drop came partly because Six Flags has been steadily hiking ticket prices after offering too many discounts this year, Chief executive Selim Bassoul told analysts on a Thursday earnings call. “So, we only got the discounter or we became a day care center for teenagers,” Bassoul said. “It was a cheap day care center for teenagers during breaks and the summers.” In response, Six Flags has been hiking prices to reduce the numbers of “rowdy teenagers running around,” he added. Videos posted on social media showed young women viciously attacking each other, roofs of cars being trampled on and people smashing windows at the Six Flags in Maryland.CBS News Baltimore The rowdiness has occasionally turned violent. Last month, a teen was arrested for aggravated assault of a police…
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