First-Quarter Loss Narrows for Six Flags

Six Flags Inc., owner of 38 amusement parks in North America and Europe, said its fiscal first-quarter loss narrowed as costs rose less than sales and the company’s properties had more visitors.

The loss narrowed to $113.7million, or $1.23 a share, from $140.6million, or $1.76, a year ago, Six Flags said. Sales rose 40% to $49.3million.

Six Flags shares rose 64 cents to $17.57 on the NYSE.