Cedar Fair’s net revenues declined $14 million and attendance dropped 400,000 during the first quarter of 2023 when Knott’s Berry Farm was the company’s only theme park operating on a daily basis.…
Knott’s Berry Farm closed 10 times during January, February and March due to bad weather.
Knott’s is Cedar Fair’s only year-round park and is responsible for the bulk of the company’s first quarter operating days and revenues during the winter. A few Cedar Fair parks like Carowinds, Kings Dominion, Kings Island and Canada’s Wonderland offer WinterFest events late in the year with holiday dates that occasionally creep into early January.Knott’s parent company Cedar Fair blamed the slow financial start in 2023 on bad weather, according to the company’s latest investor presentation.
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