Florida - Universal’s theme parks experienced an 11% revenue decline in Q2 2024, earning $1.98 billion compared to $2.2 billion last year.
Lower attendance in U.S. parks and adverse foreign currency effects contributed to this decrease.
Adjusted EBITDA dropped by 24.1%, from $833 million to $632 million.
The normalization post-pandemic and increased competition from other travel options were significant factors.
Despite the dip, Universal remains positive about future prospects, especially with the upcoming Epic Universe park in Florida.
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