United Parks & Resorts Inc 2025年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period endedMarch 31,2025or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 United Parks & Resorts Inc. (Exact name of registrant as specified in its charter) Delaware(State or other jurisdiction ofincorporation or organization)6240 Sea Harbor DriveOrlando,Florida Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The registrant had outstanding54,974,409shares of Common Stock, par value $0.01 per share as of May 7, 2025. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS PART I.FINANCIAL INFORMATION SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to historical information, this Quarterly Report on Form 10-Q may contain “forward-looking statements” within themeaning of the federal securities laws. All statements, other than statements of historical facts, including statements concerning ourplans, objectives, goals, beliefs, business strategies, future events, business conditions, our results of operations, financial positionand our business outlook, business trends and other information, may be forward-looking statements. Words such as “might,”“will,” “may,” “should,” “estimates,” “expects,” “continues,” “contemplates,” “anticipates,” “projects,” “plans,” “potential,”“predicts,” “intends,” “believes,” “forecasts,” “future,” “targeted,” “goal” and variations of such words or similar expressions areintended to identify forward-looking statements. The forward-looking statements are not historical facts, and are based upon our There are a number of risks, uncertainties and other important factors, many of which are beyond our control, that could cause ouractual results to differ materially from the forward-looking statements contained in this Quarterly Report on Form 10-Q. Such risks,uncertainties and other important factors that could cause actual results to differ materially include, among others, the risks,uncertainties and factors set forth under “Part I, Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K for theyear ended December 31, 2024 (the “Annual Report on Form 10-K”), filed with the Securities and Exchange Commission (the“SEC”), and under “Part II, Item 1A., Risk Factors” in this Quarterly Report on Form 10-Q, as such risk factors may be updated •various factors beyond our control adversely affecting attendance and guest spending at our theme parks, including, but notlimited to, weather, natural disasters, labor shortages, inflationary pressures, supply chain delays or shortages, foreignexchange rates, consumer confidence, the potential spread of travel-related health concerns including pandemics and •failure to retain and/or hire employees; •a decline in discretionary consumer spending or consumer confidence, including any unfavorable impacts from FederalReserve interest rate actions and inflation which may influence discretionary spending, unemployment or the overall •the ability of Hill Path Capital LP and its affiliates to significantly influence our decisions and their interests may conflictwith ours or yours in the future; •increased labor costs, including minimum wage increases, and employee health and welfare benefit costs;•complex federal and state regulations governing the treatment of animals, which can change, and claims and lawsuits by activist groups before government regulators and in the courts; •activist and other third-party groups and/or media can pressure governmental agencies, vendors, partners, guests and/orregulators, bring action in the courts or create negative publicity about us; •incidents or adverse publicity concerning our theme parks, the theme park industry and/or zoological facilities; •a significant portion of our revenues ha