Sea World’s profits fall $42MILLION below Wall Street’s expectations after devastating Blackfish documentary (USA)

The ocean update

  • Revenue declined 1.5 percent to $405.2 millionand analysts expected $447.7 million
  • SeaWorld shares dropped $8.41, or 30 percent, to $19.74 in midday trading and the stock is down 31 percent this year
  • A documentary last year called Blackfish suggested that the company’s treatment of the killer whales provokes violent behavior from them
  • No human has ever been injured by a killer whale in the wild but they have been killed their trainers when in captivity

Killer whales have never been violent towards humans in the wild but they have in captivity Killer whales have never been violent towards humans in the wild but they have in captivity

August 14th, 2014. Shares of SeaWorld Entertainment Inc. (SEAS) fell Wednesday after the theme park operator reported second-quarter profit and sales that missed Wall Street expectations and cut its outlook for the year.

The Orlando, Florida-based company also said it believes attendance during the period was hurt by negative publicity surrounding its treatment of killer whales, which are trained…

View original post 332 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.