CEDAR FAIR L.P. $52 (New York symbol FUN; Income Portfolio, Consumer sector; Units outstanding: 55.8 million; Market cap: $2.9 billion; Price-to-sales ratio: 2.5; Dividend yield: 5.4%; TSINetwork Rating: Average; www.cedarfair.com) lost $1.51 a share in the first quarter of 2014, compared to a loss of $1.95 a year earlier. Cedar Fair typically loses money in the first quarter, as most of its 11 amusement parks and four water parks close during the winter.
Revenue fell 3.2%, to $40.5 million from $41.8 million, as Easter and spring break fell in the second quarter of 2014. However, revenue rose at its Knott’s Berry Farm year-round park in southern California.
Cedar Fair is a hold.