richard zimmerman joins us next. this is bloomberg. ♪ this is bloomberg. ♪ matt: this is "bloomberg markets," i am matt miller. amusement park operator cedar fire reported earnings today after have for -- having no operating days in the first quarter due to the pandemic. clearly it was difficult. joining us to discuss the optimism ahead in reopening is the cedar fair president and ceo, richard zimmerman. thank you for joining us. i grew up sailing boats out of cedar point, so writing the gemini, the corkscrew was always the highlight of my summer. then, when we could get down to kings island in cincinnati, that was an absolute dream. are these parks going to reopen and get back to full capacity anytime soon? richard: first, great took be with you -- great to be with you. as we set on our call, we are looking to reopening all of our places in the month of may. all of our associates, it's great to have guests to come through. in 2020, we missed the pandemic where we had 10 properties open in some form or fashion. we an

joining us now is richard zimmerman, president and ceo of cedar fair, which owns a lot of popular brandsichard, do you presell tickets for the opening? do you have any sense of what demand is going to be like when you reopen >> we do, sara it's great to be with you. thanks forring of me on. we expected to see strong pent-up demand we're seeing that in spades. we're going to open all of our u.s. parks during the month of may. as we've opened up we've seen strong sales of what we call our leading indicators, season passes, one-day tickets and we've got over 2,300 hotel rooms, reservations as well. >> with this really fast opening and this surge of demand, we've been talking to a number of ceos across different industries, restaurants yesterday, cruises, about getting the staff they need to get employees up and running. have you had any trouble doing that are you seeing any shortages there? >> you know, sara, this is probably the most challenging labor market i've seen in almost 20 years so certainly we've had a challenge on the availability front. we've quickly ramped up our recruiting eff

that stock up 17% year-to-date, although off its highs for the year richard zimmerman joins us 20e78.cedar point. >>> we are getting more earnings to tell you about. american eagle, williams sanoma out with the results courtney reagan. >> i was a big fan of kings island, too, sara. >>> american eagle first quarter earnings coming in 2 cents above analyst estimates, revenue slightly stronger than expected. they are comparing everything here to the first quarter of 2019 not year over year 2020. so the revenue increased 89%, still the stand out. american eagle revenue increased just slightly. the total digital revenue, it looks like, increased 57%. store revenue overall was flat the u.s. stores did increase, but they did not give a number gross margin about expand, like others they're talking about higher margins due to fuller price sales and lower promotions and then you can see the shares are bouncing around after hours, but are down about 2%. let's move on to williams sa money nome ma first quarter, also on earnings and revenue an earnings beat of 2.89 adjusted compared to $1.83 estim