Macerich Company (The) (MAC) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.717 Good day and welcome to the first quarter of 2026 00:00:03.717 -- 00:00:08.504 Mace Rich earnings conference call. All participants will be in a listen only mode. 00:00:08.504 -- 00:00:12.250 Should you need assistance, please signal conference specialist by pressing the star 00:00:12.250 -- 00:00:17.017 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:17.017 -- 00:00:22.626 questions. To ask a question, you may press star then one on your touch tone phone. 00:00:22.626 -- 00:00:26.532 And to withdraw your question, please press star then two. 00:00:26.532 -- 00:00:30.314 Please note this event is being recorded I would now like to turn the conference over 00:00:30.314 -- 00:00:35.863 to Ms. Alexandra Johnstone, Vice President of Finance and Investor Relations. 00:00:35.863 -- 00:00:37.866 Please go ahead, ma'am. 00:00:37.866 -- 00:00:42.754 Thank you for joining us on our first quarter 2026 earnings call. 00:00:42.754 -- 00:00:47.080 During this call, we will make certain statements that may be deemed forward-looking 00:00:47.080 -- 00:00:52.268 within the meaning of the safe harbor of the Private Securities Litigation Reform Act 00:00:52.268 -- 00:00:54.552 of 1995, including 00:00:54.552 -- 00:00:59.715 statements regarding projections, plans, or future expectations. 00:00:59.715 -- 00:01:05.542 Actual results may differ materially due to a variety of risks and uncertainties 00:01:05.542 -- 00:01:12.127 set forth in today's earnings results and supplemental and our SEC filings. 00:01:12.329 -- 00:01:17.335 Reconciliations of non-GAAP financial measures to the most directly 00:01:17.335 -- 00:01:22.461 comparable GAAP measures are included in the supplemental filed on Form 00:01:22.461 -...