Red Rock Resorts, Inc. (RRR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to Red Rock Resorts' second quarter 2026 conference call. All participants will be in a listen-only mode. Please note this conference is being recorded. I would now like to turn the conference over to Stephen Cootey, Executive Vice President, Chief Financial Officer, and Treasurer of Red Rock Resorts. Please go ahead. Thank you, operator, and good afternoon, everyone. Thank you for joining us today for Red Rock Resorts' second quarter 2026 earnings conference call. Joining me on the call today are Frank and Lorenzo Fertitta, Scott Kreeger, and our executive management team. I'd like to remind everyone that our call today will include forward-looking statements under the Safe Harbor provisions of the United States federal securities laws. Developments and results may differ from those projected. During the call, we will also discuss non-GAAP financial measures. For definitions and complete reconciliation for these figures to GAAP, please refer to the financial tables and our earnings press release, Form 8K, and investor deck, which are filed this afternoon prior to the call. Also, please note that this call is being recorded. Before we begin discussing our second quarter results, I'd like to take a moment to recognize an important milestone for our company. On July 4th, Station Casinos officially kicked off celebrating Our 50th anniversary at Palace Station, the property where our story began. Throughout the summer, we are celebrating the history of our company, our incredible team members, our loyal customers, and the Las Vegas community. As part of this celebration, we will incur approximately $8 million in one-time anniversary and brand marketing expense, which will be reflected in our third quarter corporate expense. We view this as an ...