RRR Red Rock Resorts (RRR) Q1 FY26 earnings call
Red Rock Resorts delivered a strong Q1 FY26, marked by record gaming performance and near-record hotel and F&B results, despite temporary construction disruptions and macro headwinds. The company continues to execute its strategic expansion plans at Durango, Sunset Station, and Green Valley Ranch, aiming to capitalize on favorable demographic trends in the Las Vegas locals market. Management remains confident in its long-term growth trajectory and disciplined capital allocation strategy, with April showing strong trends.
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RRR operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Capital expenditures Investment capital | ~$87.2MCapital spend in the quarter was $117.2 million which includes approximately $87.2 million in investment capital as well as $30 million in maintenance capital.Source: earnings call transcript | ~$94.4MCapital spend in the quarter was $139.8 million, which includes approximately $94.4 million in investment capital as well as $45.4 million in maintenance capital.Source: earnings call transcript | — |
| Capital expenditures Maintenance capital | $30MCapital spend in the quarter was $117.2 million which includes approximately $87.2 million in investment capital as well as $30 million in maintenance capital.Source: earnings call transcript | $45.4MCapital spend in the quarter was $139.8 million, which includes approximately $94.4 million in investment capital as well as $45.4 million in maintenance capital.Source: earnings call transcript | +51.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.