RRR Red Rock Resorts (RRR) Q2 FY26 earnings call
Red Rock Resorts demonstrated resilience in Q2 FY26 with strong Las Vegas operations and continued success at Durango, despite facing tough year-ago comparisons and temporary construction disruptions. The company is actively investing in property enhancements and expansion projects, including Durango North and renovations at Sunset Station and Green Valley Ranch, while maintaining a disciplined capital allocation strategy and returning capital to shareholders. The North Fork project is on track for an early Q4 2026 opening.
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RRR operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call 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.