Red Rock Resorts

Red Rock Resorts, Inc. is a holding company engaged in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet spaces, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.

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Red Rock Resorts (RRR) reports record Q4 performance and strategic growth

Red Rock Resorts (RRR) excelled in Q4 2022, demonstrating operational strength, financial resilience, and strategic foresight.
The company's focus on core customers, non-gaming segments, and real estate ownership positions it well for long-term growth and shareholder value.
While facing challenges in ADR competitiveness and capital management, RRR can leverage opportunities in demographic growth, real estate stability, and revenue diversification.

Red Rock Resorts excels in Q1 2023, poised for Las Vegas growth

Red Rock Resorts delivered a strong Q1 2023 performance, showcasing growth in revenue, EBITDA, and key operational segments like hotels and F&B.
The company's financial health, customer-centric approach, and strategic management capabilities are key strengths driving its success.
While facing challenges in debt management and operational costs, Red Rock Resorts is well-positioned to capitalize on opportunities from population shifts and market dynamics in Las Vegas.

Red Rock Resorts excels in Q2, eyes growth through digital innovation

Red Rock Resorts' Q2 performance reflects operational excellence and strategic focus on guest satisfaction and financial efficiency. While managing debt and capital expenditures pose challenges, the company's commitment to growth and innovation positions it well for future success.

Red Rock Resorts reports strong Q3 results amidst operational challenges

Overall, Red Rock Resorts had a strong quarter with some operational challenges.
The company's focus on growth projects and profitability in key segments is notable.
Optimism about the Las Vegas market and upcoming projects is a positive sign.
Engagement with analysts on project progress and market dynamics was transparent.

Red Rock Resorts excels in Q4, eyes growth in Tavern segments

Red Rock Resorts delivered strong financial performance in Q4 2023, with record EBITDA and revenue growth.
The successful opening of Durango Casino Resort and positive customer feedback highlight operational strengths.
Challenges include potential labor cost pressures and the need to balance growth strategies for Tavern segments.
Opportunities lie in expanding market reach, optimizing operational efficiency, and capitalizing on positive booking trends.

Red Rock Resorts reports record Q1 performance and strategic growth

Red Rock Resorts excelled in Q1 2024 with strong financial performance and strategic focus on high-margin properties.
Despite challenges like cannibalization and operational nuances, the company remains resilient and growth-oriented.
Opportunities lie in asset development, value creation, and optimizing operations for sustained success.
The company's commitment to shareholder value and operational excellence sets a positive trajectory for future growth.

Red Rock Resorts excels in Q2 2024, plans expansion and deleveraging

Red Rock Resorts demonstrated strong financial performance and growth in Q2 2024, particularly in Las Vegas and Durango operations.
While facing some challenges like cannibalization and high debt levels, the company is focused on expansion and deleveraging strategies.
Opportunities for growth exist through planned capital spend, expansion projects, and shareholder value enhancement initiatives.

Red Rock Resorts (RRR) reports record-breaking Q3 results and outlines strategic growth plans

Red Rock Resorts (RRR) showcased strong financial performance in Q3 2024, driven by record results in Las Vegas operations and strategic growth initiatives.
Despite challenges in capital spending and market uncertainties, the company's focus on operational discipline and shareholder value creation remains steadfast.
Opportunities for expansion at existing and new properties, coupled with optimism about growth prospects, position Red Rock Resorts for continued success and market leadership.
Transparent communication, strategic clarity, and effective execution will be key in navigating challenges and leveraging opportunities for sustained growth.

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Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the Las Vegas Operations and Native American Management segments. It offers gaming wagers, sales of food, beverage, hotel rooms and other amenities, and agreements to provide management services. The company was founded in 1976 and is headquartered in Las Vegas, NV.

Red Rock Resorts (RRR) continues to focus on initiatives such as streamlining of operations, optimization of marketing initiatives, renegotiating vendor and third-party agreements.

Red Rock Resorts (RRR) Shares Rally 82% YTD: More Room to Run?

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Benzinga's weekly Stock Wars matches up two leaders in a major industry sector, with the goal of allowing readers to decide which company is the better investment. This week, the duel is between a pair of gaming companies: Century Casinos, Inc. (NASDAQ: CNTY) and Red Rock Resorts Inc (NASDAQ: RRR).

Stock Wars: Century Casinos Vs. Red Rock Resorts

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Why Red Rock Resorts (RRR) is a Top Momentum Stock for the Long-Term

Red Rock Resorts' (RRR) second-quarter 2021 performance benefits from the continued rollout of the COVID-19 vaccination program, removal of capacity restrictions and federal stimulus money.

Red Rock Resorts (RRR) Q2 Earnings Top Estimates, Rise Y/Y

Red Rock Resorts, Inc. (RRR) CEO Frank Fertitta on Q2 2021 Results - Earnings Call Transcript

Red Rock Resorts (RRR) delivered earnings and revenue surprises of 250.00% and 15.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Red Rock Resorts (RRR) Beats Q2 Earnings and Revenue Estimates

LAS VEGAS, July 28, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2021. During the second quarter the Company continued to operate its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire Properties, while Palms Casino Resort, Texas Station, Fiesta Rancho and Fiesta Henderson remained closed during the quarter.

Red Rock Resorts Announces Second Quarter 2021 Results

Red Rock Resorts (RRR) is gaining from improving visitation, cost saving initiatives and increased focus on development projects.

Here's Why Red Rock Resorts (RRR) is a Solid Pick for Investors

LAS VEGAS, July 8, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2021 on Wednesday, July 28, 2021 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.

Red Rock Resorts Announces Second Quarter 2021 Conference Call and Earnings Release Date

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In light of major resort and casino destination Las Vegas opening on Thursday a brand new megaresort on the Strip, five resort and casino stocks broadly owned by gurus as of the March-quarter filing are Las Vegas Sands Corp. ( LVS , Financial), MGM Resorts International ( MGM , Financial), Caesars Entertainment Inc. ( CZR , Financial), Red Rock Resorts Inc. ( RRR , Financial) and Wynn Resorts Ltd. ( WYNN , Financial) according to the Aggregated Portfolio of Gurus, a Premium feature of GuruFocus.

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Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?

Why Is Red Rock Resorts (RRR) Up 17.9% Since Last Earnings Report?

Red Rock Resorts (RRR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Red Rock Resorts (RRR) Soars to 52-Week High, Time to Cash Out?

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As of June 1, Las Vegas casinos are back to full capacity with pandemic restrictions on casinos fully lifted in Clark County, NV. The gaming win exceeded the $1B mark for the second straight month and conventions are set to return in force.

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Invest in names like Boyd Gaming (BYD), Red Rock Resorts (RRR), International Game Technology (IGT) and Golden Entertainment (GDEN) as the gambling industry seems ready to make a comeback.

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Red Rock Resorts (RRR) continues to gain from streamlining of operations and cost saving efforts.

Red Rock Resorts (RRR) Stock Surges 62% YTD: Here's Why

Red Rock Resorts (RRR) Hits 52-Week High, Can the Run Continue?

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Suncor Energy (SU), Ally Financial (ALLY), CNH Industrial (CNHI), Freeport-McMoRan (FCX) and Red Rock Resorts (RRR) are five stocks with explosive relative price strength.

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Earnings and the subsequent earnings call show that management has a clear strategy for growth and is dedicated to creating value for shareholders.

Red Rock Resorts: More Bullish After Earnings And Sale Of Palms

Red Rock Resorts' (RRR) CEO Frank Fertitta on Q1 2021 Results - Earnings Call Transcript

Red Rock Resorts (RRR) delivered earnings and revenue surprises of 326.09% and 7.26%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Red Rock Resorts (RRR) Q1 Earnings and Revenues Top Estimates

LAS VEGAS, May 4, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2021. During the first quarter the Company continued to execute on its phased reopening program, and operated its first-to-reopen properties of Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station, together with its Wildfire Properties.

Red Rock Resorts Announces First Quarter 2021 Results

Red Rock Resorts, which includes Station Casinos, is uniquely positioned to capitalize on the loyalty of locals and the influx of new residents to Las Vegas. Throughout the pandemic, management guided the company competently and did not burden shareholders with increased net debt or dilution.

Red Rock Resorts: Rock Solid, Growth Ahead

LAS VEGAS, May 4, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. (NASDAQ: RRR) ("Red Rock" or the "Company") today announced a definitive agreement between its subsidiary Station Casinos LLC and a subsidiary of the San Manuel Band of Mission Indians ("San Manuel") to sell the Palms Casinos Resort for $650 million in cash, subject to customary adjustments.  The transaction is subject to regulatory approvals and other customary closing conditions.

Red Rock Resorts, Inc. Announces Agreement with a San Manuel Band of Mission Indians Subsidiary to Sell the Palms Casino Resort

LAS VEGAS, April 9, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the first quarter 2021 on Tuesday, May 4, 2021 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.

News for Red Rock Resorts Stock (RRR)