Latest news with #GoldenEntertainment
Yahoo
16-07-2025
- Business
- Yahoo
Golden Entertainment to Report 2025 Second Quarter Results on August 7 and Host Conference Call and Webcast
LAS VEGAS, July 16, 2025--(BUSINESS WIRE)--Golden Entertainment, Inc. (NASDAQ:GDEN) ("Golden Entertainment" or the "Company") announced today that it will release its 2025 second quarter financial results after the market closes on Thursday, August 7, 2025, and host a conference call and simultaneous webcast at 5:00 pm ET (2:00 pm PT) that day. Both the call and webcast are open to the general public. Conference Call Information The conference call may be accessed live over the phone by dialing (800) 715-9871 or for international callers by dialing (646) 307-1963; the conference ID is 5455274. A replay will be available beginning at 7:00 pm ET that day and may be accessed by dialing (800) 770-2030 or (609) 800-9909 for international callers; the passcode is 5455274#. The telephone replay will be available until August 14, 2025. The call will also be webcast live through the "Conference Calls" section of the Company's website, A replay of the audio webcast will become available under the same link on the Company's website beginning at 7:00 pm ET. About Golden Entertainment Golden Entertainment operates a diversified entertainment platform of gaming and hospitality assets. The Company operates eight casinos and 72 gaming taverns in Nevada, featuring approximately 5,500 slots, 100 table games and 6,000 hotel rooms. For more information, visit View source version on Contacts Investors Charles H. ProtellPresident and Chief Financial Officer(702) 893-7777 James AdamsVP Corporate Finance and Treasurer(702) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
16-07-2025
- Business
- Business Wire
Golden Entertainment to Report 2025 Second Quarter Results on August 7 and Host Conference Call and Webcast
LAS VEGAS--(BUSINESS WIRE)--Golden Entertainment, Inc. (NASDAQ:GDEN) ('Golden Entertainment' or the 'Company') announced today that it will release its 2025 second quarter financial results after the market closes on Thursday, August 7, 2025, and host a conference call and simultaneous webcast at 5:00 pm ET (2:00 pm PT) that day. Both the call and webcast are open to the general public. Conference Call Information The conference call may be accessed live over the phone by dialing (800) 715-9871 or for international callers by dialing (646) 307-1963; the conference ID is 5455274. A replay will be available beginning at 7:00 pm ET that day and may be accessed by dialing (800) 770-2030 or (609) 800-9909 for international callers; the passcode is 5455274#. The telephone replay will be available until August 14, 2025. The call will also be webcast live through the ' Conference Calls ' section of the Company's website, A replay of the audio webcast will become available under the same link on the Company's website beginning at 7:00 pm ET. About Golden Entertainment Golden Entertainment operates a diversified entertainment platform of gaming and hospitality assets. The Company operates eight casinos and 72 gaming taverns in Nevada, featuring approximately 5,500 slots, 100 table games and 6,000 hotel rooms. For more information, visit
Yahoo
10-06-2025
- Business
- Yahoo
GDEN Q1 Earnings Call: Management Prioritizes Share Buybacks Amid Revenue Miss and Market Uncertainty
Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 7.6% year on year to $160.8 million. Its GAAP profit of $0.09 per share was 27.5% below analysts' consensus estimates. Is now the time to buy GDEN? Find out in our full research report (it's free). Revenue: $160.8 million vs analyst estimates of $164.2 million (7.6% year-on-year decline, 2.1% miss) EPS (GAAP): $0.09 vs analyst expectations of $0.12 (27.5% miss) Adjusted EBITDA: $37.58 million vs analyst estimates of $37.17 million (23.4% margin, 1.1% beat) Operating Margin: 6.9%, down from 46% in the same quarter last year Market Capitalization: $725.6 million Golden Entertainment's first quarter results were shaped primarily by the absence of last year's Super Bowl in Las Vegas, which management said caused a notable drop in occupancy and guest spending at The Strat property. CEO Blake Sartini and CFO Charles Protell pointed to stable or improving trends at the company's other casinos and highlighted operational efficiencies in the Nevada locals' segment, where expense management and focused promotions helped offset broader market pressures. Protell specifically noted, 'Our business in Q1 was healthy with EBITDA from our other casinos up year-over-year and EBITDA from our tavern stabilizing.' Despite some short-term headwinds in the tavern segment, both executives underscored the company's resilience and ability to navigate a challenging demand environment. Looking ahead, Golden Entertainment's leadership is focused on leveraging its low leverage, liquidity, and real estate assets to manage through macroeconomic uncertainty and prioritize shareholder returns. Management signaled a continued disciplined approach to capital allocation, stating, 'There is no better use for our capital than repurchasing our own equity at these levels.' The company is also preparing for a new food and beverage concept at The Strat and ongoing revenue share from adjacent projects like Atomic Golf. Although executives see improving occupancy and room rates at The Strat in the near term, they remain cautious about visibility beyond the next few months, citing limited convention business and evolving market trends. Sartini emphasized, 'We have limited visibility beyond the next few months,' reflecting the ongoing uncertainty in forecasting demand. Golden Entertainment attributed the quarter's performance to event-driven variability, expense discipline, and targeted capital deployment. Management discussed external event impacts, evolving consumer behavior, and ongoing portfolio optimization. Event-driven Strat weakness: The absence of the Las Vegas Super Bowl led to lower occupancy and guest spending at The Strat, with management estimating a $3 million EBITDA headwind concentrated in February. Stable locals' casino performance: Nevada locals' casinos delivered flat revenue but higher EBITDA, driven by labor rightsizing, menu streamlining, and declining utility costs. Management highlighted the loyal local customer base and minimal macroeconomic impact on this segment. Tavern market competition: Increased promotional activity from smaller, private tavern operators led to some near-term pressure, though Golden's management believes these tactics are not sustainable. CEO Sartini noted that the company's disciplined approach and scale should help weather short-term disruptions. Capital allocation focus: With limited attractive M&A opportunities, the company prioritized share repurchases, using $7.6 million for buybacks in Q1. Management emphasized that current market conditions make repurchasing shares a better use of capital than expansion via acquisition. Operational adjustments and partnerships: The company is adding a nationally recognized food and beverage concept to The Strat and has begun receiving revenue share from the neighboring Atomic Golf project, aiming to enhance property value without significant capital outlay. Golden Entertainment expects future performance to hinge on disciplined capital management, property-level enhancements, and resilience in its core Nevada markets amid ongoing industry uncertainty. Focus on share repurchases: Management is prioritizing buybacks over acquisitions, citing limited attractive M&A targets and a belief that repurchasing stock at current valuations offers the best return for shareholders. This strategy will continue unless market conditions or asset values shift substantially. Strat property initiatives: The upcoming launch of a national food and beverage partner at The Strat and growing revenue share from Atomic Golf are expected to support property-level EBITDA and broaden the property's appeal, especially as management works to reduce reliance on online travel agencies (OTAs) for bookings. Market and competitive risks: Leadership remains cautious about competitive promotional activity in the tavern segment and limited near-term visibility for The Strat's midweek bookings. While local casinos are showing operational efficiency, management acknowledges that broader economic pressures could still affect discretionary consumer spending. In upcoming quarters, the StockStory team will be monitoring (1) the ramp-up and guest response to new food and beverage offerings at The Strat, (2) the continued stabilization and margin performance of the tavern segment amid evolving competition, and (3) execution of share buybacks as the primary capital allocation strategy. We will also track how management adapts to changing event calendars and macroeconomic signals in the Nevada gaming market. Golden Entertainment currently trades at a forward EV-to-EBITDA ratio of 4.8×. At this valuation, is it a buy or sell post earnings? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Golden Entertainment's (NASDAQ:GDEN) Soft Earnings Don't Show The Whole Picture
Golden Entertainment, Inc.'s (NASDAQ:GDEN) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed strength. We think that investors might be looking at some positive factors beyond the earnings numbers. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To properly understand Golden Entertainment's profit results, we need to consider the US$7.1m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Golden Entertainment to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Just as we noted the unusual items, we must inform you that Golden Entertainment received a tax benefit which contributed US$4.4m to the bottom line. It's always a bit noteworthy when a company is paid by the tax man, rather than paying the tax man. Of course, prima facie it's great to receive a tax benefit. However, the devil in the detail is that these kind of benefits only impact in the year they are booked, and are often one-off in nature. In the likely event the tax benefit is not repeated, we'd expect to see its statutory profit levels drop, at least in the absence of strong growth. So while we think it's great to receive a tax benefit, it does tend to imply an increased risk that the statutory profit overstates the sustainable earnings power of the business. In its last report Golden Entertainment received a tax benefit which might make its profit look better than it really is on a underlying level. Having said that, it also had a unusual item reducing its profit. Based on these factors, it's hard to tell if Golden Entertainment's profits are a reasonable reflection of its underlying profitability. If you'd like to know more about Golden Entertainment as a business, it's important to be aware of any risks it's facing. Our analysis shows 5 warning signs for Golden Entertainment (1 is potentially serious!) and we strongly recommend you look at them before investing. In this article we've looked at a number of factors that can impair the utility of profit numbers, as a guide to a business. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Golden Entertainment (NASDAQ:GDEN) Misses Q1 Sales Targets
Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 7.6% year on year to $160.8 million. Its GAAP profit of $0.09 per share was 27.5% below analysts' consensus estimates. Is now the time to buy Golden Entertainment? Find out in our full research report. Revenue: $160.8 million vs analyst estimates of $164.2 million (7.6% year-on-year decline, 2.1% miss) EPS (GAAP): $0.09 vs analyst expectations of $0.12 (27.5% miss) Adjusted EBITDA: $37.58 million vs analyst estimates of $37.17 million (23.4% margin, 1.1% beat) Operating Margin: 6.9%, down from 46% in the same quarter last year Market Capitalization: $685.7 million Blake Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, 'Our focus on customer experience and operational efficiencies allowed us to generate strong financial performance despite uncertain macroeconomic conditions. Our business remains resilient and we intend to continue to opportunistically repurchase our common stock under our current buyback authorization.' Founded in 2001, Golden Entertainment (NASDAQ:GDEN) is a gaming company operating casinos, taverns, and distributed gaming platforms. A company's long-term sales performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Golden Entertainment's demand was weak over the last five years as its sales fell at a 7% annual rate. This wasn't a great result and is a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. Golden Entertainment's recent performance shows its demand remained suppressed as its revenue has declined by 23.8% annually over the last two years. Note that COVID hurt Golden Entertainment's business in 2020 and part of 2021, and it bounced back in a big way thereafter. This quarter, Golden Entertainment missed Wall Street's estimates and reported a rather uninspiring 7.6% year-on-year revenue decline, generating $160.8 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 3.4% over the next 12 months. While this projection implies its newer products and services will spur better top-line performance, it is still below the sector average. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. Golden Entertainment's operating margin has been trending down over the last 12 months, but it still averaged 30.6% over the last two years, elite for a consumer discretionary business. This shows it's an well-run company with an efficient cost structure. This quarter, Golden Entertainment generated an operating profit margin of 6.9%, down 39.2 percentage points year on year. This contraction shows it was less efficient because its expenses increased relative to its revenue. Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Golden Entertainment's full-year EPS flipped from negative to positive over the last five years. This is encouraging and shows it's at a critical moment in its life. In Q1, Golden Entertainment reported EPS at $0.09, down from $1.37 in the same quarter last year. This print missed analysts' estimates, but we care more about long-term EPS growth than short-term movements. Over the next 12 months, Wall Street expects Golden Entertainment's full-year EPS of $0.39 to grow 110%. We struggled to find many positives in these results. Its EPS missed significantly and its revenue fell short of Wall Street's estimates. Overall, this was a weaker quarter. The stock remained flat at $25.90 immediately after reporting. Golden Entertainment's latest earnings report disappointed. One quarter doesn't define a company's quality, so let's explore whether the stock is a buy at the current price. What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free.
