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RRR News and Press, Red Rock Resorts Inc. From 08/20/22

Stock Information

Company Name: Red Rock Resorts Inc.
Stock Symbol: RRR
Market: NASDAQ
Website: redrockresorts.com

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RRR - Las Vegas casino stocks are called good bets to ride out economic downturn

Macquarie Research thinks casinos in Las Vegas are in better shape to handle an economic downturn than they have been in the past due to leaner cost structures and tight supply in the market. Analyst Chad Beynon and team also pointed to strong pent-up demand for work travel and conferen...

RRR - Cruise, casino stocks lead declines in down day for consumer discretionary stocks

Casino and cruise line stocks were among the biggest losers in the S&P amid a pullback for consumer discretionary stocks. A pullback in consumer-facing stocks on Wednesday followed a slightly soft U.S. retail sales report , which was  flat from the previous mont...

RRR - Baron Partners Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Partners Fund (the “Fund”) declined 30.55% (Institutional Shares) in the period. Due to a combina...

RRR - Baron Focused Growth Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Focused Growth Fund (the “Fund”) declined 19.91% (Institutional Shares) in the quarter ended June 30,...

RRR - Baron Real Estate Income Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Income Fund (the “Fund”) declined 18.43% (Institutional Shares) in the second quarter of ...

RRR - Baron Real Estate Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Fund (the “Fund”) declined 20.62% (Institutional Shares) in the second quarter of 2022. ...

RRR - Baron Small Cap Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Small Cap Fund was down 18.60% (Institutional Shares) in the second quarter 2022. The economy is slowing, as we...

RRR - Baron Growth Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Growth Fund declined 18.69% (Institutional Shares) during the quarter ended June 30, 2022. We think that the co...

RRR - Red Rock Resorts falls on reduced Q2 results

Red Rock Resorts ( RRR ) fell ~8% pre-market on reduced Y/Y Q2 earnings. Q2 GAAP EPS of $0.26 (vs. $1.12 Y/Y) misses by $0.28, while revenue of $422.2M (-1.4% Y/Y) beats by $17.81M. Net income fell to $32.44M from the year-ago $143.35M. Adjusted EBITDA stood at...

RRR - Red Rock Resorts declares $0.25 dividend

Red Rock Resorts ( NASDAQ: RRR ) declared $0.25/share quarterly dividend , in line with previous. Forward yield 2.48% Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept. 14. See RRR Dividend Scorecard, Yield Chart, & Dividend Growth. ...

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