August weighted average occupancy increased 30 basis points sequentially to 78.9%, which is a new high since the start of the recovery in March 2021. Month end occupancy surpassed 80.0% with August closing at 80.4%. Versus the prior year, weighted average occupancy increased 130 basis points in August and 140 basis points third quarter-to-date when compared to the comparable 2023 periods. About Brookdale Senior Living Brookdale Senior Living Inc. is the nation's premier operator of senior living communities ...

Brookdale Senior Living Inc.'s (BKD) shares have declined 7% since it reported weak second-quarter 2024 results on Aug 8, 2024, after the closing bell. An elevated expense level and declining interest income affected its profits. The negatives were partially offset by the growing occupancy rate and Revenue per available unit ("RevPAR"). BKD incurred a second-quarter adjusted loss of 17 cents per share, wider than the Zacks Consensus Estimate of a loss of 13 cents per share and the year-ago quarter's loss of ...

I I F ■ F Matteo Colombo Investment Update Brookdale Senior Living, Inc. (NYSE:NYSE:BKD) operates a network of 652 senior living communities spread across 41 states. The company provides senior and aged care residential services to ~59,000 residents. Since my last publication on BKD in August last year, the stock has rallied 74% to the upside. I reiterated the business hold then based on numerous factors, namely: The economic realities of the company's growth weren't investment-grade in my view. It is a cap ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-32641 BROOKDALE SENIOR LIVING INC. (Exact name of registrant as specified in its charter) Delaware 20-3068069 (S ...

| --- | --- | --- | --- | --- | |-----------------|-------|-----------------------|-------|----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | E SENIOR LIVING | | Investor Presentation | | August 8, 2024 | Forward-Looking Statements – Safe Harbor Certain statements in this Investor Presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-lookin ...

Brookdale Senior Living Inc. (NYSE:BKD) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants Jessica Hazel – Head-Investor Relations Cindy Baier – President and Chief Executive Officer Dawn Kussow – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin – Nephron Research Tao Qiu – Macquarie Joanna Gajuk – Bank of America Ben Hendrix – RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the Brookdale Secon ...

Exhibit 99.1 Brookdale Announces Second Quarter 2024 Results Nashville, Tenn., August 8, 2024 - Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended June 30, 2024. HIGHLIGHTS • Second quarter consolidated revenue per available unit (RevPAR) increased 6.4% over the prior year quarter. • Second quarter consolidated weighted average occupancy grew 160 basis points over the prior year quarter representing a continuation of better than pre-pandemic growt ...

Core Insights - Brookdale Senior Living Inc. reported a 6.4% increase in consolidated revenue per available unit (RevPAR) for Q2 2024 compared to the same quarter last year, indicating a positive trend in occupancy and revenue growth [2][4] - The company achieved a 160 basis point increase in weighted average occupancy year-over-year, reflecting a recovery trajectory that surpasses pre-pandemic levels [2][4] - Leadership retention and associate turnover showed significant improvement, contributing to the company's operational stability and growth [2][3] Financial Performance - Resident fees for Q2 2024 reached $739.7 million, up from $710.2 million in Q2 2023, marking a 4.2% increase [4][23] - Facility operating expenses increased to $537.5 million in Q2 2024 from $531.1 million in Q2 2023, a rise of 1.2% [4][23] - Adjusted EBITDA for Q2 2024 was $97.8 million, a 20.2% increase from $81.4 million in Q2 2023 [4][23] Occupancy and Revenue Metrics - The same community operating margin increased by 160 basis points year-over-year, driven by a 6.0% revenue growth and a 3.6% increase in facility operating expenses [2][5] - RevPAR for Q2 2024 was $4,835, up from $4,544 in Q2 2023, reflecting a 6.4% increase [4][5] - Weighted average occupancy for Q2 2024 was 78.1%, compared to 76.5% in Q2 2023, indicating a recovery in occupancy rates [4][5] Liquidity and Cash Flow - Total liquidity as of June 30, 2024, was $345.8 million, consisting of $290.0 million in unrestricted cash and cash equivalents, $19.7 million in marketable securities, and $36.1 million available on the secured credit facility [7][10] - Net cash provided by operating activities for Q2 2024 was $55.7 million, a decrease from $63.8 million in Q2 2023 [10][7] - Adjusted Free Cash Flow for Q2 2024 was $(5.5) million, an improvement from $(7.5) million in Q2 2023 [8][10] Future Guidance - For Q3 2024, the company expects RevPAR year-over-year growth between 6.25% and 6.75% [8] - Adjusted EBITDA guidance for Q3 2024 is projected to be between $90 million and $95 million [8][12] Transaction Update - The company amended its master lease with Omega Healthcare Investors, allowing for up to $80 million in capital expenditure funding through December 31, 2037, with specific terms regarding rent adjustments [11]

NASHVILLE, Tenn., July 25, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) plans to release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024. The Company also plans to discuss the results on a conference call scheduled for Friday, August 9, 2024, at 9:00 a.m. (ET). brookdaleinvestors.com Call Within US: +1 (833) 470-1428 Call Outside US: +1 (929) 526-1599 Reference: Access Code 007240 For those who cannot listen to the live call, a replay of the web ...

Brookdale Senior Living Inc. (BKD) recently announced that its June 2024 weighted average occupancy grew 140 basis points (bps) from the year-ago level to 78.2%, thanks to greater than pre-pandemic average move-in volumes and lower move-outs. The weighted average occupancy for the second quarter increased 160 bps year over year, reaching 78.1%. This marks a great start to the year, along with a similar 160 bps year-over-year increase to 77.9% in the first quarter. This positive trend is expected to persist, ...