By AJ Vicens Feb 24 (Reuters) - Wynn Resorts on Tuesday said hackers had obtained employee ‌data and that the company was investigating ‌the breach. Michael Weaver, Wynn's chief communications officer, said in an ​email Tuesday that the company learned that "an unauthorized third party acquired certain employee data," and that the company launched an investigation and brought in ‌external cybersecurity experts. "The ⁠unauthorized third party has stated that the stolen data has been deleted," Weaver ⁠s ...

Wynn Resorts says hackers acquired employee data | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Company logos are displayed at Wynn Macau resort in Macau, China February 8, 2018. REUTERS/Bobby Yip [Purchase Licensing Rights, opens new tab]Feb 24 (Reuters) - Wynn Resorts on Tuesday said hackers had obtained employee data and that the company was investigating the breach.Sign up [here.]Reporting by AJ Vicens in Detroit.Our Standards ...

UBS lowered the firm’s price target on Wynn Resorts (WYNN) to $146 from $148 and keeps a Buy rating on the shares. Wynn Resorts is transitioning from a development-focused story to one centered on free cash flow generation, with geographically diversified cash flow set to rise after the Al Marjan opening in 1Q27, the analyst tells investors in a research note. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks ...

LONDON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Preferred Hotels & Resorts is pleased to announce the addition of Wynn Al Marjan Island to its prestigious Legend Collection, marking a significant milestone ahead of the resort’s highly anticipated opening in Spring 2027. Located less than 50 miles from Dubai International Airport in the Emirate of Ras Al Khaimah, the US$5.1 billion development represents one of the most ambitious luxury hospitality projects in the Middle East and will introduce a new benchmark for ...

Wynn Resorts Limited (NASDAQ:WYNN) is one of the 14 Best Consumer Discretionary Stocks to Buy Right Now. Wells Fargo analyst Trey Bowers, on February 13, trimmed its target price on Wynn Resorts by 3.3% to $147 (from $152), but retained its Overweight call on the stock. The firm attributed its decision to reduce the target price to weaker-than-expected hold levels across all of Wynn Resorts’ major regions. This caused the company’s EBITDA, which would have been inline otherwise, to miss Wells Fargo’s esti ...

Core Insights - Wynn Resorts reported mixed Q4 results, with steady revenues but weaker performance in Las Vegas and Boston markets [1] Financial Performance - Revenues remained stable, indicating resilience despite challenges in specific locations [1] - The performance in Las Vegas and Boston showed signs of softness, which may impact future growth prospects [1]

WYNN RESORTS AND CHEF'S TABLE ANNOUNCE GLOBAL PARTNERSHIP WITH CULINARY PROGRAMMING DEBUTING THIS FALL [Accessibility Statement] Skip Navigation--Wynn Resorts Logo (PRNewsfoto/Wynn Resorts)Chef's Table logoCompany kicks off a significant collaboration with the award- winning culinary brand, and features an array of food and beverage events featuring the industry's brightest starsLAS VEGAS, Feb. 17, 2026 /PRNewswire/ -- Wynn Resorts (Nasdaq: WYNN) and Chef's Table, the brand behind the award-winning Netflix ...

Core Insights - The company reported a slight increase in total revenue for FY2025, with total revenue reaching $7.138 billion, a year-on-year growth of 0.14% [2] - Net profit faced pressure but exceeded expectations, with a total net profit of $327 million, down 34.67% year-on-year, and a fourth-quarter net profit of $100 million, down 63.89% year-on-year [2] - Adjusted earnings per share were $2.42, significantly higher than the market expectation of $1.33, indicating core earnings resilience [2] Operational Performance - Gross margin remained stable at 32.73% for the year, with a fourth-quarter gross margin of 31.96%, reflecting effective cost control [3] - Operating profit margin improved to 16.21% for the year, with a fourth-quarter margin of 15.51%, benefiting from a recovery in high-end customer demand and operational efficiency optimization [3] Financial Condition - Free cash flow improved, with quarterly free cash flow at $172 million as of September 30, 2025, and a current ratio of 1.76 indicating enhanced ability to cover short-term debt [4] - The company returned capital to shareholders with a dividend of $1 per share, resulting in a payout ratio of 31.85%, attracting allocation funds in the current interest rate environment [4] Business Developments - Macau operations showed signs of recovery, with the Wynn Palace hotel reporting a fourth-quarter operating revenue growth of 7.4% to $563 million, offsetting a 5.8% decline in Wynn China revenue [5] - The recovery in Macau gaming gross revenue continues to support long-term growth expectations [5] - The UAE project is progressing, with the Ras Al Khaimah integrated resort set to open in 2027 and entering a critical construction phase in 2026, injecting potential for long-term growth [5] Institutional Perspectives - Institutional views are mixed, with firms like UBS noting short-term pressure on Macau business EBITDA but optimistic about the recovery in high-end mid-market demand and the valuation flexibility brought by new projects [6]

Core Insights - Wynn Resorts, Limited (WYNN) reported mixed fourth-quarter 2025 results, with earnings missing estimates while revenues exceeded expectations [1][3][9] Financial Performance - Adjusted earnings per share (EPS) for the quarter was $1.17, below the Zacks Consensus Estimate of $1.33, and down from $2.42 in the prior-year quarter [3][9] - Quarterly operating revenues reached $1.87 billion, surpassing the consensus mark by 0.7% and reflecting a year-over-year increase of 1.5% [3][9] Operational Highlights - Wynn Resorts experienced steady performance in key markets, particularly in Las Vegas and Macau, with Las Vegas showing EBITDA growth due to higher average daily rates and solid casino volumes [2][9] - Macau operations benefited from increased VIP turnover and mass table drop, contributing to improved property performance [9] Segment Performance - Wynn Palace's operating revenues were $596.4 million, up 5.9% year over year, but adjusted property EBITDAR decreased by 11.4% to $163.5 million [4] - Wynn Macau's operating revenues were $371.3 million, a 2.1% increase year over year, with adjusted property EBITDAR slightly down by 0.7% [6] - Las Vegas operations reported revenues of $688.1 million, down 1.6% year over year, with adjusted property EBITDAR decreasing by 10% [8] - Encore Boston Harbor's operating revenues were $210.2 million, down 1.2% year over year, with adjusted property EBITDAR falling by 3.1% [10] Cash and Debt Position - As of December 31, 2025, Wynn Resorts had cash and cash equivalents totaling $1.46 billion, a slight decrease from $1.49 billion in the prior quarter [12] - Total outstanding debt at the end of the fourth quarter amounted to $10.55 billion, including significant Macau-related debt [12] Overall Assessment - The adjusted property EBITDAR for the quarter totaled $568.8 million, down from $619.1 million in the prior-year quarter, with EBITDAR margin contracting to 30.5% from 33.7% [11]

Core Insights - Wynn Resorts reported healthy demand with increases in drop, handle, and average daily rate (ADR) year-over-year, although RevPAR was slightly below last year due to a strategy prioritizing rate over occupancy [1] - The company emphasized a focus on high-value customers and luxury assets across multiple geographies, positioning itself to benefit from geopolitical and economic shifts [3] - Wynn Al Marjan Island project is progressing well, with significant equity contributions and a strong liquidity position, ending the year with $4.7 billion in cash availability [5][18] Financial Performance - In Las Vegas, adjusted property EBITDA was $240.8 million on operating revenue of $688.1 million, resulting in a 35% margin, with year-over-year comparisons affected by high hold in the prior year [2] - Encore Boston Harbor generated adjusted property EBITDA of $57 million on revenue of $210.2 million, producing a 27.1% margin, despite lower-than-normal table hold impacting results [8] - Macau reported adjusted property EBITDA of $270.9 million on operating revenue of $967.7 million, achieving a 28% margin, with significant volume growth but low hold affecting overall performance [10] Operational Developments - The Encore Tower remodel is set to begin in mid-May for approximately 12 months, expected to cost about 80,000 room nights in 2026 [4][6] - Management noted that operating expenses in Las Vegas averaged $4.6 million per day, up 4.1% year-over-year, driven by payroll costs and other expenses [7] - The new Chairman's Club floor at Wynn Palace is set to open for Chinese New Year, expanding the premium gaming space significantly [14][15] Strategic Initiatives - Wynn is focusing on geographic diversification with the Al Marjan Island project, expecting over 55% of revenues to come from non-U.S. dollar-denominated markets over time [16] - The company is considering leasing land adjacent to Encore Boston Harbor for potential development, including a rail stop and a Major League Soccer stadium [9] - Management expressed optimism about early first-quarter performance, particularly in group and convention business, which is expected to grow in 2026 [6]