SkyCity Entertainment Cuts Fiscal 2025 Earnings Guidance

MT Newswires Live

May 06

SkyCity Entertainment Group (NZE:SKC, ASX:SKC) now expects earnings before interest, taxes, depreciation, and amortization for fiscal 2025 to fall to around 4% below the bottom of its current guidance range of NZ$225 million to NZ$245 million due to a continuous deterioration of market conditions, according to a Tuesday filing with the New Zealand and Australian bourses.

The leisure and gaming company said an ongoing decline in spend per visit has made it "difficult" to make forecasts.

"The difficult market conditions that businesses like ours - which are reliant on discretionary spending - are experiencing continue to have a significant impact on both our revenue and earnings," said Chief Executive Jason Walbridge.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2533962564"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2533962564\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2533962564?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-06 06:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2533962564","market":"nz","top_or_hot":-1,"title":"SkyCity Entertainment Cuts Fiscal 2025 Earnings Guidance","media":"MT Newswires Live","content":"<html><body><p> SkyCity Entertainment Group (NZE:SKC, ASX:SKC) now expects earnings before interest, taxes, depreciation, and amortization for fiscal 2025 to fall to around 4% below the bottom of its current guidance range of NZ$225 million to NZ$245 million due to a continuous deterioration of market conditions, according to a Tuesday filing with the New Zealand and Australian bourses.</p><p>The leisure and gaming company said an ongoing decline in spend per visit has made it \"difficult\" to make forecasts.</p><p>\"The difficult market conditions that businesses like ours - which are reliant on discretionary spending - are experiencing continue to have a significant impact on both our revenue and earnings,\" said Chief Executive Jason Walbridge.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SkyCity Entertainment Cuts Fiscal 2025 Earnings Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSkyCity Entertainment Cuts Fiscal 2025 Earnings Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-05-06 06:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> SkyCity Entertainment Group (NZE:SKC, ASX:SKC) now expects earnings before interest, taxes, depreciation, and amortization for fiscal 2025 to fall to around 4% below the bottom of its current guidance range of NZ$225 million to NZ$245 million due to a continuous deterioration of market conditions, according to a Tuesday filing with the New Zealand and Australian bourses.</p><p>The leisure and gaming company said an ongoing decline in spend per visit has made it \"difficult\" to make forecasts.</p><p>\"The difficult market conditions that businesses like ours - which are reliant on discretionary spending - are experiencing continue to have a significant impact on both our revenue and earnings,\" said Chief Executive Jason Walbridge.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKC.AU","symbol_name":"SkyCity Entertainment Group Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2533962564","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533962564","pubTimestamp":1746483265,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"SkyCity Entertainment Group  now expects earnings before interest, taxes, depreciation, and amortization for fiscal 2025 to fall to around 4% below the bottom of its current guidance range of NZ$225 million to NZ$245 million due to a continuous deterioration of market conditions, according to a Tuesday filing with the New Zealand and Australian bourses.The leisure and gaming company said an ongoing decline in spend per visit has made it \"difficult\" to make forecasts.\"The difficult market conditions that businesses like ours - which are reliant on discretionary spending - are experiencing continue to have a significant impact on both our revenue and earnings,\" said Chief Executive Jason Walbridge.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SKC.AU":"SkyCity Entertainment Group Ltd"},"translate_title":"SkyCity Entertainment下调2025财年盈利指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKC.AU":0.9},"content_text":"SkyCity Entertainment Group (NZE:SKC, ASX:SKC) now expects earnings before interest, taxes, depreciation, and amortization for fiscal 2025 to fall to around 4% below the bottom of its current guidance range of NZ$225 million to NZ$245 million due to a continuous deterioration of market conditions, according to a Tuesday filing with the New Zealand and Australian bourses.The leisure and gaming company said an ongoing decline in spend per visit has made it \"difficult\" to make forecasts.\"The difficult market conditions that businesses like ours - which are reliant on discretionary spending - are experiencing continue to have a significant impact on both our revenue and earnings,\" said Chief Executive Jason Walbridge.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}