Quarterly ResultAug 7, 2026, 01:23 PM
Ryman Hospitality Q2 Revenue $749M, EPS $1.42; Refinances Debt
AI Summary
Ryman Hospitality Properties reported strong second-quarter 2026 results, with total revenues increasing to $749.0 million and diluted EPS rising to $1.42. The company also completed a significant debt refinancing, issuing $700 million in 5.75% Senior Notes due 2034 to redeem existing 4.75% Senior Notes due 2027. Additionally, the revolving credit facility was expanded to $850 million and its maturity extended to January 2030.
Key Highlights
- Q2 2026 total revenues increased to $749.0 million from $659.5 million year-over-year.
- Q2 2026 diluted EPS rose to $1.42 from $1.12 in the prior year period.
- Net income available to common stockholders for Q2 2026 was $92.8 million, up from $71.8 million.
- Issued $700 million 5.75% Senior Notes due 2034, redeeming $700 million 4.75% Senior Notes due 2027.
- Revolving credit facility capacity increased to $850 million, with maturity extended to January 28, 2030.
- Net cash flows from operating activities for the six months increased to $321.9 million from $220.7 million.
- Q2 Hospitality segment revenue for Gaylord Palms increased to $88.5 million from $73.1 million.
- Q2 Hospitality segment revenue for JW Marriott Desert Ridge was $60.6 million, up from $5.3 million.
Price Impact
More from RHP