BOYD GAMING CORP

Boyd Gaming reported a 13.3% decrease in net income attributable to the company for the second quarter of 2026, reaching $131.2 million, despite total revenues remaining flat at $1.03 billion. Basic net income per share also declined by 4.9% to $1.75. The company completed the acquisition of Design Works Studios for $53.3 million, aiming to enhance its online casino capabilities. Operating income saw a significant drop of 17.2% to $200.7 million, and long-term debt increased by 27.8% to $2.61 billion since the end of 2025.

Boyd Gaming reported Q2 2026 revenues of $1.03 billion, consistent with the prior year. Net income was $131.2 million ($1.75 per share), down from $151.5 million ($1.84 per share) in Q2 2025, while Adjusted EBITDAR was $350.5 million. The company repurchased $156 million in shares and paid a $0.20 per share dividend. Strong performances in Midwest & South, Online, and Managed segments were noted, offsetting softness in Las Vegas Locals and Downtown Las Vegas.

Boyd Gaming Corporation filed an amended Current Report on Form 8-K/A to announce committee assignments for two recently elected directors. Stacia J. Andersen was appointed to the Audit Committee, and George C. Roeth was appointed to the Compensation Committee. Both appointments were effective immediately on July 16, 2026.

Boyd Gaming Corporation held its 2026 Annual Meeting of Stockholders on May 7, 2026. During the meeting, all eight director nominees were successfully elected to serve until the 2027 Annual Meeting. Additionally, the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm was ratified, and the advisory vote on executive compensation was approved by stockholders.

Boyd Gaming Corporation's Board of Directors declared a cash dividend of $0.20 per share. This dividend is scheduled to be paid on July 15, 2026, to shareholders who are on record as of June 15, 2026.

Boyd Gaming Corp reported a slight increase in Q1 2026 total revenues to $997.4 million, up 0.6% year-over-year. Net income attributable to Boyd Gaming decreased by 5.3% to $105.5 million, while basic EPS rose 4.6% to $1.37, primarily due to share repurchases. The company also declared a quarterly dividend of $0.20 per share and repurchased $155.0 million in shares.

Boyd Gaming Corporation announced its financial results for the first quarter ended March 31, 2026. The company issued a press release on April 23, 2026, detailing these results. This press release is furnished as Exhibit 99.1 to the current report on Form 8-K.