SkyCity Entertainment Group Ltd
SKC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|wZ | LOCK|H<< | LOCK|XC>%&Q |
SkyCity Entertainment: Spending Per Visit Weakens in Auckland
At a trading update, SkyCity noted weakening trading conditions. While visitor numbers are holding up, spending per visit has declined. The company now expects fiscal 2025 EBITDA to be 4% below the bottom of its prior guidance range of NZD 225 million-NZD 245 million.
