BYD Stock Recent News

GME surges on digital transformation, while BYD holds steady with casino-driven growth. Here we discuss two gaming stocks, two very different stories.

Chinese electric vehicle (EV) giant BYD outsold Tesla Inc. (NASDAQ: TSLA) in Europe for the first time in April.

Sin stocks stir debate, but their steady returns, strong margins and recession resistance make them smart, long-term plays for performance-focused investors.

LAS VEGAS , May 8, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable July 15, 2025, to shareholders of record at the close of business on June 16, 2025. About Boyd Gaming Celebrating its 50th anniversary in 2025, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business.

Chinese electric vehicle manufacturers posted diverging sales trajectories in April, with Xpeng marking the strongest year-on-year growth among major players. The company delivered 35,045 EVs last month, a 273% surge from April 2023, extending its streak of monthly deliveries above 30,000 units.

Chinese automakers have gone from incompetent to unstoppable in essentially two decades. Years ago, foreign automakers were forced to partner with domestic automakers in joint ventures to enter the Chinese market, and with the government's focus on increasing their competitiveness in batteries and electric vehicle technology, they have surged ahead in advancements and affordability.

Boyd Gaming's Q1 FY 2025 results beat expectations with $1.62 EPS and $991.6 million in revenue, showing resilience despite broader consumer discretionary sector struggles. Casino traffic trends defy recession fears, with core customer share growing and steady spending, indicating strong consumer engagement at Boyd's properties. Boyd's strategic investments, including property renovations and expansions, and robust online segment growth, position it well for continued success and shareholder returns.

BYD's first-quarter results reflect solid segmental contributions on account of strong customer engagement.

Start Time: 17:00 January 1, 0000 5:51 PM ET Boyd Gaming Corporation (NYSE:BYD ) Q1 2025 Earnings Conference Call April 24, 2025, 17:00 PM ET Company Participants Keith Smith - President and CEO Josh Hirsberg - EVP and CFO David Strow - VP, Corporate Communications Conference Call Participants Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America David Katz - Jeffries Steve Wieczynski - Stifel Jordan Bender - Citizens Brandt Montour - Barclays Ben Chaiken - Mizuho Joe Stauff - Susquehanna Chad Beynon - Macquarie Max Marsh - CBRE Barry Jonas - Truist Securities David Strow Good afternoon, and welcome to the Boyd Gaming First Quarter 2025 Earnings Conference Call. My name is David Strow, Vice President of Corporate Communications for Boyd Gaming.

The headline numbers for Boyd (BYD) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.