Las Vegas Sands Q1 2024 Update
Ticker: LVS · Form: 10-Q · Filed: 2024-04-19T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, casino, hospitality
TL;DR
LVS Q1 2024 results are in, showing performance across casino, hotel, and mall ops vs. last year.
AI Summary
Las Vegas Sands Corp. reported its first quarter 2024 results for the period ending March 31, 2024. The company's filing details financial performance across its casino, hotel, food and beverage, and mall operations, comparing them to the same period in 2023. Specific financial figures and operational metrics are provided for these segments.
Why It Matters
This filing provides investors with a quarterly update on the financial health and operational performance of a major player in the global casino and hospitality industry.
Risk Assessment
Risk Level: medium — The company operates in the highly cyclical and competitive hospitality and gaming industry, which is subject to economic downturns and regulatory changes.
Key Numbers
- 2024-01-01 to 2024-03-31 — Q1 2024 Period (Reporting period for current quarter's financial data.)
- 2023-01-01 to 2023-03-31 — Q1 2023 Period (Reporting period for prior year's comparable quarter.)
Key Players & Entities
- LAS VEGAS SANDS CORP (company) — Filer
- 20240331 (date) — Reporting Period End Date
- 20240419 (date) — Filing Date
- NV (location) — State of Incorporation
- 702-923-9000 (phone_number) — Business Phone
FAQ
What were the key operational segments reported for the first quarter of 2024?
The filing indicates reporting for Casino, Occupancy, Food and Beverage, Mall, and Product and Service Other segments for the period of January 1, 2024, to March 31, 2024.
How does the company compare its Q1 2024 performance to the previous year?
The filing provides comparative data for the periods January 1, 2024, to March 31, 2024, against January 1, 2023, to March 31, 2023, for various operational segments.
What is the fiscal year end for Las Vegas Sands Corp?
The fiscal year end for Las Vegas Sands Corp. is December 31.
In which state was Las Vegas Sands Corp. incorporated?
Las Vegas Sands Corp. was incorporated in Nevada (NV).
What is the SEC file number for Las Vegas Sands Corp?
The SEC file number for Las Vegas Sands Corp. is 001-32373.
From the Filing
0001300514-24-000070.txt : 20240419 0001300514-24-000070.hdr.sgml : 20240419 20240419160500 ACCESSION NUMBER: 0001300514-24-000070 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 57 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAS VEGAS SANDS CORP CENTRAL INDEX KEY: 0001300514 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 270099920 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-32373 FILM NUMBER: 24857730 BUSINESS ADDRESS: STREET 1: 5420 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 BUSINESS PHONE: 702-923-9000 MAIL ADDRESS: STREET 1: 5420 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 10-Q 1 lvs-20240331.htm 10-Q lvs-20240331 0001300514 --12-31 2024 Q1 false 0001300514 2024-01-01 2024-03-31 0001300514 2024-04-17 xbrli:shares 0001300514 2024-03-31 iso4217:USD 0001300514 2023-12-31 iso4217:USD xbrli:shares 0001300514 us-gaap:CasinoMember 2024-01-01 2024-03-31 0001300514 us-gaap:CasinoMember 2023-01-01 2023-03-31 0001300514 us-gaap:OccupancyMember 2024-01-01 2024-03-31 0001300514 us-gaap:OccupancyMember 2023-01-01 2023-03-31 0001300514 us-gaap:FoodAndBeverageMember 2024-01-01 2024-03-31 0001300514 us-gaap:FoodAndBeverageMember 2023-01-01 2023-03-31 0001300514 lvs:MallMember 2024-01-01 2024-03-31 0001300514 lvs:MallMember 2023-01-01 2023-03-31 0001300514 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-03-31 0001300514 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-03-31 0001300514 2023-01-01 2023-03-31 0001300514 us-gaap:CommonStockMember 2022-12-31 0001300514 us-gaap:TreasuryStockCommonMember 2022-12-31 0001300514 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001300514 us-gaap:AccumulatedTranslationAdjustmentMember 2022-12-31 0001300514 us-gaap:RetainedEarningsMember 2022-12-31 0001300514 us-gaap:NoncontrollingInterestMember 2022-12-31 0001300514 2022-12-31 0001300514 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001300514 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31 0001300514 us-gaap:AccumulatedTranslationAdjustmentMember 2023-01-01 2023-03-31 0001300514 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001300514 us-gaap:CommonStockMember 2023-03-31 0001300514 us-gaap:TreasuryStockCommonMember 2023-03-31 0001300514 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001300514 us-gaap:AccumulatedTranslationAdjustmentMember 2023-03-31 0001300514 us-gaap:RetainedEarningsMember 2023-03-31 0001300514 us-gaap:NoncontrollingInterestMember 2023-03-31 0001300514 2023-03-31 0001300514 us-gaap:CommonStockMember 2023-12-31 0001300514 us-gaap:TreasuryStockCommonMember 2023-12-31 0001300514 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001300514 us-gaap:AccumulatedTranslationAdjustmentMember 2023-12-31 0001300514 us-gaap:RetainedEarningsMember 2023-12-31 0001300514 us-gaap:NoncontrollingInterestMember 2023-12-31 0001300514 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001300514 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001300514 us-gaap:AccumulatedTranslationAdjustmentMember 2024-01-01 2024-03-31 0001300514 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001300514 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001300514 us-gaap:CommonStockMember 2024-03-31 0001300514 us-gaap:TreasuryStockCommonMember 2024-03-31 0001300514 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001300514 us-gaap:AccumulatedTranslationAdjustmentMember 2024-03-31 0001300514 us-gaap:RetainedEarningsMember 2024-03-31 0001300514 us-gaap:NoncontrollingInterestMember 2024-03-31 0001300514 country:MO lvs:MacaoConcessionMember 2024-01-01 2024-03-31 iso4217:MOP 0001300514 country:MO us-gaap:ScenarioPlanMember lvs:PhaseIIMember lvs:TheLondonerMacaoMember 2024-01-01 2024-03-31 0001300514 country:SG us-gaap:ScenarioPlanMembe