Kimco Realty Corporation (NYSE:KIM) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET

Company Participants

David Bujnicki - SVP, IR
Conor Flynn - CEO
Ross Cooper - President & CIO
Glenn Cohen - CFO

Conference Call Participants

Michael Goldsmith - UBS
Samir Khanal - Evercore ISI
Dori Kesten - Wells Fargo
Juan Sanabria - BMO Capital Markets
Greg McGinniss - Deutsche Bank
Craig Mailman - Citi
Alexander Goldfarb - Piper Sandler
Floris van Dijkum - Compass Point
Jeff Spector - Bank of America
Ronald Kamdem - Morgan Stanley
Caitlin Burrows - Goldman Sachs
Linda Tsai - Jefferies
Wes Golladay - Baird
Paulina Rojas - Green Street Capital
Haendel St. Juste - Mizuho
Mike Mueller - JPMorgan
Michael Gorman - BTIG

Operator

Good day and welcome to the Kimco Realty Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to David Bushnicki, Senior Vice President and Investor Relations Strategy. Please go ahead.

David Bujnicki

Good morning and thank you for joining Kimco's quarterly earnings call. The Kimco management team participating on the call today include Conor Flynn, Kimco's CEO; Ross Cooper, President and Chief Investment Officer; Glenn Cohen, our CFO; Dave Jamieson, Kimco's Chief Operating Officer; as well as other members of our executive team that are also available to answer questions during the call.

As a reminder, statements made during the course of this call may be deemed forward-looking, and it is important to note that the company's actual results could differ materially from those projected in such forward-looking statements due to a variety of risks, uncertainties, and other factors. Please refer to the company's SEC filings that address such factors.

During this presentation, management may make reference to certain non-GAAP financial measures that we believe help investors better understand Kimco's operating results. Reconciliations of these non-GAAP financial measures can be found in our quarterly supplemental financial information on the Kimco Investor Relations website. Also, in the event our call was to incur technical difficulties, we'll try to resolve as quickly as possible, and if the need arises, we'll post additional information to our IR website.

With that, I'll turn the call over to Conor.

Conor Flynn

Thanks, Dave, and good morning. I will begin with an overview of the Kimco consumer, provide an update on the favorable supply and demand environment for our business, and then share some highlights on our strong operating results, all of which will underscore the resiliency of our high-quality, grocery-anchored, and mixed-use portfolio. We'll also cover the current transaction environment, and Glenn will provide additional financial metrics, report on our balance sheet position, and provide our updated outlook.