Hall of Fame Resort & Entertainment Co. (NASDAQ:HOFV) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET

Company Participants

Anne Graffice - Executive Vice President, Global Marketing and Public Affairs
Michael Crawford - President and CEO
John Van Buiten - Vice President and Corporate Controller

Conference Call Participants

Jack Vander Aarde - Maxim Group
David Marsh - Singular Research

Operator

Good morning. Welcome to Hall of Fame Resort and Entertainment Company Second Quarter 2024 Earnings Conference call. This conference call is being recorded and all participants are in a listen-only mode. We will open up the conference for questions and answers following the prepared remarks.

I will now turn the conference over to Anne Graffice, Executive Vice President, Global Marketing and Public Affairs. Thank you. You may begin.

Anne Graffice

Good morning and thank you for joining us for our second quarter 2024 earnings conference call. Our latest press release and supplemental slides were posted yesterday evening after market hours. These documents can be found in the Investor Relations section of our website at hosreco.com.

After my brief introduction, Michael Crawford, our President and CEO, will give an update on the company strategy and outlook; John van Buten, Vice President and Corporate Controller will then provide analysis of the quarter's financial results and an update on the company's fiscal 2024 financial outlook.

During today's call, we will make forward-looking statements that reflect the company's current expectations about future plans and performance. These statements rely on assumptions and estimates, and actual results may differ materially due to risks and uncertainties. I encourage each of you to read the full disclosure concerning forward-looking statements in the earnings press release.

Additionally, please note that the company uses non-GAAP results to evaluate performance internally, as detailed in our press release.

It's now my pleasure to turn the call over to Michael Crawford. Mike?

Michael Crawford

Thanks, Anne. Good morning, everyone. I thought before jumping into Q2 highlights, I just sort of recap a couple of thoughts that we've been having over the last few days and then over the last several weeks.

As I reflect on who we are as a company, three distinct business verticals, right? Regional, theme destination-based assets, media and gaming and when you look at what's going on in the market and you look at companies like a Disney reporting and you look at their theme park division, you start to see some pullback in consumer spending and that's just undeniable right now.