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Speedway Motorsports' (TRK) CEO Marcus Smith on Q4 2017 Results - Earnings Call Transcript

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Speedway Motorsports, Inc. (NYSE:TRK) Q4 2017 Earnings Conference Call March 7, 2017 10:00 AM ET


Marcus Smith - President and Chief Executive Officer

William Brooks - Vice Chairman, Chief Financial Officer and Treasurer


Karen Tan - Wells Fargo Securities, LLC


Good morning, and welcome to the Speedway Motorsports Fourth Quarter and Year-End 2017 Earnings Conference Call. During the call, all participants will be in a listen-only mode. Afterwards, you will be invited to participate in the question-and-answer session. As a reminder, this call is being recorded on Wednesday, March 7, 2018.

With us on this morning’s call is Marcus Smith, Chief Executive Officer and President; and Bill Brooks, Vice Chairman and Chief Financial Officer. After formal remarks, a question-and-answer period will be conducted.

Before we start, the company would like to address forward-looking statements that may be addressed on the call. This conference call contains forward-looking statements, particularly statements with regard to the company’s future operations and financial results. There are many factors that affect future events and trends of the company’s business, including, but not limited to, economic factors, weather, the success of NASCAR and other sanctioning bodies, capital projects and expansion, financial needs and host of other factors of both within and outside of management’s control.

These factors and other factors, including those contained in the company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q involve the certain risks and uncertainties that would cause actual results or events to differ materially from management’s views and expectations. In conclusion (sic) [Inclusion] of any information or statement in this conference call does not necessarily imply that such information or statement is material. The company does not undertake any obligation to release publicly revised or updated forward-looking information and such information included in this conference call is based on

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