Wynn's Revenue Is Up. Their Margins Are Shrinking. That's the Story Nobody Wants to Tell.
Wynn Resorts posted $1.86 billion in Q1 revenue, up nearly 10% year-over-year, and Wall Street responded by hammering the stock to a 52-week low. When your top line grows and your bottom line can't keep pace, the problem isn't the market... it's what you're spending to stay in it.