Farrell Granith's questions to EPR Properties (EPR) leadership • Q3 2024
Question
Farrell Granith, on behalf of Josh Dennerlein, inquired about the confidence behind the increased box office guidance and the company's future strategy for its Topgolf exposure following the announced spin-off.
Answer
CEO Gregory Silvers and CIO Gregory Zimmerman explained that confidence in the box office stems from the normalizing number of film releases, which is more critical than any single movie's performance. Regarding Topgolf, Mr. Silvers stated that EPR is comfortable with its current exposure, viewing the spin-off as a positive that will leave Topgolf well-capitalized, and does not anticipate rapid expansion in this area.