The Macerich Company (MAC) Q2 2025 Earnings Call Transcript


The Macerich Company (NYSE:MAC) Q2 2025 Earnings Conference Call August 11, 2025 5:00 PM ET

Company Participants

Brad Miller – Senior Vice President of Asset Management
Daniel E. Swanstrom – CFO, Treasurer & Senior EVP
Douglas J. Healey – Senior EVP & Head of Leasing
Jackson Hsieh – President, CEO & Director
Samantha Greening – Director of Investor Relations

Conference Call Participants

Floris Gerbrand Hendrik Van Dijkum – Ladenburg Thalmann & Co. Inc., Research Division
Jeffrey Alan Spector – BofA Securities, Research Division
Ki Bin Kim – Truist Securities, Inc., Research Division
Linda Tsai – Jefferies LLC, Research Division
Michael Anderson Griffin – Evercore ISI Institutional Equities, Research Division
Omotayo Tejumade Okusanya – Deutsche Bank AG, Research Division
Ravi Vijay Vaidya – Mizuho Securities USA LLC, Research Division
Ronald Kamdem – Morgan Stanley, Research Division
Vince James Tibone – Green Street Advisors, LLC, Research Division

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Second Quarter 2025 Macerich Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to turn the conference over to Samantha Greening, Assistant Vice President, Director of Investor Relations. Please go ahead.

Samantha Greening

Thank you for joining us on our second quarter 2025 earnings call. During this call, we’ll be making certain statements that may be deemed forward-looking within the meaning of the safe harbor of the Private Securities Litigation Reform Act of 1995, including statements regarding projections, plans and future expectations. Actual results may differ materially due to a variety of risks and uncertainties set forth in today’s earnings results, supplemental and our SEC filings.

Reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are included in the supplemental filed on Form 8-K with the SEC, which is posted in the



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