Churchill Downs (CHDN) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Company ParticipantsSam Ullrich - VP - IRWilliam Carstanjen - CEO & DirectorMarcia Dall - Chief Financial OfficerBarry Jonas - Managing DirectorDavid Katz - Managing DirectorDaniel Politzer - Executive Director, Equity Research - Gaming and LodgingBrandt Montour - Director - Equity ResearchJeffrey Stantial - Managing Director - Gaming & LeisureConference Call ParticipantsChad Beynon - Managing Director, AnalystDaniel Guglielmo - Equity R ...

Churchill Downs (CHDN) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Day, ladies and gentlemen, and welcome to the Churchill Downs Incorporated twenty twenty five Second Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session and instructions will be given at that time. We ask all question and answer participants to please limit themselves to one question. As a reminder, this conference call is being recorded. ...

Churchill Downs (CHDN) came out with quarterly earnings of $3.1 per share, beating the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.31%. A quarter ago, it was expected that this racetrack operator and gambling company would post earnings of $1.08 per share when it actually produced earnings of $1.07, delivering a surprise of -0.93%.Over the l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Churchill Downs Incorporated (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 600 North Hurstbourne Parkway, Suite 400 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the trans ...

FOR IMMEDIATE RELEASE Contact: Sam Ullrich (502) 638-3906 Sam.Ullrich@kyderby.com CHURCHILL DOWNS INCORPORATED REPORTS 2025 SECOND QUARTER RESULTS LOUISVILLE, Ky. (July 23, 2025) - Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the second quarter ended June 30, 2025. Company Highlights | CONSOLIDATED RESULTS | | | | | | --- | --- | --- | --- | --- | | | | | Second Quarter | | | (in millions, except per share data) | | 2025 | | 2024 | | Net revenu ...

LOUISVILLE, Ky., July 23, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company’s Board of Directors approved a $500 million share repurchase program. The new share repurchase program replaces the prior $500 million program that was authorized in March 2025. The new share repurchase program includes and is not in addition to any repurchase authority remaining under the prior authorization. Share repurchases may be made at management’s ...

LOUISVILLE, Ky., July 23, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the second quarter ended June 30, 2025. Company Highlights Second quarter 2025 financial results, as compared to the prior year quarter: All-time record net revenue of $934.4 million, up $43.7 million or 5%Net income attributable to CDI of $216.9 million, up $7.6 million or 4%All-time record Adjusted EBITDA of $450.9 million, up $6.1 million or 1% Ch ...

Core Viewpoint - Churchill Downs Incorporated (CDI) has signed definitive agreements to acquire a majority of the equity interests in Casino Salem, a joint venture in New Hampshire, which will feature historical horse racing machines and a charitable gaming, entertainment, and dining destination [1][5]. Company Overview - CDI has been creating entertainment experiences for over 150 years, with its most iconic asset being the Kentucky Derby. The company is headquartered in Louisville, Kentucky, and has expanded through acquisitions and operations in live and historical racing, online wagering, and regional casino gaming properties [6]. Casino Salem Development - Casino Salem is located at The Mall at Rockingham Park, approximately 30 minutes from downtown Boston. Local developers Joe Faro and Sal Lupoli will retain ownership, ensuring their experience contributes to the venue's success [2]. - The initial phase of Casino Salem opened on July 9, featuring around 100 historical racing machines and 13 live table games. Future phases will include venue rebranding, gaming floor expansion, and new food and beverage concepts [3]. - CDI aims to create a regional destination in Salem to attract patrons from the growing New England market, with plans to support charitable organizations throughout New Hampshire [4]. Financial Aspects - The Salem Transaction will be financed through CDI's existing credit facility, with the closing subject to customary conditions, including approval from the New Hampshire Lottery Commission. The transaction is expected to close in the third quarter of 2025 [5].

Investor Presentation April 23, 2025 Forward-Looking Statements Certain statements made in this presentation contain various "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "seek," "should," "will," "scheduled," and similar words o ...

LOUISVILLE, Ky., June 11, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2025 financial results after the market closes on Wednesday, July 23, 2025, and host a related conference call to discuss the quarter on Thursday, July 24, 2025, at 9 a.m. ET. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at http://ir.churchilldownsincorporated.com/events.cfm or by regi ...