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NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Primark, the international clothing retailer, has signed a 78,760 square foot lease to open its first Manhattan store at 150 West 34th Street in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan. "THE PENN DISTRICT is transforming into a dynamic new District offering the best in class of retail, restaurants and lifestyle offerings. We are excited for Primark to open its first Man ...

Needham analyst Bernie McTernan expressed his view on PENN Entertainment, Inc. PENN investor event in Las Vegas on Monday. At the event, Penn said it expects third-quarter retail operations adjusted EBITDAR to be in the range of $465 million to $475 million. The company also raised its interactive adjusted EBITDA guidance for the third quarter. Penn anticipates a loss of $90 million to $100 million, up from prior guidance for a loss of $115 million to $135 million. The company noted that improving products ...

With the recent 50 basis points cut in the fed funds interest rate by the Federal Reserve on the 18 th of September , stocks in the consumer discretionary sector of the economy should benefit. PENN Entertainment, Inc. ( As an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement. I am interested in trading both long and short; or at least using inverse ETFs, to take advantage of market declines. Having long term and short term trading strate ...

PENN Entertainment Inc. NASDAQ: PENN is an integrated entertainment experience provider encompassing land-based casinos, iGaming, digital sports betting, racetracks and hotels. The company operates 43 casinos and racetracks in 20 states, along with sports betting through its ESPN BET mobile app in 18 states. With NFL football season underway, the company's rebranded ESPN BET will be put to the test. This is the first full NFL season that the $1.5 billion 10-year branding deal with the Walt Disney Co. NYSE: ...

JasonDoiy/E+ via Getty Images PENN Entertainment, Inc. (NASDAQ:PENN), the operator of regional casinos and online sports betting site ESPN Bet, is currently very cheap compared to peers in its industry. Especially, growth at ESPN Bet could lead to outperformance, with several key growth drivers coalescing in the third quarter. Investors might be overlooking PENN Entertainment's potential, particularly as its new ESPN Bet platform is primed to leverage ESPN's expansive media reach and unique brand loyalty. D ...

Shares of PENN Entertainment, Inc. (PENN) have moved down 28.5% year to date against the Zacks Gaming industry's 7.3% growth and the S&P 500's rise of 19.6%. The company also underperformed other industry players like DoubleDown Interactive Co., Ltd. (DDI) , PlayAGS, Inc. (AGS) and Red Rock Resorts, Inc. (RRR) , which surged 98.1%, 34.3% and 9.3%, respectively, in the said period. The substantial decline in PENN's shares raises questions about whether it is the right time to buy at a lower price or if inves ...

PENN Entertainment, Inc. (PENN) reported a narrower-than-expected loss in second-quarter 2024 results. The top and the bottom line surpassed the Zacks Consensus Estimate but declined on a year-over-year basis. PENN's quarterly performance was hampered by disappointing results from its South and Interactive segments. However, improved top-of-funnel growth, better risk management and enhanced promotional strategies led to stronger-than-expected revenues and Adjusted EBITDA in the Interactive segment. The comp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 0-24206 PENN Entertainment, Inc. (Exact name of registrant as specified in its charter) Penn ...

PENN Entertainment, Inc. (NASDAQ:PENN) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Joseph N. Jaffoni - Investor Relations Jay Snowden - Chief Executive Officer and President Felicia Hendrix - Executive Vice President, Chief Financial Officer Todd George - Executive Vice President, Operations Aaron LaBerge - Chief Technology Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Stauff - Susquehanna Brandt Montour - Barclays Joe Greff - JPMorgan Barry Jo ...