{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-23-000082","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.660472+00:00","generated_at":"2026-06-16T13:49:16.277719+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Churchill Downs Q1 net revenue $559.5M record; net income $155.7M; EPS $4.09","bullets":["Record net revenue $559.5M (+54% YoY); net income $155.7M vs $42.1M; diluted EPS $4.09 vs $1.08.","Record Adjusted EBITDA $222.9M (+73% YoY); all three segments posted record first-quarter EBITDA.","Closed sale of Arlington Heights property to Chicago Bears for $197.2M on Feb 15, 2023.","Amended credit facility to increase Term Loan A by $500M (to $1.3B); issued $600M of 6.750% senior notes due 2031.","Board approved two-for-one stock split; distribution date May 19, 2023 to holders of record May 5, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-23-000082","json":"https://secwatch.observer/filing/0000020212-23-000082.json","markdown":"https://secwatch.observer/filing/0000020212-23-000082.md","text":"https://secwatch.observer/filing/0000020212-23-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021223000082/0000020212-23-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021223000082/chdn-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T13:49:16.277719+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3bcffe5dd94bfae74336b00143438819bfae2159","claim":"Churchill Downs Inc reported the first quarter ended March 31, 2023 results: revenue $559.5 million, net income $155.7 million, EPS $4.09.","evidence_excerpt":"CHDN) (the \"Company\", \"CDI\") today reported business results for the first quarter ended March 31, 2023. Company Highlights • First quarter results: ◦ Record net revenue of $559.5 million compared to $364.1 million in first quarter 2022 ◦ Net income of $155.7 million compared to $42.1 million in first quarter 2022 ◦ Record Adjusted EBITDA of $222.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20212/000002021223000082/0000020212-23-000082-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$559.5 million"},{"label":"Net income","value":"$155.7 million"},{"label":"EPS","value":"$4.09"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}