{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-23-000130","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.567379+00:00","generated_at":"2026-06-09T11:52:48.657816+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 Q3 net revenue $572.5M (+49% YoY); record Adjusted EBITDA $218.2M; dividend raised 7%","bullets":["Record net revenue $572.5M (+49% YoY); net income $61.0M (+7%); diluted EPS $0.79.","Adjusted EBITDA record $218.2M (+34%); Live & Historical Racing EBITDA +134%, Gaming +10%, TwinSpires +9%.","Completed Exacta Systems acquisition Aug 22; opened seventh Rosie's in Emporia, VA on Sept 26.","Annual dividend raised 7% to $0.382/share, payable Jan 5, 2024 to holders of record Dec 1, 2023.","Repurchased $37.3M in Q3; net bank leverage 4.1x; $232.9M remaining buyback authority."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-23-000130","json":"https://secwatch.observer/filing/0000020212-23-000130.json","markdown":"https://secwatch.observer/filing/0000020212-23-000130.md","text":"https://secwatch.observer/filing/0000020212-23-000130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021223000130/0000020212-23-000130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021223000130/chdn-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T11:52:48.657816+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":"1202225110ab080642075df5f67285648528cdae","claim":"Churchill Downs Inc reported third quarter ended September 30, 2023 results: revenue $572.5 million, net income $61.0 million, EPS $0.79.","evidence_excerpt":"CHDN) (the \"Company\", \"CDI\") today reported business results for the third quarter ended September 30, 2023. Company Highlights • Third quarter results: – Record net revenue of $572.5 million, up 49% compared to the prior year quarter. – Net income of $61.0 million, up 7% compared to the prior year quarter. – Record Adjusted EBITDA of $218.2 million, up 34% compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20212/000002021223000130/0000020212-23-000130-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$572.5 million"},{"label":"Net income","value":"$61.0 million"},{"label":"EPS","value":"$0.79"},{"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"}