{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-24-000053","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.486808+00:00","generated_at":"2026-06-05T22:27:06.220532+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 reports record 2023 revenue $2.5B; Q4 net income $57.6M","bullets":["Record 2023 net revenue $2.5B, up 36% YoY; Adjusted EBITDA $1.0B, up 34%.","2023 net income $417M, down 5% vs $439M prior year; Q4 net income $57.6M vs $1.0M.","Completed Exacta acquisition Aug 2023; opened Derby City Gaming Downtown Dec 2023.","Annual dividend raised 7% to $0.382/share, 13th consecutive increase; repurchased $55.3M shares in 2023.","2024 project capital expected $450-550M; net bank leverage 4.0x."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-24-000053","json":"https://secwatch.observer/filing/0000020212-24-000053.json","markdown":"https://secwatch.observer/filing/0000020212-24-000053.md","text":"https://secwatch.observer/filing/0000020212-24-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021224000053/0000020212-24-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021224000053/chdn-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:27:06.220532+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":"51dc0158406bf38da48f0d7ef8b0ccfc2e843e86","claim":"Churchill Downs Inc reported the quarter and full year ended December 31, 2023 results: revenue $2,461.7, net income $417.3, EPS $5.49.","evidence_excerpt":"increased dividend per share. CONSOLIDATED RESULTS Fourth Quarter Years Ended December 31, (in millions, except per share data) 2023 2022 2023 2022 Net revenue $ 561.2 $ 480.1 $ 2,461.7 $ 1,809.8 Net income $ 57.6 $ 1.0 $ 417.3 $ 439.4 Diluted EPS $ 0.76 $ 0.01 $ 5.49 $ 5.71 Adjusted EBITDA (a) $ 219.1 $ 180.7 $ 1,023.9 $ 763.6 (a) This is a non-GAAP measure. See","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20212/000002021224000053/0000020212-24-000053-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$2,461.7"},{"label":"Net income","value":"$417.3"},{"label":"EPS","value":"$5.49"},{"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"}