{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-24-000069","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.422541+00:00","generated_at":"2026-06-03T09:55:10.203838+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Churchill Downs Q1 record revenue $590.9M (+6%); net income down 48% on prior-year gain","bullets":["Record Q1 net revenue $590.9M (+6% YoY); Adj EBITDA $242.5M (+9% YoY); diluted EPS $1.08 vs $2.05.","Net income $80.4M (-48% YoY) due to $86.2M after-tax gain on Arlington sale in prior-year quarter.","Live & Historical revenue +15%, Adj EBITDA +23%; TwinSpires revenue +18%, Adj EBITDA +35% (includes Exacta). Gaming revenue -3% on weather and Lady Luck exit.","Returned capital: $22M buybacks, $123.75M block repurchase from Duchossois, $0.382 dividend (13th consecutive increase)."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-24-000069","json":"https://secwatch.observer/filing/0000020212-24-000069.json","markdown":"https://secwatch.observer/filing/0000020212-24-000069.md","text":"https://secwatch.observer/filing/0000020212-24-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021224000069/0000020212-24-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021224000069/chdn-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:55:10.203838+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":"d6eaba70fda9a056faff576aaecb861f28462bdf","claim":"Churchill Downs Inc reported the first quarter ended March 31, 2024 results: revenue $590.9, net income $80.4, EPS $1.08.","evidence_excerpt":"CONSOLIDATED RESULTS First Quarter (in millions, except per share data) 2024 2023 Net revenue $ 590.9 $ 559.5 Net income $ 80.4 $ 155.7 Diluted EPS $ 1.08 $ 2.05","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20212/000002021224000069/0000020212-24-000069-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$590.9"},{"label":"Net income","value":"$80.4"},{"label":"EPS","value":"$1.08"},{"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"}