secwatch.observer — SEC 8-K summary
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Issuer:     Churchill Downs Inc (CHDN)
CIK:        0000020212
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0000020212-26-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Churchill Downs Q4 revenue record $666M; net income falls 28% to $51.3M; dividend raised 7%
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- Q4 net revenue $665.9M (+7% YoY); full-year revenue $2,925.9M (+7% YoY).
- Q4 GAAP diluted EPS $0.71 (vs $0.95); adjusted diluted EPS $0.97 (vs $0.92).
- Full-year net income $383.0M (-10.3%); Adjusted EBITDA $1,205.3M (+4%).
- Gaming segment Q4 revenue down $7.2M; Live/Historical Racing revenue up $43.9M.
- Dividend raised 7% to $0.438/share (15th consecutive increase); $32M share repurchases in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/20212/000002021226000023/0000020212-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/20212/000002021226000023/chdn-20260225.htm
  HTML page:      https://secwatch.observer/filing/0000020212-26-000023

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