{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-26-000041","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.393687+00:00","generated_at":"2026-05-15T04:56:58.133494+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Churchill Downs Q1 revenue and profit up; acquires Preakness IP for $85M","bullets":["Q1 record net revenue $663M (+3% YoY), net income $83M (+8%), diluted EPS $1.16 vs $1.02.","Adjusted EBITDA record $257M (+5%); adjusted diluted EPS $1.21 vs $1.07.","Entered $85M definitive agreement to acquire Preakness Stakes and Black-Eyed Susan Stakes IP.","Plans $180-200M Rockingham Grand Casino (NH, mid-2027); opened Marshall Yards Racing & Gaming in Feb 2026.","Paid $0.438/share dividend (15th consecutive annual increase); net leverage 3.8x."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-26-000041","json":"https://secwatch.observer/filing/0000020212-26-000041.json","markdown":"https://secwatch.observer/filing/0000020212-26-000041.md","text":"https://secwatch.observer/filing/0000020212-26-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021226000041/0000020212-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021226000041/chdn-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:56:58.133494+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":"f025123b8056a05c5b929f7949f3dcbe1b47d91f","claim":"Churchill Downs Inc reported the quarter ended March 31, 2026 results: revenue $663 million, net income $83 million, EPS $1.16.","evidence_excerpt":"business results for the quarter ended March 31, 2026. Company Highlights ▪ First quarter 2026 financial results, as compa red to the prior year quarter: ▪ Record net revenue of $663 million, up $20 mil lion or 3% ▪ Net income attributable to CDI of $83 million, up $6 million or 8% ▪ Record Adjusted EBIT DA of $257 million, up $12 million or 5% ▪ On January 12, 2026,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20212/000002021226000041/0000020212-26-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$663 million"},{"label":"Net income","value":"$83 million"},{"label":"EPS","value":"$1.16"},{"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"}