{"schema_version":"secwatch.filing_event.v1","accession":"0000921738-26-000006","form_type":"8-K","ticker":"PENN","cik":"0000921738","company_name":"PENN Entertainment, Inc.","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.038506+00:00","generated_at":"2026-05-16T00:00:13.405822+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":"PENN Entertainment Q4 net loss narrows to $73.4M; guides 20% adjusted EBITDAR growth in 2026","bullets":["Revenue $1.81B in Q4 2025 vs $1.67B a year ago; net loss improved to $(73.4M) from $(133.8M).","Consolidated Adjusted EBITDA $225.8M vs $165.2M; retail segment adjusted EBITDAR $456.4M.","Interactive segment revenue $398.7M (incl. $182.7M tax gross-up), adjusted EBITDA loss $39.9M; achieved positive adjusted EBITDA in December.","Guidance: expect 20% YoY segment adjusted EBITDAR growth in 2026; Interactive break-even; >$10M annualized cost savings.","Liquidity $1.1B (cash $686.6M); traditional net debt $2.2B; expect de-leveraging >1 turn lease-adjusted, >2 turns traditional."],"urls":{"canonical":"https://secwatch.observer/filing/0000921738-26-000006","json":"https://secwatch.observer/filing/0000921738-26-000006.json","markdown":"https://secwatch.observer/filing/0000921738-26-000006.md","text":"https://secwatch.observer/filing/0000921738-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921738/000092173826000006/0000921738-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921738/000092173826000006/penn-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:00:13.405822+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}