---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-048980"
form_type: "8-K"
ticker: "PENN"
cik: "0000921738"
company_name: "PENN Entertainment, Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T07:17:53.526653+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# PENN commits to $350M buyback; Interactive sees Q4 2025 profitability

## Summary
- Interactive Q1 adjusted revenue $162M (+78% YoY); adjusted EBITDA improved $107M YoY.
- Targets positive Interactive adjusted EBITDA by Q4 2025 with growth into 2026.
- Plan to repurchase at least $350M of common stock in calendar 2025.
- Board nominated two HG Vora director candidates (Hartnett, Ruisanchez); two incumbents stepping down.
- Retail market share grew in 14 of 17 regional markets in Q1 2025; loyalty members >32M (+10% YoY).

## SEC filing metadata
- accession: 0001104659-25-048980
- form_type: 8-K
- ticker: PENN
- cik: 0000921738
- company_name: PENN Entertainment, Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921738/000110465925048980/0001104659-25-048980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921738/000110465925048980/tm2515041d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-048980
- JSON: https://secwatch.observer/filing/0001104659-25-048980.json
- Plain text: https://secwatch.observer/filing/0001104659-25-048980.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.