Robert L. Fealy
On July 23, 2024, Robert L. Fealy notified Churchill Downs Incorporated (the “Company”) of his decision to resign as a director of the Board of Directors of the Company (the “Board”) effective immediately.
Highest-materiality recent filing
Churchill Downs Q1 revenue and profit up; acquires Preakness IP for $85M
Q1 record net revenue $663M (+3% YoY), net income $83M (+8%), diluted EPS $1.16 vs $1.02.
Churchill Downs Q4 revenue record $666M; net income falls 28% to $51.3M; dividend raised 7%
Q4 net revenue $665.9M (+7% YoY); full-year revenue $2,925.9M (+7% YoY).
Churchill Downs Q3 revenue +9% to $683M, adjusted EBITDA +11% to $262.3M; dividend raised 7%
Q3 net revenue $683.0M (+9% YoY); net income $38.1M (-42%) due to $31M non-cash impairment on Chasers' gaming rights.
Churchill Downs Q2 2025: record revenue $934.4M, EPS $2.99, acquires Casino Salem for $180M
Net revenue $934.4M (+5% YoY), diluted EPS $2.99 (+$0.20), record Adjusted EBITDA $450.9M (+$6.1M).
Churchill Downs to acquire 90% of Casino Salem for $180M cash
Acquires 90% equity in Salem, NH casino joint venture for $180M cash; will develop HHR gaming and entertainment venue.
Churchill Downs Q1 revenue record $642.6M (+9% YoY), net income down 5% to $76.7M
Diluted EPS $1.02 vs $1.08 YoY; Adjusted EBITDA $245.1M, up 1%.
Churchill Downs announces new $500M share repurchase program, replacing prior authorization
$500M share repurchase program authorized by Board of Directors, replacing September 2021 program.
Churchill Downs reports record Q4 net revenue $624.2M (up 11%), EPS $0.95
Full-year net revenue $2.7B (+11%), net income $426.8M (+2%), adjusted EBITDA $1.2B (+13%).
Churchill Downs Q3: record revenue $628.5M, adj. EBITDA $235.3M; dividend up 7%
Net revenue $628.5M (+10% YoY), net income $65.4M (+7%), diluted EPS $0.86 vs $0.79.
Churchill Downs Q2 2024: record revenue $890.7M, EPS $2.79, Adjusted EBITDA $444.8M
Net revenue $890.7M (record, +16% YoY); net income $209.3M (+46%); diluted EPS $2.79 (vs $1.86).
Churchill Downs Q1 record revenue $590.9M (+6%); net income down 48% on prior-year gain
Record Q1 net revenue $590.9M (+6% YoY); Adj EBITDA $242.5M (+9% YoY); diluted EPS $1.08 vs $2.05.
On July 23, 2024, Robert L. Fealy notified Churchill Downs Incorporated (the “Company”) of his decision to resign as a director of the Board of Directors of the Company (the “Board”) effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings