CHDN

Churchill Downs Incorporated ( CHDN ) Q3 2026 Earnings Call October 29, 2026 9:00 AM EDT Company Participants Sam Ullrich - Vice President of Investor Relations William C. Carstanjen - CEO & Director Marcia Dall - Executive VP & CFO Conference Call Participants Barry Jonas - Truist Securities, Inc., Research Division Brandt Montour - Barclays Bank PLC, Research Division David Katz - Jefferies LLC, Research Division Daniel Politzer - JPMorgan Chase & Co, Research Division Shaun Kelley - BofA Securities, Research Division Chad Beynon - Macquarie Research Jordan Bender - Citizens JMP Securities, LLC, Research Division Raymond Bowers - Wells Fargo Securities, LLC, Research Division Jeffrey Stantial - Stifel, Nicolaus & Company, Incorporated, Research Division Peter Supino - Wolfe Research, LLC Daniel Guglielmo - Capital One Securities, Inc., Research Division Joseph Stauff - Susquehanna Financial Group, LLLP, Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the Churchill Downs Incorporated Third Quarter 2026 Earnings Conference Call.

Churchill Downs NASDAQ: CHDN reported record third-quarter net revenue of $696 million and record adjusted EBITDA of $264 million, led by gains in its wagering services and solutions and gaming segments. The company also outlined plans to sell nine wholly owned regional gaming properties, expand its horse-racing and historical racing machine businesses, and launch a new Thoroughbred Championship Series in 2027.

LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company," "CDI," "we") today reported business results for the quarter ended September 30, 2026.

LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company's Board of Directors approved a $750 million share repurchase program.

LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today the appointment of Michael Tucker to the Company's Board of Directors.

LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) announced today plans to relocate its existing historical racing machine (“HRM”) entertainment venue in Henry County, Virginia, following approval of a Special Use Permit by the Henry County Board of Zoning Appeals.

Churchill Downs Incorporated and The New York Racing Association's 2027 Series to Award More Than $22 Million in Purses and Prizes Churchill Downs Incorporated and The New York Racing Association's 2027 Series to Award More Than $22 Million in Purses and Prizes

Churchill Downs (CHDN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shares of Kentucky Derby parent company Churchill Downs Inc (NASDAQ:CHDN) have fallen to lows last seen in October 2020. The company could have a hero coming to the rescue with entrepreneur and horse owner Mike Repole ready to make moves.

Amended and Extended Credit Agreement for Revolver and Term Loan A Facility and Issued a New $500 Million Term Loan B Amended and Extended Credit Agreement for Revolver and Term Loan A Facility and Issued a New $500 Million Term Loan B