AI brief of an SEC Form 8-K · Churchill Downs (CHDN)

Churchill Downs reports record Q2 revenue of $890.7 million and higher profit

Positive Impact 3 of 5 earnings Written later

Churchill Downs reported second quarter 2024 results for the three months ended June 30, 2024, with net revenue of $890.7 million, up from $768.5 million a year earlier. Net income attributable to the company rose to $209.3 million from $143.0 million, and diluted EPS was $2.79 versus $1.86, which benefits shareholders on both revenue and profit measures. The filing gives no updated full-year guidance.

Key points

  • Net revenue of $890.7 million vs. $768.5 million in Q2 2023
  • Net income attributable to CDI of $209.3 million vs. $143.0 million; diluted EPS of $2.79 vs. $1.86
  • Adjusted EBITDA of $444.8 million vs. $363.7 million; the Kentucky Derby Week contributed a $37.6 million revenue increase at Churchill Downs Racetrack
  • Repurchased 93,874 shares for about $13.0 million in Q2 2024; $179.9 million of authority remained at June 30, 2024

The filing

CompanyChurchill Downs (CHDN)
Form8-K, current report
Filed with the SECJul 24, 2024, 4:06 PM ET
Accession number0000020212-24-000100

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.