Churchill Downs Incorporated Reports 2026 Third Quarter Results
Globe Newswire•28/10/2026•16:05 ET
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Key Highlights
- ➤Record Q3 revenue $696 million, up 2% year over year
- ➤Record Q3 net income $80 million, up from $38 million
- ➤Record Q3 Adjusted EBITDA $264 million, up 1%
- ➤Board approved new $750 million share repurchase program
- ➤Dividend raised 7% to $0.469 per share, payable January 5, 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.
Company Highlights * Third quarter 2026 financial results, as compared to the prior year quarter: * Record net revenue of $696 million, up $13 million or 2% * Record net income attributable to CDI of $80 million, up $42 million * Excluding 3Q'25 one-time, non-cash impairment and insurance recovery, net income attributable to CDI was up $10 million or 26%
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