PENN Entertainment Files 8-K on Operations and Financials

Ticker: PENN · Form: 8-K · Filed: 2024-10-07T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, financials, operations

TL;DR

PENN Ent. dropped an 8-K: check their latest financials and operational updates.

AI Summary

PENN Entertainment, Inc. filed an 8-K on October 7, 2024, reporting on results of operations, financial condition, and providing a Regulation FD disclosure. The filing also includes financial statements and exhibits. The company, formerly known as PENN NATIONAL GAMING INC, is incorporated in Pennsylvania and headquartered in Wyomissing, PA.

Why It Matters

This filing provides crucial updates on PENN Entertainment's financial performance and operational status, which can influence investor decisions and market perception.

Risk Assessment

Risk Level: low — This is a routine 8-K filing providing standard corporate disclosures and financial information.

Key Numbers

Key Players & Entities

FAQ

What specific financial results or operational updates are detailed in this 8-K?

The filing indicates it covers 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but the specific details require reviewing the attached documents.

When was the company formerly known as PENN NATIONAL GAMING INC?

The company's name was changed from PENN NATIONAL GAMING INC in 19940415.

What is the primary business address of PENN Entertainment, Inc.?

The principal executive offices are located at 825 Berkshire Blvd., Suite 200, Wyomissing, PA 19610.

What is the SIC code for PENN Entertainment, Inc.?

The Standard Industrial Classification code is 7011, categorized under HOTELS & MOTELS.

What is the significance of the 'Regulation FD Disclosure' mentioned in the filing?

Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed to the public simultaneously, preventing selective disclosure to analysts or large investors.

From the Filing

0001140361-24-042970.txt : 20241007 0001140361-24-042970.hdr.sgml : 20241007 20241007161541 ACCESSION NUMBER: 0001140361-24-042970 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 110 CONFORMED PERIOD OF REPORT: 20241007 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241007 DATE AS OF CHANGE: 20241007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PENN Entertainment, Inc. CENTRAL INDEX KEY: 0000921738 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 232234473 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24206 FILM NUMBER: 241358034 BUSINESS ADDRESS: STREET 1: 825 BERKSHIRE BLVD STE 200 STREET 2: WYOMISSING PROFESSIONAL CENTER CITY: WYOMISSING STATE: PA ZIP: 19610 BUSINESS PHONE: 6103732400 MAIL ADDRESS: STREET 1: 825 BERKSHIRE BLVD STREET 2: SUITE 200 CITY: WYOMISSING STATE: PA ZIP: 19610 FORMER COMPANY: FORMER CONFORMED NAME: PENN NATIONAL GAMING INC DATE OF NAME CHANGE: 19940415 8-K 1 ef20036772_8k.htm 8-K false 0000921738 0000921738 2024-10-07 2024-10-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of report (Date of earliest event reported): October 7, 2024 PENN Entertainment, Inc. (Exact Name of Registrant as Specified in Charter) Pennsylvania   0-24206   23-2234473 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 825 Berkshire Blvd. , Suite 200 Wyomissing , PA 19610 (Address of Principal Executive Offices, and Zip Code) 610 - 373-2400 Registrant’s Telephone Number, Including Area Code (Former name, former address and former fiscal year, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share PENN The Nasdaq Stock Market LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2 of this chapter). Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 2.02. Results of Operations and Financial Condition. On October 7, 2024, PENN Entertainment, Inc. (the “Company”) provided an update to investors announcing certain select preliminary financial results for the third quarter ended September 30, 2024.  A copy of the investor update is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 2.02. The information required by this Item 2.02 set forth in Item 7.01, including in Exhibit 99.2, is incorporated by reference into this Item 2.02. The Company’s financial closing procedures for the third quart

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