Churchill Downs Q3 2024 10-Q Filed
Ticker: CHDN · Form: 10-Q · Filed: 2024-10-23T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, racing, gaming
TL;DR
CDI 10-Q filed: Q3 2024 results out, showing segment performance for racing, TwinSpires, and gaming.
AI Summary
Churchill Downs Inc. filed its 10-Q for the period ending September 30, 2024. The company operates in segments including Live and Historical Racing, TwinSpires, and Gaming. Financial details for the third quarter and year-to-date periods of 2024 and 2023 are presented.
Why It Matters
This filing provides investors with the latest financial performance data for Churchill Downs Inc., crucial for understanding the company's operational health and future prospects.
Risk Assessment
Risk Level: medium — The filing contains financial data and operational details that could impact the company's stock price and investor confidence.
Key Numbers
- 2024-09-30 — Reporting Period End Date (Indicates the end of the financial reporting period covered by the 10-Q.)
- 2024-10-23 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Churchill Downs Inc. (company) — Filer of the 10-Q
- 2024-09-30 (date) — End of reporting period
- 2024-10-23 (date) — Filing date
- Live and Historical Racing (business_segment) — Key operating segment
- TwinSpires (business_segment) — Key operating segment
- Gaming (business_segment) — Key operating segment
FAQ
What are the specific financial results for the Live and Historical Racing segment for Q3 2024 compared to Q3 2023?
The filing provides data for chdn:LiveAndHistoricalRacingMember for the periods 2024-07-01 to 2024-09-30 and 2023-07-01 to 2023-09-30, but specific dollar amounts are not detailed in this header information.
How did the TwinSpires segment perform in the first nine months of 2024 versus the same period in 2023?
The filing indicates data is available for chdn:TwinSpiresMember for the periods 2024-01-01 to 2024-09-30 and 2023-01-01 to 2023-09-30, but specific financial figures are not present in this extract.
What is Churchill Downs Inc.'s primary industry classification?
Churchill Downs Inc. is classified under STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948].
When was Churchill Downs Inc. incorporated?
The company was incorporated in Kentucky (KY).
What is the fiscal year end for Churchill Downs Inc.?
The fiscal year end for Churchill Downs Inc. is December 31 (1231).
From the Filing
0000020212-24-000116.txt : 20241023 0000020212-24-000116.hdr.sgml : 20241023 20241023161207 ACCESSION NUMBER: 0000020212-24-000116 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 93 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241023 DATE AS OF CHANGE: 20241023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Churchill Downs Inc CENTRAL INDEX KEY: 0000020212 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 610156015 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33998 FILM NUMBER: 241389339 BUSINESS ADDRESS: STREET 1: 600 N HURSTBOURNE PKWY STREET 2: STE 400 CITY: LOUISVILLE STATE: KY ZIP: 40222-5389 BUSINESS PHONE: 15023941166 MAIL ADDRESS: STREET 1: 600 N HURSTBOURNE PKWY STREET 2: STE 400 CITY: LOUISVILLE STATE: KY ZIP: 40222-5389 FORMER COMPANY: FORMER CONFORMED NAME: CHURCHILL DOWNS Inc DATE OF NAME CHANGE: 20160105 FORMER COMPANY: FORMER CONFORMED NAME: CHURCHILL DOWNS INC DATE OF NAME CHANGE: 19920703 10-Q 1 chdn-20240930.htm 10-Q chdn-20240930 0000020212 12-31 2024 Q3 FALSE P3Y P3Y P1Y http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember 3 1 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure chdn:segment chdn:performance_condition chdn:performance_criteria 0000020212 2024-01-01 2024-09-30 0000020212 2024-10-16 0000020212 chdn:LiveAndHistoricalRacingMember 2024-07-01 2024-09-30 0000020212 chdn:LiveAndHistoricalRacingMember 2023-07-01 2023-09-30 0000020212 chdn:LiveAndHistoricalRacingMember 2024-01-01 2024-09-30 0000020212 chdn:LiveAndHistoricalRacingMember 2023-01-01 2023-09-30 0000020212 chdn:TwinSpiresMember 2024-07-01 2024-09-30 0000020212 chdn:TwinSpiresMember 2023-07-01 2023-09-30 0000020212 chdn:TwinSpiresMember 2024-01-01 2024-09-30 0000020212 chdn:TwinSpiresMember 2023-01-01 2023-09-30 0000020212 chdn:GamingMember 2024-07-01 2024-09-30 0000020212 chdn:GamingMember 2023-07-01 2023-09-30 0000020212 chdn:GamingMember 2024-01-01 2024-09-30 0000020212 chdn:GamingMember 2023-01-01 2023-09-30 0000020212 us-gaap:ProductAndServiceOtherMember 2024-07-01 2024-09-30 0000020212 us-gaap:ProductAndServiceOtherMember 2023-07-01 2023-09-30 0000020212 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-09-30 0000020212 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-09-30 0000020212 2024-07-01 2024-09-30 0000020212 2023-07-01 2023-09-30 0000020212 2023-01-01 2023-09-30 0000020212 2024-09-30 0000020212 2023-12-31 0000020212 us-gaap:CommonStockMember 2023-12-31 0000020212 us-gaap:RetainedEarningsMember 2023-12-31 0000020212 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000020212 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000020212 2024-01-01 2024-03-31 0000020212 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000020212 us-gaap:CommonStockMember 2024-03-31 0000020212 us-gaap:RetainedEarningsMember 2024-03-31 0000020212 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000020212 2024-03-31 0000020212 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0000020212 2024-04-01 2024-06-30 0000020212 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0000020212 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0000020212 us-gaap:CommonStockMember 2024-06-30 0000020212 us-gaap:RetainedEarningsMember 2024-06-30 0000020212 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0000020212 2024-06-30 0000020212 us-gaap:RetainedEarningsMember 2024-07-01 2024-09-30 0000020212 us-gaap:CommonStockMember 2024-07-01 2024-09-30 0000020212 us-gaap:CommonStockMember 2024-09-30 0000020212 us-gaap:RetainedEarningsMember 2024-09-30 0000020212 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-09-30 0000020212 us-gaap:CommonStockMember 2022-12-31 0000020212 us-gaap:RetainedEarningsMember 2022-12-31 0000020212 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000020212 2022