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Churchill Downs reports Q3 2026 record revenue of $696M and net income of $80M, raises dividend and launches $750M buyback program

Company Fundamentals
28 Oct 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Churchill Downs reports Q3 2026 record revenue of $696M and net income of $80M, raises dividend and launches $750M buyback program

Churchill Downs Incorporated reported record third quarter 2026 net revenue of $696 million, up 2% year-over-year, and net income attributable to the company of $80 million, more than doubling from $38 million the prior year. Adjusted EBITDA also reached a record $264 million. The company announced a 7% dividend increase to $0.469 per share and approved a new $750 million share repurchase program. Key strategic moves include acquiring 49% of United Tote, expanding historical racing venues, and launching the Thoroughbred Championship Series with NYRA starting in 2027. These results reflect strong operational performance and financial management, positioning Churchill Downs for continued growth.

Churchill Downs Incorporated's 2026 third quarter results provide context for market watchers. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Oct 29, 2026 03:11 WIB: of 134 priced US stocks, 66 rose and 67 fell. Notable movers include DAN at USD 25.57 with a -5.99% change, SW at USD 40.30 with a -5.27% change, and CAVA at USD 54.50 with a +5.09% change and a near-even Pluang order activity split.

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