Churchill Downs Announces An $80M-$90M Renovation To The Existing Grandstand At Churchill Downs Racetrack

7/24/24 4:35:08 PM ET

Services-Misc. Amusement & Recreation

Consumer Discretionary

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Churchill Downs Incorporated ("CDI" or "the Company") announced today an $80-$90 million renovation to the existing grandstand at Churchill Downs Racetrack ("Churchill Downs") that will update ticketed seating options while significantly improving and adding to the amenities available for all guests in the grandstand area. Construction on the Grandstand Club and Pavilion is scheduled to begin in August with completion planned in time for the 151st Kentucky Derby in May 2025.

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Recent Analyst Ratings for
$CHDN

Date	Price Target	Rating	Analyst
8/12/2024	$145.00 → $155.00	Neutral → Buy	BofA Securities
4/15/2024	$137.00 → $141.00	Equal Weight → Overweight	Wells Fargo
3/26/2024	$142.00	Buy	Mizuho
1/5/2024	$135.00 → $137.00	Overweight → Equal Weight	Wells Fargo
10/12/2023	$144.00	Overweight	CapitalOne
10/3/2023	$148.00	Buy	Stifel
3/17/2023	$300.00	Buy	Truist
1/17/2023	$273.00	Mkt Outperform	JMP Securities

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Churchill Downs Incorporated 2024 Third Quarter Financial Results Conference Call Invitation
LOUISVILLE, Ky., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated ("CDI" or "the Company") announced today that the Company will release third quarter 2024 financial results after the market closes on Wednesday, October 23, 2024, and host a related conference call to discuss the quarter on Thursday, October 24, 2024, at 9 a.m. ET. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at http://ir.churchilldownsincorporated.com/events.cfm or by registering in advance via teleconference here. Once registration is completed, participants will be provided with a dial-in number containing a personalized conference code to access
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Churchill Downs Announces An $80M-$90M Renovation To The Existing Grandstand At Churchill Downs Racetrack

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Amendment: SEC Form SC 13G/A filed by Churchill Downs Incorporated

Amendment: SEC Form SC 13G/A filed by Churchill Downs Incorporated

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Chief Executive Officer Carstanjen William C converted options into 151,942 shares and covered exercise/tax liability with 68,071 shares, increasing direct ownership by 6% to 1,576,140 units (SEC Form 4)

President and COO Mudd William E converted options into 94,966 shares and covered exercise/tax liability with 43,258 shares, increasing direct ownership by 8% to 677,201 units (SEC Form 4)

Director Grissom Douglas C was granted 224 shares, increasing direct ownership by 0.86% to 26,212 units (SEC Form 4)

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