Churchill Downs Incorporated (NASDAQ:CHDN) Q2 2024 Results Conference Call July 25, 2024 9:00 AM ET

Company Participants

Sam Ullrich - Vice President, Investor Relations
Bill Carstanjen - Chief Executive Officer
Marcia Dall - Chief Financial Officer
Bill Mudd - President and Chief Operating Officer
Brad Blackwell - General Counsel

Conference Call Participants

Barry Jonas - Truist Securities
David Katz - Jefferies
Dan Politzer - Wells Fargo
Joe Stauff - SIG
Jeff Stantial - Stifel
Jordan Bender - JMP Securities
Chad Beynon - Macquarie
Ben Chaiken - Mizuho
Daniel Guglielmo - Capital One Securities
Shaun Kelley - Bank of America

Operator

Good day, ladies and gentlemen, and welcome to the Churchill Downs Incorporated 2024 Second Quarter Earnings Conference call. At this time, all participants are in a listen-only mode. Later, we'll conduct a question-and-answer session and instructions will be given at that time. We ask all question-and-answer participants to please limit themselves to one question. As a reminder, this conference call is being recorded.

I would now like to introduce your host for today's conference. Mr. Sam Ullrich, Vice President Investor Relations.

Sam Ullrich

Thank you, Andrew.

Good morning and welcome to our second quarter 2024 earnings conference call. After the company's prepared remarks, we will open the call for your questions. The company's 2024 second quarter business results were released yesterday afternoon.

A copy of this release announcing results and other financial and statistical information about the period to be presented in this conference call, including information required by Regulation G is available at the section of the company's website titled News, located at churchilldownsincorporated.com as well as in the website’s Investors section.

Before we get started, I would like to remind you that some of the statements that we make today may include forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results to differ materially.

All forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and the risk factors included in our filings with the SEC, specifically the most recent reports on Form 10-Q and Form 10-K. Any forward-looking statements that we make are based on assumptions as of today and we undertake no obligation to update these statements as a result of new information or future events.

During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in yesterday’s earnings press release. The press release and Form 10-Q are available on our website at churchilldownsincorporated.com.