PENN Entertainment Inc
PENN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| h>? | LOCK|!JL | LOCK|C&?d&l< |
Penn Earnings: New Openings and Digital Strategy Yielding Strong Results in a Competitive Landscape
Penn's first-quarter sales increased 6%, with retail locations up 3% (the strongest since 2022) and adjusted interactive up 7%. Adjusted EBITDAR margins were 14.9%, up from 10.4% last year, driven by improvements at both physical and online assets. Shares rose 15% during trading on April 23.
