PENN Entertainment Inc

PENN: XNAS (USA)
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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.

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