Company lifts retail revenue guidance to $5.87B while projecting over 20% adjusted EBITDAR growth for Q2 2026.
PENN Entertainment increased its 2026 adjusted EBITDAR growth target to more than 20% year-over-year, citing strong retail performance. The company also raised its retail revenue guidance to $5.87 billion for the period.
Management attributed the upward revision to execution of strategic priorities and robust portfolio performance. Prior guidance had not specified a growth rate for adjusted EBITDAR, though retail revenue projections were previously lower.
No immediate market reaction was detailed in the source.