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PENN Entertainment Inc. (PENN): Insider purchases in May total $707,822

M. Herzberger
Reading Time: 2 minutes

According to the quarterly report presented on May 8, PENN Entertainment Inc. (PENN) achieved a revenue increase of 4% in the first quarter compared to the same period last year, totaling $1.6725 billion, and improved its adjusted EPS from -$0.79 to $0.25. Despite weather-related disruptions at the beginning of the year, the core business remained stable, especially in markets without new competition. CEO Jay Snowden emphasized the resilience of the locations and highlighted the importance of the customer loyalty program PENN Play, as well as investments...

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