Atlanta Braves Holdings Q2 revenue up 5% to $283M; operating income rises 28%

Atlanta Braves Holdings, Inc.

2024-Q2 EPS reported -$0.36 revenue$319,956,000

Total revenue $283M (+5% YoY); operating income $25M (+28%); Adjusted OIBDA $46M (+9%).
Baseball revenue $266M (+4%) driven by new sponsorship agreements and contract rate increases.
Mixed-use development revenue $17M (+11%) on higher rental income and parking.
Announced new and expanded seating at Truist Park for 2025 season to enhance fan experience.
Baseball operating costs up 5% due to higher player salaries and MLB revenue sharing.

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