Atlanta Braves Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 29, 2023
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Atlanta Braves Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 3.207 million compared to USD 3.247 million a year ago. Net earnings was USD 0.385 million compared to USD 0.391 million a year ago.
For the nine months, revenue was USD 9.007 million compared to USD 9.074 million a year ago. Net earnings was USD 0.653 million compared to net income of USD 1.253 million a year ago.
Atlanta Braves Holdings, Inc. is a holding company of Braves Holdings, LLC (Braves Holdings). Braves Holdings owns and operates the Atlanta Braves Major League Baseball Club (ANLBC). ANLBCâs ballpark is located in Cobb County, a suburb of Atlanta, and is leased from Cobb County, Cobb-Marietta Coliseum and Exhibit Hall Authority. Braves Holdings, through affiliated entities and third-party development partners, develops a significant portion of the land around Truist Park for a mixed-use development that features retail, office, hotel and entertainment opportunities. It has two segments: baseball and Mixed-Use Development. Baseball segment includes its operations relating to the Braves baseball franchise and Truist Park and includes ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing. Mixed-use development segment includes retail, office, hotel and entertainment operations within The Battery Atlanta.
ATLANTA BRAVES HOLDINGS, INC. 
