Breakeven Date Change • May 20
No longer forecast to breakeven The 5 analysts covering Atlanta Braves Holdings no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$10.0m in 2027. New consensus forecast suggests the company will make a loss of US$4.89m in 2028. Board Change • May 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Wonya Lucas is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 15
Atlanta Braves Holdings, Inc. to Report Q1, 2026 Results on May 11, 2026 Atlanta Braves Holdings, Inc. announced that they will report Q1, 2026 results Pre-Market on May 11, 2026 Annuncio • Apr 03
Atlanta Braves Holdings, Inc., Annual General Meeting, May 20, 2026 Atlanta Braves Holdings, Inc., Annual General Meeting, May 20, 2026. Annuncio • Feb 25
Atlanta Braves Holdings, Inc. Announces Launch of Exclusive Braves Television Network: BravesVision Atlanta Braves Holdings, Inc. announced the launch of BravesVision, a multimedia platform owned and operated by the organization that will become the official local television home of the Braves beginning with the 2026 baseball season. BravesVision will usher in a new era of broadcasting, where the Braves organization will have full oversight of the production, sales, marketing, and distribution of its telecasts. BravesVision will produce more than 140 games, as well as extensive pre-game and post-game programming, throughout the 2026 regular season and give fans across the organization's six state territory multiple options to watch Braves games without blackouts, including: Video Service Provider: Through a direct-to-distributor model, the Braves will partner with cable, satellite, and streaming services to provide BravesVision to their customers. The Braves will provide an update on availability and channel locations as distributor deals are finalized. Streaming: BravesVision will be available on Major League Baseball's streaming platform - Braves.TV. With a subscription, all regular season non-national exclusive Braves games will be available to fans everywhere and without blackouts. Fans will have the additional option to purchase an out-of-market package to view every MLB team. Over the Air: For the second consecutive season, the Braves will partner with Gray Media to simulcast a select number of regular season games over-the-air (OTA) for free in Atlanta and across the Southeast through Gray's network of broadcast stations. The BravesVision OTA games will be announced prior to Opening Day. For a list of Gray Media stations in Braves Country, visit braves.com/watch.BravesVision will further expand the organization's robust multimedia platform, which includes the largest radio affiliate network in Major League Baseball, groundbreaking short-form video content, award-winning in-game products, and more than eight million followers across various social platforms. Fans simply need to visit Braves.TV to create a free account. In addition to the local BravesVision telecasts, the team will appear in nationally televised games with MLB's exclusive broadcast partners - FOX/FS1, ESPN, TBS, NBC/Peacock and Apple TV+. Annuncio • Jan 22
Atlanta Braves Holdings, Inc. to Report Q4, 2025 Results on Feb 25, 2026 Atlanta Braves Holdings, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 25, 2026 Annuncio • Oct 09
Atlanta Braves Holdings, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Atlanta Braves Holdings, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Annuncio • Jul 23
Atlanta Braves Holdings, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Atlanta Braves Holdings, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Annuncio • Apr 26
Atlanta Braves Holdings, Inc., Annual General Meeting, Jun 10, 2025 Atlanta Braves Holdings, Inc., Annual General Meeting, Jun 10, 2025. Annuncio • Apr 18
Atlanta Braves Holdings, Inc. to Report Q1, 2025 Results on May 12, 2025 Atlanta Braves Holdings, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 12, 2025 Annuncio • Jan 28
Atlanta Braves Holdings, Inc. to Report Q4, 2024 Results on Feb 26, 2025 Atlanta Braves Holdings, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 26, 2025 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.098 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.16 (up from US$0.098 loss in 3Q 2023). Revenue: US$290.7m (up 6.9% from 3Q 2023). Net income: US$10.0m (up US$16.1m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in Germany. Annuncio • Aug 25
Atlanta Braves Holdings, Inc. Announces Resignation of Gregory B. Maffei as Chief Executive Officer, Effective August 31, 2024 On August 21, 2024, Gregory B. Maffei notified Atlanta Braves Holdings, Inc. of his resignation as Chief Executive Officer, effective August 31, 2024. The execution of the Malone Voting Agreement constitutes a Change in Control of the Company as defined in Mr. Maffei’s Executive Employment Agreement, dated effective as of December 13, 2019, by and between Mr. Maffei and Liberty Media Corporation (“ Liberty Media”), and Mr. Maffei’s separation from employment with the Company is for “Good Reason” within the meaning of his Executive Employment Agreement. As part of that transition, all current officers of the Company (with limited exceptions), including Mr. Maffei, Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, and Renee L. Wilm, Chief Legal Officer and Chief Administrative Officer of the Company, will step down from their officer positions, effective August 31, 2024. Also effective August 31, 2024, certain members of the Company’s operating team will assume these roles, with additional information to be announced in a separate Current Report on Form 8-K to be filed at a later date. Annuncio • Aug 24
Atlanta Braves Holdings, Inc. Announces Executive Changes, Effective August 31, 2024 On August 21, 2024, Gregory B. Maffei notified Atlanta Braves Holdings, Inc. of his resignation as President, Chairman of the Board and a director of the Company effective August 31, 2024. The execution of the Malone Voting Agreement constitutes a Change in Control of the Company as defined in Mr. Maffei’s Executive Employment Agreement, dated effective as of December 13, 2019, by and between Mr. Maffei and Liberty Media Corporation (“ Liberty Media”), and Mr. Maffei’s separation from employment with the Company is for “Good Reason” within the meaning of his Executive Employment Agreement. In addition, the Company and Liberty Media intend to begin transitioning various general and administrative services currently provided by Liberty Media to the Company under the Services Agreement, dated as of July 18, 2023, by and between Liberty Media and the Company (the “ ABH Services Agreement”) to the management of the Company, including legal, tax, accounting, treasury, information technology, cybersecurity and investor relations support. As part of that transition, all current officers of the Company (with limited exceptions), including Mr. Maffei, Brian J. Wendling, Principal Financial Officer and Chief Accounting Officer of the Company, and Renee L. Wilm, Chief Legal Officer and Chief Administrative Officer of the Company, will step down from their officer positions, effective August 31, 2024. Also effective August 31, 2024, certain members of the Company’s operating team will assume these roles, with additional information to be announced in a separate Current Report on Form 8-K to be filed at a later date. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: US$0.47 (vs US$0.47 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.47 (up from US$0.47 loss in 2Q 2023). Revenue: US$282.9m (up 4.7% from 2Q 2023). Net income: US$29.1m (up US$58.0m from 2Q 2023). Profit margin: 10% (up from net loss in 2Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Annuncio • Jul 12
Atlanta Braves Holdings, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Atlanta Braves Holdings, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 New Risk • May 13
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$66m net loss next year). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • May 09
First quarter 2024 earnings released: US$0.83 loss per share (vs US$1.09 loss in 1Q 2023) First quarter 2024 results: US$0.83 loss per share (improved from US$1.09 loss in 1Q 2023). Revenue: US$37.1m (up 20% from 1Q 2023). Net loss: US$51.3m (loss narrowed 12% from 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Annuncio • Apr 28
Atlanta Braves Holdings, Inc., Annual General Meeting, Jun 10, 2024 Atlanta Braves Holdings, Inc., Annual General Meeting, Jun 10, 2024, at 08:30 Mountain Standard Time. Agenda: To consider a proposal (which we refer to as the director election proposal ) to elect Brian M. Deevy to continue serving as a Class I member of our Board until the 2027 annual meeting of stockholders or his earlier resignation or removal; to consider a proposal (which we refer to as the auditors ratification proposal ) to ratify the selection of KPMG LLP as our independent auditors for the fiscal year ending December 31, 2024 and to consider other matters. Annuncio • Apr 11
Atlanta Braves Holdings, Inc. to Report Q1, 2024 Results on May 08, 2024 Atlanta Braves Holdings, Inc. announced that they will report Q1, 2024 results Pre-Market on May 08, 2024 New Risk • Mar 01
New major risk - Revenue and earnings growth Earnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$42m net loss next year). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • Feb 29
Full year 2023 earnings released: US$2.03 loss per share (vs US$0.65 loss in FY 2022) Full year 2023 results: US$2.03 loss per share (further deteriorated from US$0.65 loss in FY 2022). Revenue: US$640.7m (up 8.9% from FY 2022). Net loss: US$125.3m (loss widened 267% from FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Board Change • Jan 08
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Wonya Lucas is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Nov 08
Atlanta Braves Holdings, Inc. has filed a Follow-on Equity Offering. Atlanta Braves Holdings, Inc. has filed a Follow-on Equity Offering.
Security Name: Series C common stock
Security Type: Common Stock
Securities Offered: 1,811,066 Annuncio • Oct 28
Atlanta Braves Holdings, Inc. Announces the Retirement of Albert E. Rosenthaler as Chief Corporate Development Officer, Effective January 1, 2024 On October 20, 2023, Albert E. Rosenthaler notified Atlanta Braves Holdings, Inc. (the Company) of hisintention to retire from his position as Chief Corporate Development Officer of the Company, effective January1, 2024. Annuncio • Oct 07
Atlanta Braves Holdings, Inc. to Report Q3, 2023 Results on Nov 03, 2023 Atlanta Braves Holdings, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 03, 2023