Madison Square Garden Entertainment Logs 2Q Profit Jump

Dow Jones

Feb 03

By Elias Schisgall

Madison Square Garden Entertainment logged a jump in profit in the fiscal second quarter as the company reported strong sales for its Christmas Spectacular production boosting revenue.

The live-entertainment company on Tuesday posted a profit of $92.7 million, or $1.94 a share, compared with a profit of $75.9 million, or $1.56 a share, a year earlier. Analysts polled by FactSet were expecting $2.28 a share.

Revenue rose to $459.9 million, up from $407.4 million a year earlier. Analysts polled by FactSet had expected $452.1 million.

Entertainment revenue jumped 13% to $360.5 million, driven in part by the Christmas Spectacular, which sold 1.2 million tickets compared to 1.1 million a season earlier. License fees and other leasing revenues rose 18% to $35.2 million, while food, beverage, and merchandise rose 8% to $64.3 million.

Chief Executive Officer James Dolan said the company is on track to drive revenue and adjusted operating income growth through the rest of the fiscal year.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 03, 2026 07:47 ET (12:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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License fees and other leasing revenues rose 18% to $35.2 million, while food, beverage, and merchandise rose 8% to $64.3 million. \n\n\n  Chief Executive Officer James Dolan said the company is on track to drive revenue and adjusted operating income growth through the rest of the fiscal year. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2026 07:47 ET (12:47 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}