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MSG Sports has filed a registration statement with regulators for a new company to manage the New York Rangers business separately from its New York Knicks operations.
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports” or the “Company”) today announced that it is continuing to make progress on the proposed spin-off of its New York Rangers business from its New York Knicks business, with the public filing of a Form 10 Registration Statement for the new Rangers company with the U.S. Securities and Exchange Commission. As previously announced, the proposed transaction would create two distinct publicly traded companies. Foll.
Madison Square Garden NYSE: MSGS reported fiscal 2026 revenue of $1.15 billion and adjusted operating income of $58.7 million, as the New York Knicks' championship run drove higher ticketing, merchandise, sponsorship and in-arena spending.
Madison Square Garden Sports Corp. reported strong fiscal Q4 results, driven by fan engagement as the New York Knicks won the 2025-26 NBA Championship. Team valuations have continued to rise, and MSGS's planned spin-off of the New York Rangers has helped MSGS stock's valuation. There still isn't an attractive investment case in MSGS stock; investors are taking part in a speculative asset class without being able to cash in through a team sale.
Madison Square Garden Sports Corp. (MSGS) Q4 2026 Earnings Call Transcript
Madison Square Garden (MSGS) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to a loss of $0.07 per share a year ago.
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2026. The fiscal 2026 fourth quarter and full year were highlighted by the New York Knicks (the “Knicks”) winning the 2025-26 NBA Championship. In addition, the Company's fiscal 2026 fourth quarter and full-year results reflect increases in average per-game revenues for every in-arena revenue category – tickets, suites, sponsorshi.
Madison Square Garden Sports Corp. (NYSE: [url="]MSGS[/url]) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended Ju