World Wrestling Entertainment

World Wrestling Entertainment, Inc. is an integrated media and entertainment company. The firm is engaged in the production and distribution of content through various channels including the premium over-the-top network monetized through license arrangements or through direct-to-consumer subscriptions, content rights agreements, premium live event programming, filmed entertainment, live events, licensing of various WWE themed products, and the sale of consumer products featuring its brands. It operates through the following business segments: Media, Live Events, and Consumer Products. The Media segment reflects the production and monetization of long-form and short-form video content across various platforms including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The Live Events segment revenues consist of ticket sales and revenues from events for which it receives a fixed fee, as well as the sale of travel packages associated with the firm's global live events. The Consumer Products segment is engaged in the merchandising of WWE branded products, such as video games, toys and apparel, through licensing arrangements and direct-to-consumer sales. The company was founded by Vincent Kennedy McMahon in 1980 and is headquartered in Stamford, CT.

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

World Wrestling Entertainment is an American sports entertainment and integrated media company.

Comcast

Eventbrite

Live Nation

How the pandemic has changed the industry from sports to concerts.

How Coronavirus Has Affected Live Events

Shares of World Wrestling Entertainment Inc. WWE, +3.10% surged 3.7% in morning trading Friday, after Benchmark analyst Mike Hickey went back to being bullish on the professional wrestling and media company, saying he was more encouraged on valuation as an "economic reset strategy" amid the COVID-19 pandemic has become more visible.

WWE's stock surges toward longest win streak in 4 1/2 years; Benchmark analyst gets bullish again

The moves are part of a wider effort to contain costs during the pandemic.

WWE Cutting Expenses, Releasing Wrestlers Due to Coronavirus

World Wrestling Entertainment, Inc. (NYSE: WWE) shares rallied more than 4% on Thursday morning after the company announced an aggressive round of talent layoffs and furloughs.

Wall Street Cheers WWE's Massive Round Of Wrestler Layoffs

WWE is facing harsh criticism after making significant roster cuts despite substantial financial resources.

WWE Criticized For Cutting Hundreds Of Staff Despite Having Over $500 Million In Cash Reserves

World Wrestling (WWE) furloughs part of its workforce amid the coronavirus chaos. It has also decided to cut expenses to stay financially strong in such tough times.

World Wrestling Cuts Costs & Furloughs Workers Amid Coronavirus

WWE won't have a number of big stars for several months or more, giving the company a great opportunity to create new stars.

WWE Will Be Without Several Major Stars For An Extended Period

“It's not about a title anymore. It's about my life.

WWE Axes Stars, Despite Florida's Determination That Wrestling Is 'Essential' Business

World Wrestling Entertainment may have gotten a win this week when the state of Florida deemed its matches in Orlando “essential services,” but the company said Wednesday it is implementing a range of COVID-19 cutbacks.

WWE Sets Furloughs, Exec Pay Cuts In Plan To Save $4M In Monthly Costs

World Wrestling Entertainment Inc.  said Wednesday it is reducing executive and board member compensation, cutting operating costs, and deferring spending on its new headquarters for at least six months, as it works to combat the impact of the coronavirus pandemic.

WWE is cutting executive and board member pay, cutting costs as it works to combat effect of COVID-19

Wrestling broadcaster WWE has been classed as an "essential business" by the state of Florida.

WWE declared 'essential business' during lockdown in Florida

Florida Gov. Ron DeSantis gave a green light to the WWE to resume its programs as the deadly coronavirus continues to spread globally.

Pro wrestling company WWE is an essential business during the coronavirus pandemic, Florida Gov. DeSantis says

WWE boss Vince McMahon has called for Raw, SmackDown and NXT to air live again, and that reportedly isn't sitting well with "a lot" of superstars.

WWE Is Going Live Again, And Its Superstars Aren’t Happy

World Wrestling Entertainment, Inc. (NYSE: WWE) has had a brutal 2020 up to this point, but at least one analyst said Thursday the company could still have a record year.

WWE Could Still Have A Record Year In 2020

WWE has reportedly cancelled all live events through April, and that should be a sign of things to come.

WWE Cancels All Live Events Through April, And Another Huge Change Should Be Next

As the novel coronavirus (COVID-19) renders pro wrestling an empty-arena sport, viewership patterns for WWE are beginning to crater.

WWE Viewership Is Tanking For Coronavirus-Impacted Shows

World Wrestling Entertainment shares moved lower during Wednesday's session after Loop Capital cut the stock to Sell with a $30 price target.

WWE Stock Fails to Break Out After Analyst Downgrade

So far, 2020 has been a brutal year for stock investors, but some stocks have been hit much harder than others.

How Much Damage Could The Coronavirus Have WWE's Live Event Business?

WWE (WWE) reported earnings 30 days ago. What's next for the stock?

WWE (WWE) Down 4% Since Last Earnings Report: Can It Rebound?

WWE Super ShowDown 2020 continued the lackluster booking of Seth Rollins, whose heel run has already been badly mishandled.

WWE Super ShowDown 2020 Results: Seth Rollins Is Already Losing Steam As A Heel

Buying The World Wrestling Entertainment Dip, Ohhh Yeah

The stock is hurting following recent management changes and disappointing earnings.

With Shares Down More Than 30% in 2020, Is WWE a Buy?

WWE stock was red hot in 2018. Now, it's ice cold, and current weakness may last for several more months given persistent headwinds.

Why It’s Probably Best to Hold Off on Buying the Dip in WWE Stock

On Sunday, WWE unveiled the first episode of its new limited documentary series on WWE Network, Ruthless Aggression, covering the early to mid-2000s in the company. In the process, they told a massive whopper about why the company changed its name from WWF to WWE in 2002.

Correcting The Record On Why The WWF Changed Its Name To WWE

A top hedge fund manager has sold off nearly three million WWE shares amid the stock's continued decline.

News for World Wrestling Entertainment Stock (WWE)