Welcome to our dedicated page for WWE news (Ticker: WWE), a resource for investors and traders seeking the latest updates and insights on WWE stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WWE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WWE's position in the market.
WWE (NYSE: WWE) will report its Q2 2022 financial results on August 16, 2022, before the market opens. A conference call to discuss these results will begin at 8:30 a.m. ET, accessible via a live webcast on the company's website. Interested participants can join the call by dialing 855-200-4993 (toll-free) or 323-794-2092 (international), using conference ID 69300081. An earnings presentation will also be available on the website on the same day. A replay of the call will be accessible two hours post-conference.
WWE has announced the WrestleMania 39 Launch Party to be held on Thursday, August 11 at 7 pm PT at SoFi Stadium, Los Angeles. The event, featuring live in-ring matches and celebrity appearances, offers fans a chance to purchase WrestleMania tickets before the general public. Stars like Snoop Dogg and Becky Lynch are scheduled to appear. The WrestleMania events take place on April 1 and 2, 2023. Fans can register for free admission and parking at SoFiStadium.com/wmparty.
WWE has appointed Craig Stimmel as Senior Vice President and Head of Global Sales & Partnerships. Stimmel brings experience from roles at Snapchat, Procter and Gamble, and NCR. Reporting to Stephanie McMahon and Nick Khan, he will oversee WWE's sales operations and expand sponsorships and partnerships. Stimmel holds a Bachelor of Science in Business-Accounting from the University of Dayton.
WWE, listed on NYSE as WWE, is a global leader in entertainment, reaching over 1 billion homes worldwide.
WWE has declared a quarterly dividend of $0.12 per share for Class A and B shares of common stock. The record date is set for September 15, 2022, while the payment date is September 26, 2022. This decision underscores WWE's commitment to returning value to its shareholders.
As a global leader in entertainment, WWE delivers original content to a vast audience through various platforms. The company remains focused on family-friendly programming and its award-winning WWE Network, accessible in over 180 countries.
WWE, along with Philadelphia officials and the Eagles, announced that WrestleMania 40 will take place at Lincoln Financial Field on April 6 and 7, 2024. This iconic event marks WWE's return to Philadelphia after 25 years and will include a week-long celebration featuring Friday Night SmackDown, the WWE Hall of Fame Ceremony, and Monday Night Raw. The event has historically generated over $1.25 billion for host cities, highlighting its economic impact. Local leaders anticipate significant benefits for the economy and community outreach initiatives during WrestleMania week.
WWE has announced the appointment of Stephanie McMahon and Nick Khan as co-CEOs, following Vince McMahon's retirement on July 22. Alongside these leadership changes, WWE revealed preliminary financial results for the second quarter of 2022, projecting revenues around $328 million, a significant increase from $266 million in 2021. Operating income is expected to reach $70 million, up from $46 million the previous year. Adjusted OIBDA for the quarter is forecasted at $92 million, exceeding earlier guidance of $80-90 million.
Vince McMahon announces his retirement as Chairman and CEO of WWE at nearly 77 years old, expressing gratitude to fans, family, Superstars, and employees. He assures fans that WWE will maintain its commitment to entertainment and trusts the leadership of Co-CEOs Stephanie McMahon and Nick Khan. WWE, a leader in global entertainment, continues to deliver original content globally, reaching over 1 billion homes. McMahon will remain a majority shareholder and continue to support WWE, reinforcing his confidence in the company's ongoing success.
WWE (NYSE: WWE) announced that Paul Levesque has resumed his role as EVP, Talent Relations, effective immediately. Levesque expressed enthusiasm about returning to the position, stating he is healthy and ready to lead. WWE continues to deliver family-friendly entertainment globally, with content seen in over 1 billion homes and through various distribution partners. The press release also mentions potential risks, including the impact of COVID-19, competition in the media landscape, and uncertainties in international markets.
WWE has announced that WrestleMania tickets will go on sale on Friday, August 12 at 10 am PT, with the event set for April 1 and April 2 at SoFi Stadium, Los Angeles. Fans can purchase single and two-day combo tickets through Ticketmaster. Additionally, WrestleMania Priority Passes will be available on July 22 at 12 Noon ET through On Location, providing VIP experiences. Over 12 years, WrestleMania has generated over $1 billion in economic impact.
WWE (NYSE: WWE) has announced a multi-day talent tryout for college athletes during SummerSlam Week in Nashville, starting July 27. Over 50 athletes from sports like football, basketball, and wrestling will participate in evaluations and interviews at Wildhorse Saloon. Following a successful inaugural tryout before WrestleMania 38, WWE aims to enhance its talent pool. Fans can witness the SummerSlam Tryout Viewing Experience on July 29, with tickets starting at $20. SummerSlam will be live-streamed from Nissan Stadium on July 30.