WWE Q2 Earnings and Q&A with Brandon Thurston | POST News 8/16

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🗓️ 16 August 2022

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

John Pollock is joined by Brandon Thurston of Wrestlenomics to discuss WWE’s second-quarter earnings report and call with analysts.

The two discuss the major items covered, the state of the company, details on the investigation into Vince McMahon, WrestleMania ticket sales, and increasing their guidance for the remainder of the year.

Video version: https://www.youtube.com/watch?v=QFb0_IMzXAE

Transcript

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0:00.0	It is John Pollock and oh how I have missed that music for the a special edition of the
0:13.5	post daily new show because we are coming out of yes, it is a very nostalgic for me.
0:19.8	Am I every day at one o'clock that that sound that would just go through my my entire head
0:24.3	as the world was spinning but we had an impromptu earnings report this week Brandon just just
0:30.8	like that boom we've got a earnings report to drop that they announced Monday afternoon
0:37.1	and we're going to go into all of the the report that came out earlier today and the much
0:43.0	anticipated call with all of the analysts but what did you make first of all of just
0:47.9	this very impromptu announcement Monday afternoon I mean we knew this report was coming
0:52.3	but I mean I read it so fast I'm just thinking to myself oh okay we've got a week's notice
0:57.5	and then I'm realizing the date wait a minute this is tomorrow morning at 8 30 in the morning
1:02.4	and they were dropping the documents I I think I saw them come into my inbox before seven.
1:06.9	Yeah when the when I put on my tinfoil hat I feel like they they're they're tracking my location
1:13.0	they when they made the announcement that there's an additional five million dollars of
1:17.3	unrequited payments I was driving I pulled over got off the three way pulled over into like a truck
1:21.7	parking lot and looked at the filing and the yesterday they dropped the 10 q which is the the long
1:29.7	report the most detailed quarterly report the most detailed piece of information that they
1:34.5	publish their quarter and I was not expecting that at all I figured you know it would be maybe
1:38.9	posted around this time today so they they they're keeping me on my guard here I guess I expected
1:46.6	um I expected it to be Tuesday or Thursday I mean we we mentioned that on Sunday on rustic
1:51.6	radio that you know Tuesday and Thursday is usually the time that they want to do this uh I think
1:57.3	just for stock market timing reasons and I you know they were obviously late here I I expected if
2:03.4	this is a normal situation for them to do their earnings call on August 4th that obviously didn't
	...

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