WWE issued the following press release this morning:
WWE Makes Forbes Best List
October 13, 2008
World Wrestling Entertainment has made Forbes 2008 list of “200 Best Small Companies.”
Forbes annual list of Best Small Companies identifies the strongest small public outfits. To qualify, companies must have sales between $5 million and $750 million and a stock price of $5 as of Sept. 29. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and also over five years. Forbes also compares company stock performance with industry peers.
WWE is proving its metal in these tough times. The company’s stock has only lost 7% of its value year to date*, whereas the S&P 500 has lost over 32 points. This performance is in addition to WWE’s 10.5% dividend yield.
To see an interview with Linda McMahon on Forbes.com, go to:
SHOCKING John Cena Return *SPOILER* – We’re The ONLY Site With THIS (Unreal) [>>]