World Wrestling Entertainment, Inc. (WWE) announced that it issued a revised business outlook, targeting average annual earnings growth between 15% to 20% over the 2009 through 2012 period. The revised outlook is based on a comprehensive review of the Company's operations.
Vince McMahon, Chairman and Chief Executive Officer, said, "We believe we can achieve meaningful growth by strengthening our global expansion and television distribution, leveraging our new partnership with Mattel and continuing to improve operating efficiency.
He went on to add that through disciplined cost management, the company expects its operating leverage to deliver outstanding earnings growth with even moderate increases in revenue.
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