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No you know eat a lot of food.
Wrestlers -- Tom slid.
Work out wrestlers death.
You would not eat -- you step into the ring with these guys write these guys are tough.
Soledad they'll break but -- the man is not she is the CEO of the -- -- -- joining us now for a first on Fox Business interview.
It is have a quarrel are quarterly earnings -- this morning Linda thank you for being with those great to seen him.
Thank you very much for having me I was just look at just what the question doesn't really contain -- -- your stock a little bit.
I -- miss by a penny on the earnings what do you tell your shareholders today.
Well you know.
Actually I think pretty much on whether anything we had you know one analyst who had a set different -- but by and large -- -- right on with our.
Now with our EPS and fourteen cents and I was dead.
But -- other analysts was that you know.
Our revenues took a bit of it a -- there is some softening in the economy but if you look at the fact that we had a little.
-- little off on our top line -- our operating income was pretty much flat quarter over quarter which you know in this economy I think was pretty good.
-- -- -- revenues were down I gotta say about 33%.
Me where was the work of the drop off in the revenues was it.
-- it was a Russell -- know was that that was answer because well driver well I think -- you have to look at and you probably aren't aware of this that wrestle mania.
-- in our second quarter this year and in its first quarter last year.
So you would have liked that may be thirty some million in revenue swing just simply from a timing issue.
-- -- -- Look but the same question where is it is it is it merchandise or is it gate tickets where is it that people are.
Are pulling back -- I see people going to the movie still there you know they're going for entertainment.
Why would think your tickets at the door would be okay.
We know our what we've done is look at a concert ticket prices and we have lowered.
Ticket prices in -- lower since we've seen no reduction in demand for -- higher priced tickets but what we've done this.
Is that -- all of our events and actually -- prices for the lower priced -- but more people in the buildings.
And actually that they protected the downside that way so that was a good thing for us to do.
But if you look at you know our video sales.
And and those products that you know affect the consumers putting kids in their pockets that softened.
Just for the general economy but our.
You know North American revenue was down about record for attendance was down about 3% allied attendance but it actually was up 3%.
So so we did some softening in those retail streams but.
You know we did what we said we were gonna do by reducing our operating overhead by twenty million dollars which is but operate operations and -- GA -- So we -- gonna deliver you know one -- keeping -- operating income -- Pretty flat Linda I've a friend actually that works for -- I want say her name on television but.
Globally she talks a lot of -- on global brand -- WW talks about the fan base that you have internationally if we're saying.
A little bit -- in North America do you forecast more growth internationally -- We know our.
Well in terms of -- about 22% of our revenue for the quarter about 40% of our profit.
But international growth as a place that we just -- constant upside in this week.
I look at you know art emea markets are emerging markets in Latin America and China there is tremendous growth across the globe for WWE and it's.
It's well received it's the formula that we used tear we introduce our product -- our television.
So as we upgrade our television platforms your reach more people than there obviously.
We follow it live events and folks got to live events then we had a licensing program in place and they -- -- consumer products.
So it's a very straightforward formula that has worked all across this country and is working on a global basis so.
Our growth internationally I think -- just yet to be saying we continue to work at a very hard.
-- -- did they hit movie the wrestler would Mickey Rourke have any impact in your business and and out what did you think of the movie.
You know -- the rest I felt was it was a very compelling moving movie.
I think it did depict.
Wrestling and -- -- bold and how some of our older even older stars would have ended their career not having planned for that day when there were no longer a big star.
So it was very moving movie it didn't having impact really on our business percent but it was fun to have -- -- wrestle mania that if he had little.
-- interaction with Ric Flair today I was just kind of fun to have him in the ring and it was fun this Palin and networks have to leave it there the CEO.
Well wrestling entertainment thank you so much your mailbox with us on -- thank you very nice.
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