We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
World Wrestling Entertainment to Unveil Online Shop in India
Read MoreHide Full Article
World Wrestling Entertainment, Inc. is all set to launch its first ever WWE shop, the official online source of WWE merchandise, in India beginning Apr 3. This is great news for lovers of the sport in India. Moreover, WWE mega event of the year, WrestleMania will also be broadcasted on the day of the launch of eCommerce platform in India.
The fans will be able to place orders for their favorite WWE merchandise like genuine WWE superstar apparel as well as accessories, WWE replica championship titles, console games, trading cards, toys, collectibles, stationery to name a few. on WWEShop.in.
Considering the huge fan base of WWE in India, we believe the company’s decision to launch WWE shop will drive the top line. The year 2016, registered record revenue generation in the history of the WWE, with the company reporting its highest revenue ever. The company’s record revenues were mainly driven by a substantial increase in revenues in North America, Europe/Middle East/Africa (EMEA) and gain in WWE Network’s total subscriber base.
In order to boost WWE Network’s revenues, the company has been implementing certain strategies including the development of fresh content, execution of customer acquisition and retention programs. Moreover, the company is increasing distribution platform, introducing new features and foraying into new locations. Further, WWE Network is available in the Indian Subcontinent, Germany, Austria, Malaysia, Switzerland and Japan.
The Zacks Rank #4 (Sell) company’s shares have underperformed the Zacks categorized Movie/TV Production/Distribution industry in the past six months. The company’s shares have increased 6.5%, underperforming the Zacks categorized industry’s gain of 20.9%.
Shares of Central European Media Enterprises have gained more than 29% in the past six months.
Salem Media Group has delivered positive earnings in the trailing four quarter, with an average beat of 53.8%.
AMC Networks has an impressive long-term earnings growth rate of 9%.
The Best Place to Start Your Stock Search
Today, you are invited to download the full list of 220 Zacks Rank #1 ""Strong Buy"" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 ""Strong Sells"" and other private research.See these stocks free >>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
World Wrestling Entertainment to Unveil Online Shop in India
World Wrestling Entertainment, Inc. is all set to launch its first ever WWE shop, the official online source of WWE merchandise, in India beginning Apr 3. This is great news for lovers of the sport in India. Moreover, WWE mega event of the year, WrestleMania will also be broadcasted on the day of the launch of eCommerce platform in India.
The fans will be able to place orders for their favorite WWE merchandise like genuine WWE superstar apparel as well as accessories, WWE replica championship titles, console games, trading cards, toys, collectibles, stationery to name a few. on WWEShop.in.
Considering the huge fan base of WWE in India, we believe the company’s decision to launch WWE shop will drive the top line. The year 2016, registered record revenue generation in the history of the WWE, with the company reporting its highest revenue ever. The company’s record revenues were mainly driven by a substantial increase in revenues in North America, Europe/Middle East/Africa (EMEA) and gain in WWE Network’s total subscriber base.
In order to boost WWE Network’s revenues, the company has been implementing certain strategies including the development of fresh content, execution of customer acquisition and retention programs. Moreover, the company is increasing distribution platform, introducing new features and foraying into new locations. Further, WWE Network is available in the Indian Subcontinent, Germany, Austria, Malaysia, Switzerland and Japan.
The Zacks Rank #4 (Sell) company’s shares have underperformed the Zacks categorized Movie/TV Production/Distribution industry in the past six months. The company’s shares have increased 6.5%, underperforming the Zacks categorized industry’s gain of 20.9%.
Stocks to Consider
Better-ranked stocks worth considering include Central European Media Enterprises Ltd. , Salem Media Group, Inc. (SALM - Free Report) and AMC Networks Inc. (AMCX - Free Report) . All these stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Central European Media Enterprises have gained more than 29% in the past six months.
Salem Media Group has delivered positive earnings in the trailing four quarter, with an average beat of 53.8%.
AMC Networks has an impressive long-term earnings growth rate of 9%.
The Best Place to Start Your Stock Search
Today, you are invited to download the full list of 220 Zacks Rank #1 ""Strong Buy"" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 ""Strong Sells"" and other private research. See these stocks free >>