This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Thank You SCOTUS, These 4 Companies LOVE Weddings

3. XO Group

Internet company XO Group (XOXO - Get Report) was started in the mid-1990s by David Liu and Carley Roney, a husband and wife team that saw a big opportunity for a wedding planning resource. The company's flagship brand, The Knot, has expanded to include resources for new homebuyers and parents through its two other brands, The Nest and The Bump. The company also includes WeddingChannel.com, which it acquired in 2006, and its wedding site in China, ljie.com.

The company's three lines of business are - merchandising, which includes the publication of books, videos, wedding planners and other e-commerce, ad sales and sponsorships, and registry services.

While the New York-based company faces competition from social media sites like Facebook (FB) and Pinterest, as well as more direct competitors like Martha Stewart Omnimedia (MSO), its flagship site, The Knot, has strong brand awareness.

XO Group's most recent quarterly performance report said the company posted a profit of $1.7 million, or 7 cents per diluted share on revenue of $30.3 million, beating bottom line estimates, but falling short on top line revenue.

"We are pleased with the strength in our advertising businesses this quarter, with strength across all platforms online and offline. However, we believe we still have a lot of opportunity to drive total revenue growth," CEO David Liu said in the earnings release. "Our teams are working tirelessly to create new products, tools, and services across our brands and platforms. To this end, we recently launched our mobile optimized e-commerce site, and in the coming months we plan to roll out additional products which will connect our brides, newlyweds, and new parents with the relevant retailers and vendors during the critical 'five years of firsts' life stages."

Shares of XO Group have risen 20% in 2013.

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BBBY $71.76 0.00%
DISCA $33.15 0.00%
JWN $75.23 0.00%
SIG $136.64 0.00%
XOXO $16.46 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs