Trading Williams-Sonoma: Scary Sales Print, But Monster Margins
Williams-Sonoma has positives including a recent stock split, ongoing business strength, and management execution despite market challenges. Consider buying into weakness in the fall, especially during market selloffs, with target entry points and exit strategy outlined. The company saw strong margin expansion, solid balance sheet, and shareholder-friendly practices, making it an attractive long-term investment option.
Williams-Sonoma Stock Sinks as Retailer Cuts Full-Year Revenue Outlook
Shares of Williams-Sonoma (WSM) tumbled in intraday trading Thursday as comparable sales fell more than expected across a number of the company's brands, leading the retailer to cut its full-year outlook.
Why Williams-Sonoma Stock Was Falling Today
Williams-Sonoma missed top-line estimates and cut its sales forecast. Gross margin jumped and the company improved its operating margin forecast.
Williams-Sonoma, Inc. (WSM) Q2 2024 Earnings Call Transcript
Williams-Sonoma, Inc. (NYSE:WSM ) Q2 2024 Results Conference Call August 22, 2024 10:00 AM ET Company Participants Jeremy Brooks - Chief Accounting Officer and Head of IR Laura Alber - President and CEO Jeff Howie - EVP and CFO Conference Call Participants Chuck Grom - Gordon Haskett Peter Benedict - Baird Cristina Fernandez - Telsey Advisory Group Brian Nagel - Oppenheimer Simeon Gutman - Morgan Stanley Maksim Rakhlenko - TD Cowen Marni Shapiro - Retail Tracker Seth Basham - Wedbush Securities Steven Zaccone - Citi Operator Welcome to the Williams-Sonoma, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.
WSM Stock Earnings: Williams-Sonoma Beats EPS, Misses Revenue for Q2 2024
Williams-Sonoma (NYSE: WSM ) just reported results for the second quarter of 2024. Williams-Sonoma reported earnings per share of $1.74.
Williams-Sonoma (WSM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Williams-Sonoma (WSM) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Williams-Sonoma (WSM) Surpasses Q2 Earnings Estimates
Williams-Sonoma (WSM) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.56 per share a year ago.
Williams-Sonoma's stock slides 13% after revenue miss
Williams-Sonoma Inc.'s stock WSM, +4.52% tumbled 13% early Thursday, after the household goods retailer's fiscal second-quarter sales lagged consensus. The company had net income of $225.7 million, or $1.74 a share, for the quarter to July 28, up from $201.5 million, or $1.56 a share, in the year-earlier period.
Williams-Sonoma (WSM) Q2 Earnings Loom: Buy, Sell or Wait?
Williams-Sonoma (WSM) Q2 results are likely to reflect furniture demand given high mortgage rates. Yet, enhanced operational efficiency and strategic expansion efforts are positives.
Williams-Sonoma (WSM) Outperforms Broader Market: What You Need to Know
Williams-Sonoma (WSM) reachead $141.03 at the closing of the latest trading day, reflecting a +1.74% change compared to its last close.
Why Williams-Sonoma (WSM) Could Beat Earnings Estimates Again
Williams-Sonoma (WSM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Williams-Sonoma (WSM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Williams-Sonoma (WSM) closed at $137.79, marking a -0.92% move from the previous day.
