Williams-Sonoma, Inc. (WSM) is scheduled to release second-quarter fiscal 2024 results on Aug 22, before market open. In the first quarter of fiscal 2024, Williams-Sonoma delivered strong financial results, with earnings per share (EPS) of $2.04, surpassing expectations by 65 cents, despite a 5.4% year-over-year revenue decline to $1.66 billion. The company achieved a 19.5% operating margin, boosted by a $49 million reversal of freight-related accruals. Without this adjustment, the margin was 16.6%. WSM's s ...

Williams-Sonoma (WSM) closed the latest trading day at $141.03, indicating a +1.74% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.61% for the day. On the other hand, the Dow registered a gain of 1.39%, and the technology-centric Nasdaq increased by 2.34%. The seller of cookware and home furnishings's stock has dropped by 7.64% in the past month, falling short of the Retail-Wholesale sector's loss of 4.92% and the S&P 500's loss of 2.88%. The investment ...

Core Viewpoint - Williams-Sonoma is positioned to potentially continue its earnings-beat streak in the upcoming report, having shown a strong history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 27.14% [1] Earnings Performance - For the last reported quarter, Williams-Sonoma achieved earnings of $2.04 per share, surpassing the Zacks Consensus Estimate of $1.39 per share by 46.76%. In the previous quarter, the company reported earnings of $2.72 per share against an expectation of $2.53 per share, resulting in a surprise of 7.51% [2] Earnings Estimates - Recent estimates for Williams-Sonoma have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat, especially when combined with its Zacks Rank [3][6] Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time, suggesting a high probability of exceeding consensus estimates [4] Earnings ESP Definition - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide a more accurate prediction of earnings [5] Current Earnings ESP - Williams-Sonoma currently has an Earnings ESP of +15.87%, indicating that analysts are optimistic about the company's earnings prospects, which, when combined with its Zacks Rank 3, suggests a potential for another earnings beat [6] Importance of Earnings ESP - While many companies may beat consensus EPS estimates, the Earnings ESP is a crucial metric to assess before quarterly releases, as it can significantly increase the odds of success in predicting stock movements [7]

Williams-Sonoma (WSM) closed the most recent trading day at $137.79, moving -0.92% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.77%. Meanwhile, the Dow lost 0.6%, and the Nasdaq, a tech-heavy index, lost 1.05%. The the stock of seller of cookware and home furnishings has fallen by 2.21% in the past month, leading the Retail-Wholesale sector's loss of 7.43% and the S&P 500's loss of 5.85%. Analysts and investors alike will be keeping a close eye on the p ...

Williams-Sonoma (WSM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this seller of cookware and home furnishings have returned -2.2% over the past month versus the Zacks S&P 500 composite's -5.9% change. The Zacks Retail - Home Furnishings industry, to which WilliamsSonoma belongs, has gained 6.3% over this period. Now the key question is: Where could the stock be h ...

The seller of cookware and home furnishings's shares have seen an increase of 10.14% over the last month, surpassing the Retail-Wholesale sector's loss of 2.44% and the S&P 500's loss of 0.21%. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Retail - Home Furnishings industry is part of the Retail- ...

Williams-Sonoma (WSM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analyst ...

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 9.78% lower. WilliamsSonoma currently has a Zacks Rank of #3 (Hold). The upcoming earnings release of Williams-Sonoma will be of great interest to investors. The company's earnings per share (EPS) are projected to be $1. ...

West Elm, a portfolio brand of Williams-Sonoma, Inc. (WSM) announces the launch of a new home furnishings collection in collaboration with the celebrity chef Marcus Samuelsson. The collection is exclusively available on West Elm's online platform and select retail locations. Williams-Sonoma leverages the market demand patterns for its accretive partnerships, which serve a wide range of categories, aesthetics, and life stages and helps to stimulate growth prospects despite the ongoing macroeconomic challenge ...

This multi-channel specialty retailer of premium quality home products has also broadly outperformed its peer companies like RH (RH) , down 16.9% YTD), Haverty Furniture Companies, Inc. (HVT) , down 32.4%) and Ethan Allen Interiors Inc. (ETD) , down 15.3%). Williams-Sonoma is reaping the rewards of its strategic focus on diversifying its product portfolio and establishing a sustainable operating model with the competitive advantage of a digital-first but not digital-only channel strategy. With a robust e-co ...