Williams-Sonoma(WSM)
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Williams-Sonoma Up 45% in a Month: A Winning Bet in Home Furnishings?
ZACKS· 2024-12-17 21:00
Williams-Sonoma, Inc. (WSM) has been on an impressive run, with its stock surging nearly 45% over the past month. This performance significantly outpaces the Zacks Retail - Home Furnishings industry’s 0.3% growth, the Zacks Retail-Wholesale sector’s increase of 7.7% and the S&P 500’s modest 3.4% rise. Strong earnings and a focus on product innovation, marketing, and e-commerce investments, including AI, have been driving growth.Since the company’s third-quarter fiscal 2024 earnings release on Nov. 20, inves ...
Williams-Sonoma Stock Skyrockets 30% on Outlook Boost, Earnings that Beat Estimates
Investopedia· 2024-11-20 17:30
KEY TAKEAWAYSShares of Williams-Sonoma Inc. surged as much as 31% in intraday trading Wednesday, after the retailer posted better-than-expected quarterly results and raised its full-year sales guidance despite what it called a “difficult environment.”Williams-Sonoma also updated its fiscal 2024 outlook for revenue and its operating margin.The retailer's stock is up about 77% this year. Shares of Williams-Sonoma Inc. (WSM) surged as much as 31% in intraday trading Wednesday, after the retailer posted better- ...
Williams-Sonoma: Lock In Big Trading Gains, Let Profit Run
Seeking Alpha· 2024-11-20 17:21
The Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within the ...
Williams-Sonoma (WSM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-20 15:31
Williams-Sonoma (WSM) reported $1.8 billion in revenue for the quarter ended October 2024, representing a year-over-year decline of 2.9%. EPS of $1.96 for the same period compares to $1.83 a year ago.The reported revenue represents a surprise of +1.47% over the Zacks Consensus Estimate of $1.77 billion. With the consensus EPS estimate being $1.76, the EPS surprise was +11.36%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Williams-Sonoma (WSM) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-11-20 15:10
Williams-Sonoma (WSM) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.36%. A quarter ago, it was expected that this seller of cookware and home furnishings would post earnings of $1.64 per share when it actually produced earnings of $1.74, delivering a surprise of 6.10%.Over the la ...
Williams-Sonoma Stock Before Q3 Earnings: To Buy or Not to Buy?
ZACKS· 2024-11-19 14:41
Williams-Sonoma, Inc. (WSM) is scheduled to release third-quarter fiscal 2024 results on Nov. 20, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Williams-Sonoma reported mixed results for second-quarter fiscal 2024 (ended July 30). The company’s earnings beat the Zacks Consensus Estimate, but net revenues missed the same. On a year-over-year basis, the top line declined 4% from a year ago, but the bottom line increased 11.5% from a year ago on the back of the 2-f ...
Here is What to Know Beyond Why Williams-Sonoma, Inc. (WSM) is a Trending Stock
ZACKS· 2024-11-07 15:00
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.Over the past month, shares of this seller of cookware and home furnishings have returned -10.5%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Retail - Home Furnishings industry, which Williams-Sonoma falls in, has lost 9.1%. The key question now is: What could be the s ...
Williams-Sonoma (WSM) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-11-05 23:51
Company Performance - Williams-Sonoma's stock closed at $134.83, reflecting a -0.28% change from the previous day, underperforming the S&P 500's gain of 1.23% [1] - The company has seen a 9.63% decline in share price over the past month, while the Retail-Wholesale sector gained 0.58% and the S&P 500 lost 0.54% during the same period [1] Earnings Estimates - Analysts predict Williams-Sonoma will report an EPS of $1.76, indicating a 3.83% decline year-over-year, with a revenue estimate of $1.78 billion, reflecting a 4.17% decrease from the same quarter last year [2] - For the full year, earnings are projected at $7.99 per share and revenue at $7.53 billion, representing changes of +7.54% and -2.78% respectively from the prior year [3] Analyst Sentiment - Recent adjustments to analyst estimates for Williams-Sonoma may indicate shifting business dynamics, with positive revisions suggesting optimism about the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Williams-Sonoma at 3 (Hold), with no changes in the EPS estimate over the last 30 days [6] Valuation Metrics - Williams-Sonoma is trading at a Forward P/E ratio of 16.93, which is below the industry average of 19.43, indicating a discount relative to its peers [7] - The company's PEG ratio stands at 2.66, compared to the industry average PEG ratio of 2.08, suggesting a higher valuation relative to projected earnings growth [7] Industry Context - The Retail - Home Furnishings industry, part of the Retail-Wholesale sector, ranks 220 in the Zacks Industry Rank, placing it in the bottom 13% of over 250 industries [8] - Historical data indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Why Williams-Sonoma (WSM) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-11-01 17:11
Core Viewpoint - Williams-Sonoma has consistently surpassed earnings estimates and is well-positioned for future earnings growth, making it a strong candidate for investment consideration [1][3]. Earnings Performance - In the last reported quarter, Williams-Sonoma achieved earnings of $1.74 per share, exceeding the Zacks Consensus Estimate of $1.64 per share by 6.10% [2]. - In the previous quarter, the company reported earnings of $2.04 per share against an expected $1.39 per share, resulting in a significant surprise of 46.76% [2]. Earnings Estimates and Predictions - Estimates for Williams-Sonoma have been trending upward, influenced by its history of earnings surprises [3]. - The company currently has a positive Earnings ESP of +0.29%, indicating increased analyst optimism regarding its near-term earnings potential [6]. Zacks Rank and Earnings ESP - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [4][6]. - The Earnings ESP metric is based on the Most Accurate Estimate compared to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5]. Importance of Earnings ESP - Monitoring a company's Earnings ESP before quarterly releases is crucial for increasing the likelihood of successful investment outcomes [7].
Williams-Sonoma (WSM) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-10-28 23:06
Williams-Sonoma (WSM) closed the latest trading day at $132.50, indicating a -1.68% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.27%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.26%.Shares of the seller of cookware and home furnishings have depreciated by 12.69% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 0.61% and the S&P 500's gain of 2%.Market participants will be closel ...