Shares of home-goods retailer Williams-Sonoma (WSM 27.40%) absolutely skyrocketed on Wednesday after the company reported financial results for the third quarter of 2024. As of noon ET, Williams-Sonoma stock was up 31% and hitting all-time highs. Williams-Sonoma is giving back to shareholders Williams-Sonoma stock is now up 77% so far in 2024 and up 100% over the past year. But its full-year revenue is expected to drop 1.5% to 3% compared with 2023 -- hardly what one would expect for a company with a soarin ...

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling by more than 100 points on Wednesday. The Dow traded down 0.27% to 43,153.13 while the NASDAQ fell 0.88% to 18,820.86. The S&P 500 also fell, dropping, 0.63% to 5,879.70. Check This Out: Jim Cramer Likes Devon Energy, But Calls Another Stock 'Far Superior' Leading and Lagging Sectors Health care shares rose by 0.7% on Wednesday. In trading on Wednesday, consumer discretionary shares fell by 1.2%. Top Headline The EIA said c ...

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- ...

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Williams-Sonoma, Inc. (NYSE:WSM) Q3 2024 Earnings Conference Call November 20, 2024 10:00 AM ET Company Participants Jeremy Brooks - Chief Accounting Officer and Head of IR Laura Alber - President and CEO Jeff Howie - CFO Conference Call Participants Cristina Fernandez - Telsey Advisory Group Peter Benedict - Baird Kate McShane - Goldman Sachs Jonathan Matuszewski - Jefferies Simeon Gutman - Morgan Stanley Max Rakhlenko - TD Cowen Chuck Grom - Gordon Haskett Brian Nagel - Oppenheimer Oliver Wintermantel - E ...

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) 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 NYSE: WSM offers everything an investor could want and more, making it a stock worthy of buy-and-hold status. Its quality is centered on the brand and operations, which CEO Laura Alber stewards. The results of her tenure include growth, operational improvement, market share gain, increased brand loyalty, and robust cash flow, allowing for sustained re-investment in the business while maintaining a fortress balance sheet and a healthy capital return. Regarding capital returns, the payment fro ...

Exhibit 99.1 Williams-Sonoma, Inc. announces third quarter 2024 results Q3 comparable brand revenue -2.9% Q3 operating margin of 17.8%; diluted EPS growth of 7.1% to $1.96 New stock repurchase authorization of $1 billion Raises full-year 2024 outlook San Francisco, CA, November 20, 2024 – Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the third quarter ended October 27, 2024 versus the third quarter ended October 29, 2023. "We are pleased with the results of our third quarter, beati ...

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 ...