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) 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 ...

Investors in Williams-Sonoma, Inc. (WSM) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $70 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could als ...

The most recent trading session ended with Williams-Sonoma (WSM) standing at $139.90, reflecting a +0.1% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.05%. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.18%.Coming into today, shares of the seller of cookware and home furnishings had lost 8.91% in the past month. In that same time, the Retail-Wholesale sector gained 1.71%, while the S&P 500 gained 2.76 ...

Williams-Sonoma (WSM) ended the recent trading session at $146.12, demonstrating a +1.23% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.87%. Heading into today, shares of the seller of cookware and home furnishings had lost 0.11% over the past month, lagging the Retail-Wholesale sector's gain of 5.56% and the S&P 500's gain of 4.87% in that time. The investment commu ...

Core Viewpoint - Williams-Sonoma's stock experienced a significant rebound in September, driven by strong profitability despite a projected decline in revenue [1][4]. Financial Performance - In August, Williams-Sonoma reduced its full-year revenue expectations, forecasting a decline of at least 1.5% instead of the previously anticipated 3% growth [2]. - The company raised its full-year operating margin guidance from 17% to a range of 17.4% to 17.8% [3]. - Despite a potential drop in revenue, Williams-Sonoma is expected to maintain similar operating profit levels, which attracted attention from Wall Street analysts [4]. Market Context - The company operates retail chains including Williams Sonoma, Pottery Barn, and West Elm, which saw a surge in demand during the COVID-19 pandemic, leading to record revenue [5]. - Following the pandemic, revenue has decreased from its peak, but this trend is seen as a natural adjustment as consumer behavior shifts [6]. Profitability Trends - Williams-Sonoma's operating margin has continued to increase, which is a positive sign for shareholders [7]. - The company has a history of stock buybacks and impressive dividend growth, making it attractive for dividend-focused investors [8]. Dividend Information - On September 12, Williams-Sonoma announced a dividend of $0.57 per share, scheduled for distribution on November 22 to shareholders holding shares by October 18 [8].

In the latest market close, Williams-Sonoma (WSM) reached $154.92, with a +0.37% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.42%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.38%. Coming into today, shares of the seller of cookware and home furnishings had gained 14.9% in the past month. In that same time, the Retail-Wholesale sector gained 6.34%, while the S&P 500 gained 2.06%. The investment community ...

Core Viewpoint - The underlying demand trend for Williams-Sonoma, Inc. (NYSE:WSM) remains uncertain, leaning towards a negative outlook due to 2Q24 performance and macroeconomic data [3][11]. Company Overview - Williams-Sonoma, Inc. is a home furniture retailer operating key brands such as Williams-Sonoma, Pottery Barn, West Elm, and Pottery Barn Kids, with sales split between 34% retail and 66% e-commerce as of 2Q24, and operates 521 stores, generating 96% of revenue from the United States [4]. Earnings Results Update - In 2Q24, WSM reported a revenue decline of 4% year-over-year to approximately $1.8 billion, with comparable sales down 3.3%. Gross margin improved by 550 basis points to 46.2%, but SG&A as a percentage of sales increased by 390 basis points. EBIT grew by 6.8% year-over-year, resulting in an EPS increase of 11.4% to $1.74. Management has lowered FY24 revenue growth guidance to a range of -4% to -1.5% [5]. Demand Trend Is Uncertain - Current macro conditions indicate an uncertain demand environment for WSM, with mortgage rates potentially decreasing, which could boost home purchases and furniture demand. However, consumers are currently reducing discretionary spending, and confidence in the macro outlook remains low [6][7]. Gross Margin Has A Good Outlook - The outlook for gross margin expansion appears positive, driven by lower input costs, a strategy to sell products at full price, and supply chain efficiencies. These factors contributed to the 550 basis points expansion in the latest quarter [8][9]. Valuation Is Really Expensive - Despite a solid gross margin outlook, the current negative sales trend limits potential EPS growth. WSM is trading at a forward P/E of 16x, near its all-time high of 20x, while historically trading between 5x to 11x. The market seems to be pricing in expectations for a strong near-term recovery, which may not materialize [10]. Conclusion - The neutral view on WSM stems from prevailing macroeconomic conditions and recent sales declines, indicating an uncertain near-term demand outlook. While gross margin prospects are positive, the current valuation appears overly optimistic, risking a significant downward revision if expectations do not materialize [11].

Williams-Sonoma (WSM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this seller of cookware and home furnishings have returned -12.7% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Retail - Home Furnishings industry, to which WilliamsSonoma belongs, has lost 6.8% over this period. Now the key question is: Where could t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________ _________________________ Title of each class:Trading Symbol(s):Name of each exchange on which registered: Common Stock, par value $.01 per share WSM New York Stock Exchange, Inc. FORM 10-Q _________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 28, 2024. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ...