Williams-Sonoma Analysts Cut Their Forecasts After Q4 Results

Core Insights - Williams-Sonoma, Inc. reported strong fourth-quarter results, with earnings per share of $3.28, surpassing the analyst consensus estimate of $2.93, and quarterly sales of $2.46 billion, exceeding the estimate of $2.35 billion [1][2] Financial Performance - The company achieved a record annual operating margin of 17.9% and full-year earnings per share of $8.50, despite a 1.6% decline in comparable sales for the year [2] - For 2025, Williams-Sonoma projects net revenue to range from -1.5% to +1.5%, comparable sales from flat to +3.0%, and operating margin between 17.4% and 17.8%, accounting for a 20 basis points impact from the previous year's extra week [3] Market Reaction - Following the earnings announcement, Williams-Sonoma shares fell by 3.5%, closing at $166.27 [3] - Analysts adjusted their price targets for Williams-Sonoma, with Telsey Advisory Group lowering it from $230 to $220 while maintaining an Outperform rating, and Morgan Stanley reducing it from $195 to $185 while keeping an Equal-Weight rating [5]