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Recap: Williams-Sonoma Q3 Earnings

Benzinga Insights
·1 min read

Shares of Williams-Sonoma (NYSE:WSM) moved higher by 7.33% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 150.98% over the past year to $2.56, which beat the estimate of $1.53.

Revenue of $1,765,000,000 rose by 22.40% year over year, which beat the estimate of $1,600,000,000.

Outlook

Williams-Sonoma Sees Long-Term Total Net Sales Growth Mid To High Single Digit

Details Of The Call

Date: Nov 19, 2020

Time: 05:00 PM

View more earnings on WSM

ET Webcast URL: https://edge.media-server.com/mmc/p/iokfn3vt

Technicals

52-week high: $107.09

Company's 52-week low was at $26.01

Price action over last quarter: Up 15.22%

Company Description

With a wide retail and direct-to-consumer presence, Williams-Sonoma is a leader in the $117 billion home furnishings category. Namesake Williams-Sonoma (210 stores) offers high-end cooking essentials, while Pottery Barn (201) provides casual home accessories. Brand extensions include Pottery Barn Kids (72) and PBteen. West Elm (121) is an emerging concept for young professionals, and Rejuvenation (10) offers lighting and house parts.

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