|Bid||81.63 x 1000|
|Ask||81.72 x 800|
|Day's Range||81.09 - 83.37|
|52 Week Range||26.01 - 85.61|
|Beta (5Y Monthly)||1.57|
|PE Ratio (TTM)||18.17|
|Earnings Date||Aug 26, 2020 - Aug 31, 2020|
|Forward Dividend & Yield||1.92 (2.31%)|
|Ex-Dividend Date||Jul 23, 2020|
|1y Target Est||46.61|
Williams-Sonoma (WSM) is set to benefit from the e-commerce platform amid coronavirus-led shutdowns.
Williams-Sonoma credited its e-commerce capabilities and its Pottery Barn Kids and Teen business for better-than-expected results.
The global death toll from the coronavirus that causes COVID-19 climbed above 360,000 on Friday, as Brazil, South Korea, the Philippines, Iran and Portugal all reported spikes in infections.
Shares of upscale home-goods retailer Williams-Sonoma (NYSE: WSM) surged on Friday, after the company reported results for the quarter ended May 5 that were well above Wall Street's expectations. Williams-Sonoma's shares ended Friday's session at $83.21, up 13.9% on the day. Williams-Sonoma's results for its fiscal first quarter were surprisingly good given that its stores were closed for most of the period.
Home interior and furnishing retailer Williams-Sonoma (WSM) is gaining market share as people shop online to spruce up their homes during the pandemic.
Strong e-commerce revenue growth helps Williams-Sonoma (WSM) to post better-than-expected Q1 earnings and revenues.
Williams-Sonoma (ticker: WSM) said it earned 74 cents a share on revenue of $1.24 billion. The company said “almost all” of its brands saw positive comparable sales growth. Its flagship Williams-Sonoma’s comps climbed 5.4%, while West Elm comparable sales rose 3.3%.
Williams-Sonoma (WSM) delivered earnings and revenue surprises of 722.22% and 14.47%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
Williams-Sonoma Inc posted a surprise rise in quarterly same-store sales on Thursday, as the retailer's online business boomed amid coronavirus-led lockdowns, sending its shares up 8% in extended trading. The company, which owns West Elm and Pottery Barn, benefited from a surge in demand for furniture and other house essentials as the months-long lockdown confined consumers to their homes, with many setting up home offices due to work-from-home orders. "This crisis has accelerated our industry's shift to e-commerce, and given rise to a newfound appreciation for the home," Chief Executive Officer Laura Alber said.
Shares of Williams-Sonoma Inc. rallied more than 9% in the extended session Thursday after the retailer said its online business experienced "breakout" growth in the latter part of the first quarter and "continues to accelerate," making up for store closures amid the coronavirus pandemic. Williams-Sonoma said it earned $35 million, or 45 cents a share, in the quarter, compared with $53 million, or 66 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 74 cents a share, compared with 81 cents a year ago. Sales reached $1.24 billion, flat in comparison with a year ago, thanks to "a significant acceleration in e-commerce revenue growth to over 30%," the company said. Analysts polled by FactSet had expected earnings of 15 cents a share on sales of $1.1 billion. The company did not provide guidance due to the pandemic and "the continuing macroeconomic uncertainty that could impact its performance." Shares of Williams-Sonoma ended the regular trading day down 0.4%.
Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has declared a quarterly cash dividend of $0.48 per common share. The dividend is payable on August 28, 2020 to stockholders of record as of the close of business on July 24, 2020. As of May 3, 2020, the Company had 77,758,981 shares of common stock outstanding.
Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the first fiscal quarter ended May 3, 2020 ("Q1 20") versus the first fiscal quarter ended May 5, 2019 ("Q1 19").
Williams-Sonoma (WSM) continues to collaborate with brands to drive greater customer participation.
Williams-Sonoma (WSM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
On Tuesday, Telsey Advisory Group analysts led by Cristina Fernández upgraded shares of Williams-Sonoma to outperform from market perform, and doubled their price target on the stock from $40 to $80. Fernández joins The Final Round to discuss the factors behind the bullish call, and their outlook for home furnishings retailers amid the COVID-19 pandemic.
Disruptions from coronavirus are likely to reflect on Williams-Sonoma's (WSM) fiscal Q1 results. That said, increase in online shopping and spending on home goods may have been positives.
Telsey Advisory analyst Cristina Fernández upgraded Williams-Sonoma stock to Outperform from Market Perform. It will benefit from consumers improving their homes, and spending more online.
Outdoor specialty retailer REI Co-op and global design company West Elm today announce a retail partnership to offer a co-curated collection of REI x West Elm lifestyle products aimed at helping people feel at home, outdoors. REI Co-op and West Elm came together a year ago with a shared commitment to designing consciously made, quality products that invite people to enjoy the comforts of home while exploring outside - whether close to home or in the greater outdoors.
Williams-Sonoma, Inc. (NYSE: WSM) announced today that it will release its first quarter 2020 results on Thursday, May 28, 2020 after the market close. Following the release via the wire services, the Company will host a conference call beginning at 5:00 PM Eastern Time, which can be accessed at http://ir.williams-sonomainc.com/events. Following the call, a replay of the webcast will be available at http://ir.williams-sonomainc.com/events beginning at 6:15 PM Eastern Time on Thursday, May 28, 2020.
Williams-Sonoma (WSM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.