After a move higher of almost 30%, shares of Williams-Sonoma, Inc. WSM are trading a little lower on Thursday. This is mostly because of two dynamics. One is profit-taking. The second is remorseful buyers taking advantage of the move to exit their losing positions at breakeven.This is why it is our Stock of the Day.The shares gapped higher after the company posted strong earnings. A “gap” occurs when a stock closes at one price and opens the next day at a price that is much higher. As you can see, that was ...

Williams-Sonoma Inc. (WSM) reported solid results for third-quarter fiscal 2024 (ended Oct. 27, 2024), with earnings and net revenues topping the Zacks Consensus Estimate. On a year-over-year basis, the bottom line grew while the top line declined. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The quarterly results reflect the company's focus on operational improvements and its aim of enhancing its customer service and driving margin. However, soft contributions from three of the ...

Facade of Williams Sonoma store with visible signage and interior, City Center Bishop Ranch, San ... [+] Ramon, California, July 10, 2024. (Photo by Smith Collection/Gado/Getty Images) Gado via Getty Images Williams-Sonoma stock gained about 27% in Wednesday's trading following the company's Q3 earnings report - taking its total gains so far this year to 76%. The company, which is known for its premium kitchenware and home furnishings, operates multiple retail brands including its eponymous stores, West Elm ...

Key Takeaways William-Sonoma executives are staying away from promotional pricing at a time when some other retailers are cutting prices to attract deal-minded shoppers. The parent of Pottery Barn and West Elm has been backing off discounts for several years. CEO Laura Alber says Williams-Sonoma consumers may be "better off" than others. Williams-Sonoma (WSM) wants to keep promotions in the past. The parent of Pottery Barn, West Elm, and the luxury kitchen retailer Williams-Sonoma is sticking to its yearsol ...

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 ...