Williams-Sonoma had much higher profits than expected, although it's not as exciting as it first seems. The company expects stability and profitability this year, which is a good thing for investors.
Shares of home retailer Williams-Sonoma (WSM) surged to a new record high Wednesday after it reported first-quarter earnings that handily beat analyst expectations.
Williams-Sonoma Inc.'s stock WSM, -0.69% rose 6.8% early Wednesday, after the upscale home goods retailer crushed profit estimates for the first quarter while revenue also beat. The San Francisco-based company had net income of $265.7 million, or $4.07 a share, for the quarter, up from $156.5 million, or $2.35 a share, in the year-earlier period.
SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the first quarter ended April 28, 2024 versus the first quarter ended April 30, 2023. “We are pleased to deliver strong results in the first quarter of 2024, driven by an improving top-line trend and continued strength in our profitability. We remain committed to executing on our three key pr...
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs w...
SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) announced today that it will release its first quarter results on Wednesday, May 22nd, 2024 before the market opens. Following the release via the wire services, the Company will host a conference call beginning at 10:00 AM Eastern Time, which can be accessed at http://ir.williams-sonomainc.com/events. Following the call, a repla...
SAN FRANCISCO--(BUSINESS WIRE)--Pottery Barn, a portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-led and sustainable home retailer, announced today the launch of their new Summer 2024 Coastal Lookbook, drawing inspiration from coast to coast and featuring a range of exclusive products designed in house. “Coastal living is a state of mind.” says Pot...
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists.
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