WSM Stock Recent News

CNBC's Jim Cramer explains why he is keeping an eye on shares of Williams-Sonoma.

Shares of Williams-Sonoma Inc. WSM, +2.06% pulled back 1.2% in premarket trading Thursday, after the home goods and furniture retailer beat profit expectations but missed on revenue and cut its full-year outlook, citing “ongoing consumer hesitancy” on high-ticket furniture spend. Net income for the quarter to Oct. 29 slipped to $237.3 million, or $3.66 a share, from $251.7 million, or $3.72 a share, in the same period a year ago.

Williams-Sonoma's (WSM) fiscal Q3 performance is likely to have witnessed rising e-commerce growth. However, weak demand, supply-chain disruptions and high inflation may have weighed on earnings.

The company is witnessing positive earnings estimate revisions and showing signs of outperformance.

Williams-Sonoma (WSM) banks on e-commerce and B2B segment growth as well as strategic expansion initiatives.

Williams-Sonoma boasts a solid track record of dividend growth that can persist moving forward. The company's omnichannel retail business model gives it plenty of room for future growth. Williams-Sonoma has zero long-term debt, so high rates don't impact the company in ways that its peers are affected.

Williams-Sonoma gets a Buy Rating. Its strengths include multi-year dividend growth, low valuation, outperforming the S&P 500, and company capital strength/cash growth. Its offsetting factors include an expensive share price right now vs the moving average, and YoY drops in revenue and net income.

Williams-Sonoma's (WSM) portfolio brand, Pottery Barn, launches an exclusive Elf movie-inspired 25-piece collection in collaboration with WBDGCP.

Williams-Sonoma (WSM) expands its footprint with a new store in San Diego, under its portfolio brand Rejuvenation.

Williams-Sonoma's (WSM) share price surges after Leonard Green & Partners increases its stake holding in the company to 5%.