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Williams-Sonoma (WSM) reported earnings 30 days ago. What's next for the stock?
SAN FRANCISCO--(BUSINESS WIRE)--Pottery Barn Kids and Pottery Barn Teen, portfolio brands of Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-led and sustainable home retailer, announced today a partnership with vibrant fashion and lifestyle brand, Roller Rabbit. The new collaboration thoughtfully pairs Roller Rabbit's iconic and fan-favorite prints with the industry-leading safety, sustainability and craftsmanship of the Pottery Barn Kids and Pottery Barn Teen brand.
Upscale specialty retailer Williams-Sonoma Inc. NYSE: WSM has seen its stock price climb nearly 400% in the past 5 years. Like its expensive products, its share price has gotten out of reach for many investors.
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Williams-Sonoma (NYSE: WSM ) stock is a hot topic on Thursday after the home products retailer announced a stock split coming next month. According to the company, this stock split will result in it splitting each share of WSM stock into two shares.
SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has declared a quarterly cash dividend of $1.14 per share of common stock. Each stockholder of record on July 19, 2024 will be paid the cash dividend on August 23, 2024. As a result of the company's stock split also announced today, the cash dividend will be adjusted from $1.14 per share to $0.57 per share of common stock on a post-split basis prior to payment. ABOUT WILLIAMS-SONOMA, IN.
SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has declared a two-for-one stock split through a stock dividend to make its stock more accessible to investors and employees. Each stockholder of record on June 27, 2024 will receive one additional share of common stock for each share of common stock held, payable after the close of market on July 8, 2024. Trading is expected to commence on a split-adjusted basis at market open on July.
Williams-Sonoma (WSM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Potter Barn, the portfolio brand of Williams-Sonoma (WSM), launches a home furnishings collection in partnership with Westin Hotels & Resorts.
Williams-Sonoma (WSM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.