Williams-Sonoma, Inc. announces third quarter 2015 results Net revenues grow 7.8% with operating margin of 9.0% Diluted EPS increases 13.2% to $0.77 Reiterates full year guidance

Williams-Sonoma's (WSM) 3Q Beat Driven by Lower Tax Rate and Higher International Sales; Jefferies Reiterates Hold

Jefferies maintained a Hold rating on Williams-Sonoma (NYSE: WSM), and cut the price target to $70.00 (from $77.00), following the company's 3Q earnings report. Q3 EPS came in 5 cents ahead of the Street. Nearly 4 cents of this was the result of a lower tax rate... More

UPDATE: Goldman Sachs Removes Williams-Sonoma (WSM) from Conviction Buy List

(Updated - November 20, 2015 10:43 AM EST)

Goldman Sachs downgraded Williams-Sonoma (NYSE: WSM) from Conviction Buy to Buy with a price target of $76.00 (from $92.00). The change following the company's Q3 results. Analyst Matthew J. Fassler continues to see the company as well positioned, despite its murkier P&L.

"WSM remains well-positioned, and is driving recovery in profit trends. Moreover, valuation looks... More

Williams-Sonoma (WSM) Earnings, Nice EPS Beat But Margin Pressure Bigger Issue, Piper Jaffray Says; PT to $72

Williams-Sonoma (NYSE: WSM) EPS of $0.77 bested expectations for FQ3 yet full-year guidance remained essentially unchanged, thus implying a lower FQ4 guidance range relative to the consensus estimates. Gross margins were under pressure and much of the call surrounded that conversation but management indicated their pure merchandise margins are only down slightly and flat year-to-date-- not a result of... More

Williams-Sonoma (WSM) PT Lowered to $70 at Credit Suisse Post Q3

Credit Suisse analyst S. Sigman reiterated a Neutral rating and lowered its price target on Williams-Sonoma (NYSE: WSM) to $70.00 (from $80.00) following in-line Q4 results but lower guidance.

Sigman commented, "WSM delivered a relatively in line Q3 (after adj for a lower tax... More

Williams-Sonoma (WSM) Tops Q3 EPS by 4c; Issue Mixed Outlook

Williams-Sonoma (NYSE: WSM) reported Q3 EPS of $0.77, $0.04 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.22 billion.

Comparable brand revenue growth in Q3 15 increased 4.5% on top of 8.7% in Q3 14 as shown in the table... More