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

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

November 20, 2015 10:03 AM EST

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

November 20, 2015 9:46 AM EST

(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) PT Lowered to $70 at Credit Suisse Post Q3

November 20, 2015 7:38 AM EST

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

November 19, 2015 4:20 PM EST

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