Williams-Sonoma (WSM) Reports In-Line Q2 EPS; Guides Q3, FY16 EPS Below Views
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Morgan Stanley Remains Equalweight on Williams-Sonoma (WSM) Following 2Q
August 25, 2016 11:50 AM EDTMorgan Stanley maintained an Equalweight rating on Williams-Sonoma (NYSE: WSM), and cut the price target to $54.00 (from $55.00), following the company's 2Q earnings report. EPS of $0.58 was inline on lower SG&A, resulting from cost cuts enacted at the end of 2015. Comparable brand growth was... More
Jefferies Cuts Price Target on Williams-Sonoma (WSM) to $56 Following 2Q
August 25, 2016 7:59 AM EDTJefferies maintained a Hold rating on Williams-Sonoma (NYSE: WSM), and cut the price target to $56.00 (from $57.00), following the company's 2Q earnings report. EPS of $0.58 came in line with the Streets estimate. Comparable brand sales were +0.5%, well below the Street estimate for +2.8%. The company... More
