Williams-Sonoma (WSM) Tops Q2 EPS by 64c
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August 26, 2021 8:38 AM EDT
Shares of Williams-Sonoma (NYSE: WSM) have surged about 14% in pre-open after the company smashed analyst estimates for Q2.
Williams-Sonoma reported Q2 EPS of $3.24, $0.64 better than the analyst estimate of $2.60. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.81 billion.
"We are proud to report another quarter of outperformance with a 30% comp, strong growth across all brands and channels, and 360 basis points of operating margin expansion. These second quarter results demonstrate the success of our growth strategies and the earnings power of... More
August 26, 2021 6:48 AM EDT
UBS analyst Michael Lasser raised the price target on Williams-Sonoma (NYSE: WSM) to $141.00 (from $115.00) while maintaining a Sell rating.
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August 26, 2021 6:14 AM EDT
Telsey analyst Cristina Fernandez raised the price target on Williams-Sonoma (NYSE: WSM) to $220.00 (from $205.00) while maintaining an Outperform rating.
The analyst commented, "TAG View: Williams-Sonoma again surprised to the upside on EPS, sales, and the operating margin. On the top line, its products... More
