Williams-Sonoma, Inc. announces second quarter 2023 results
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Bank of America upgrades William-Sonoma (WSM) on better-than-expected 2Q
August 24, 2023 10:38 AM EDTBank of America upgraded Williams-Sonoma (NYSE: WSM) to a Neutral rating (From Underperform) and raised their 12-month price target to $146.00 (From $108.00) following the retail companys better-than-expected 2Q results.
WSM reported 2Q comps fell (11.9)%, coming in behind estimates of (8.5)%. However, the company surprised with stronger-than-anticipated... More
Williams-Sonoma (WSM) Tops Q2 EPS by 40c
August 23, 2023 9:01 AM EDTWilliams-Sonoma (NYSE: WSM) reported Q2 EPS of $3.12, $0.40 better than the analyst estimate of $2.72. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.96 billion.
OUTLOOK:
We are revising our fiscal 2023 guidance to reflect lower net revenue... More
