Williams-Sonoma, Inc. announces first quarter 2024 results

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Needham Reiterates Hold Rating on Williams-Sonoma (WSM)

May 23, 2024 6:19 AM EDT

Needham analyst Anna Andreeva reiterated a Hold rating on Williams-Sonoma (NYSE: WSM).

The analyst comments "On modest revenue upside for 1Q24, WSM beat bottom line expectations by almost 30% (ex adjustment) as gross margin gains accelerated; company took up its EBIT... More

Goldman Sachs Reiterates Neutral Rating on Williams-Sonoma (WSM)

May 23, 2024 5:44 AM EDT

Goldman Sachs analyst Kate McShane reiterated a Neutral rating and $287.00 price target on Williams-Sonoma (NYSE: WSM)

The analyst comments "WSM closed down -11.0% (vs. the S&P 500 at -0.3%) despite its 1Q beat and raised FY24 operating margin guidance.... More

Williams-Sonoma (WSM) Tops Q1 EPS by $1.35, Offers Guidance

May 22, 2024 8:11 AM EDT

Williams-Sonoma (NYSE: WSM) reported Q1 EPS of $4.07, $1.35 better than the analyst estimate of $2.72. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.65 billion.

OUTLOOK

We are reiterating our guidance of annual net revenue growth in the range of -3% to +3% with... More