Williams-Sonoma’s fiscal-second-quarter earnings came in higher than what analysts had expected.
For the quarter ended Aug. 4, the e-commerce home-furnishing/kitchenware retailer reported adjusted earnings of 87 cents per share, compared to the Bloomberg estimate of 83 cents. The EPS was also +13% higher compared to the year-ago quarter. Non-GAAP operating margin expanded +10 basis points to 6.9%.
Net revenue in the quarter rose +7.5% year-over-year to $1.37 billion, beating the Bloomberg estimate of $1.31 billion.
Williams-Sonoma experienced comparable brand revenue growth of 6.5%, on the back of accelerating comparable growth for West Elm and Pottery Barn to 17.5% and 4.2%, respectively.
Looking ahead, the company has predicted full-year non-GAAP diluted earnings-per-share of $4.60 to $4.80. It expects net revenue to range between $5.74 billion to $5.9 billion for the year. Its forecast for comparable brand revenue growth is +3% to +6%.
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WSM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
WSM broke above its upper Bollinger Band on March 13, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Moving Average Convergence Divergence (MACD) for WSM just turned positive on March 13, 2024. Looking at past instances where WSM's MACD turned positive, the stock continued to rise in of 58 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WSM advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 274 cases where WSM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WSM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (9.569) is normal, around the industry mean (9.979). P/E Ratio (21.823) is within average values for comparable stocks, (36.053). Projected Growth (PEG Ratio) (2.366) is also within normal values, averaging (2.606). Dividend Yield (0.011) settles around the average of (0.035) among similar stocks. P/S Ratio (2.674) is also within normal values, averaging (87.329).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a multi-channel specialty retailer
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