Valued at $23.4 billion by market cap, San Francisco-based Williams-Sonoma, Inc. (WSM) operates as a multi-channel specialty retailer of premium quality home products. The company offers various cooking, dining, home decor, and related products through its brands like Pottery Barn, West Elm, Rejuvenation, etc. The company is expected to announce its fiscal Q2 earnings on Thursday, Aug. 28.
Ahead of this event, analysts project the company to report a profit of $1.78 per share, up 2.3% from $1.74 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in each of the last four quarters, which is impressive.
For the current year, analysts expect WSM to report EPS of $8.53, down 3% from $8.79 in fiscal 2024. Nonetheless, its EPS is expected to rebound in fiscal 2026, rising 5.5% year over year to $9.
Shares of WSM have climbed 25.4% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 16.6% uptick and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 19.9% gain over the same time frame.
WSM stock dropped 4.5% following the release of its Q1 results on May 22. The company’s net revenues for the quarter increased 4.2% year-over-year to $1.7 billion, mainly driven by a slight improvement in comparable store sales. Moreover, its adjusted EPS came in at $1.85 and surpassed the consensus estimates by 5.1%.
Wall Street analysts are moderately optimistic about WSM’s stock, with a “Moderate Buy" rating overall. Among 18 analysts covering the stock, five recommend "Strong Buy," one suggests “Moderate Buy,” and 12 indicate “Hold.” The stock currently trades above its mean price target of $184.29.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
