Stock Analysis

Williams-Sonoma Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS In Line

  •  Updated
NYSE:WSM
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Williams-Sonoma (NYSE:WSM) Third Quarter 2023 Results

Key Financial Results

  • Revenue: US$2.19b (up 7.1% from 3Q 2022).
  • Net income: US$251.7m (flat on 3Q 2022).
  • Profit margin: 12% (in line with 3Q 2022).
  • EPS: US$3.77 (up from US$3.37 in 3Q 2022).
earnings-and-revenue-growth
NYSE:WSM Earnings and Revenue Growth November 22nd 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Williams-Sonoma Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 8.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Williams-Sonoma (2 are a bit concerning!) that you need to take into consideration.

What are the risks and opportunities for Williams-Sonoma?

Williams-Sonoma, Inc. operates as an omni-channel specialty retailer of various products for home.

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Rewards

  • Trading at 45.6% below our estimate of its fair value

  • Earnings grew by 14% over the past year

Risks

  • Earnings are forecast to decline by an average of 0.4% per year for the next 3 years

  • High level of non-cash earnings

  • Significant insider selling over the past 3 months

View all Risks and Rewards

Share Price

Market Cap

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