Stock Analysis
- United States
- /
- Specialty Stores
- /
- NYSE:WSM
Williams-Sonoma Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS In Line
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).
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.
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
Further research on
Williams-Sonoma
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About NYSE:WSM
Williams-Sonoma
Williams-Sonoma, Inc. operates as an omni-channel specialty retailer of various products for home.
Flawless balance sheet, undervalued and pays a dividend.
