FMP

FMP

Enter

Williams-Sonoma (NYSE:WSM) reported its Q1 earnings results yesterday, with EPS coming in at $2.64, beating the Street estimate of $2.38. Revenue was $1.76 bill

Williams-Sonoma Beats Q1 EPS But Revenues Fall Short of Estimates

- (Last modified: Dec 19, 2023 5:49 PM)

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

Williams-Sonoma (NYSE:WSM) reported its Q1 earnings results yesterday, with EPS coming in at $2.64, beating the Street estimate of $2.38. Revenue was $1.76 billion, coming in worse than the Street estimate of $1.8 billion.

The company maintained its full 2023-year and long-term outlook. Net revenue is expected to grow from (3%) to 3%. The operating margin is seen at 14%-15%. Management sees an annual revenue growth rate in the mid-to-high single digits over the long run.

With the backlog largely normalized sales now more closely reflect the deteriorating demand environment. Analysts at RBC Capital give management credit for exercising increased cost discipline but recognize additional visibility is needed for investors to meaningfully get behind shares.

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 25, 2023 2:31 AM - Parth Sanghvi

Decoding the Discounted Cash Flow (DCF) Model: A Comprehensive Guide for Strategic Investment Analysis

Introduction: The Discounted Cash Flow (DCF) model stands as a cornerstone in investment analysis, offering a robust framework for estimating the intrinsic value of an investment. In this comprehensive guide, we delve into the fundamentals of DCF analysis, providing step-by-step instructions, key...

blog post title

Jan 4, 2024 1:56 AM - Parth Sanghvi

Optimizing DCF Model Accuracy: Advancements through Big Data and AI Integration

The Discounted Cash Flow (DCF) model remains a cornerstone in financial analysis, offering a strategic way to assess the intrinsic value of an investment. With advancements in technology, the integration of Big Data and Artificial Intelligence (AI) presents a transformative approach to enhance the p...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep