Does Williams-Sonoma's strong third quarter mean the industry's turning a corner? [Yahoo! Finance]
Wayfair Inc. Class A (W)
Last wayfair inc. class a earnings: 2/28 07:00 am
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Source: Yahoo! Finance
The home furnishings retailer was one of the last to feel the impact of the sector's slowdown over the past two years, thanks to solid management and its counterbalancing business in the housewares and cookware sides of the business. So all eyes were on the company this Wednesday when it released its latest quarterly results. After glimmers of hope from such retailers as Home Depot, Wayfair and RH , would Williams-Sonoma confirm that an industry recovery may be on the horizon? They did. Despite nicely beating analyst forecasts, Williams-Sonoma's revenue was down 3 percent from last year. But on the much more encouraging side, the retailer projected a more positive forecast for the balance of the year in both overall and comp sales. Just as importantly, more of that revenue dropped to the bottom line as the company said its third-quarter profit rose to $249 million (or $1.96 a share), up from $237 million (or $1.83 a share) a year ago. Wall Street loved what it heard, driving Wi
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News
- Is Your Board Ready for AI? [Fortune]Fortune
- All the Black Friday holiday decor deals I'm currently eyeing as a shopping editor [CNN]CNN
- Wayfair just dropped its Black Friday deals. Here's what our editors recommend [CNN]CNN
- Home Gifts For Kids That Wow: Holiday Must-Haves For Under $100 [Forbes]Forbes
- Wayfair's lowest prices of the year are here—shop the Black Friday sale to save up to 70% [USA TODAY]USA TODAY
W
Earnings
- 11/1/24 - Beat
W
Sec Filings
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- 11/14/24 - Form 4
- W's page on the SEC website