Williams-Sonoma (WSM) reported $1.76 billion in revenue for the quarter ended April 2023, representing a year-over-year decline of 7.2%. EPS of $2.64 for the same period compares to $3.50 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.79 billion, representing a surprise of -1.73%. The company delivered an EPS surprise of +9.54%, with the consensus EPS estimate being $2.41.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company’s financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock’s price performance.
Here is how Williams-Sonoma performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable store sales – Total – YoY change: -6% compared to the -4.59% average estimate based on eight analysts.
- Comparable store sales – West Elm – YoY change – WSM: -15.8% versus -5.8% estimated by five analysts on average.
- Comparable store sales – Pottery Barn Kids and Teen – YoY change: -3.3% versus the five-analyst average estimate of -1.2%.
- Comparable store sales – Pottery Barn – YoY change: -0.4% compared to the -1.3% average estimate based on five analysts.
- Comparable store sales – Williams-Sonoma – YoY change: -4.4% versus -3% estimated by five analysts on average.
- Number of stores – Total: 531 versus the four-analyst average estimate of 532.75.
- Number of stores – Pottery Barn Kids: 46 compared to the 47 average estimate based on four analysts.
- Number of stores – Pottery Barn: 188 versus the four-analyst average estimate of 187.5.
- Number of stores – West Elm: 123 versus 122.5 estimated by four analysts on average.
- Number of stores – Williams-Sonoma: 165 versus the four-analyst average estimate of 166.75.
- Number of stores – Rejuvenation: 9 versus the four-analyst average estimate of 9.
View all Key Company Metrics for Williams-Sonoma here>>>
Shares of Williams-Sonoma have returned -6.8% over the past month versus the Zacks S&P 500 composite’s +1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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