May 22, 02:53 PM

William-Sonoma ($WSM) Q1 Earnings: Revenue at $1.7B, Comps Down 5%, EPS Beats Estimates at $4.07, Operating Margin Raised to 17.8%, Shares Initially Up 7%, Later Dropped 18%

William-Sonoma ($WSM) reported strong Q1 earnings with revenue meeting estimates at $1.7B, comps down 5%, and a significant EPS beat at $4.07. CEO Laura Alber reaffirmed FY revenue outlook, raising operating margin guidance to 17.8%. Market reaction varied with shares initially up 7% but later dropping 18% from the opening high.

#Laura Alber

Written with ChatGPT (GPT-3).

Sources

AlphaSense@AlphaSenseInc
2 years ago
$BJ Earnings: - Revenue: $4.9 billion - Earnings per diluted share of $0.83 and adjusted earnings per diluted share of $0.85 - Gross profit increased to $883.4 million in the first quarter of fiscal 2024 from $880.0 million in the first quarter of fiscal 2023 driven by growth in… https://t.co/jT4WATy3w2
Consensus Media@ConsensusGurus
2 years ago
$WSM -18% from its opening high https://t.co/VUe1VKKpVT
Consensus Media@ConsensusGurus
2 years ago
$WSM -18% from it's opening high https://t.co/VUe1VKKpVT

William-Sonoma ($WSM) Q1 Earnings: Revenue at $1.7B, Comps Down 5%, EPS Beats Estimates at $4.07, Operating Margin Raised to 17.8%, Shares Initially Up 7%, Later Dropped 18%

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