Williams-Sonoma slides after Q2 margin misses Street estimates
26/08/2026 16:05
BUZZ-Williams-Sonoma slides after Q2 margin misses Street estimates ** Furniture retailer Williams-Sonoma's WSM.N shares fall 2.3% to a one-month low of $225.5
** Q2 gross margin of 45.5% misses Street expectations by 40 basis points as tariff-related costs pressure merchandise margins, say Jefferies analysts in a note
** Co reports Q2 revenue of $1.96 bln, above analysts' estimates of $1.93 bln - data compiled by LSEG
** Raises FY revenue growth forecast to 4.7%-7.2% from 2.7%-6.7% and comparable sales growth forecast to 4.0%-6.5% from 2.0%-6.0%
** 11 of 24 brokerages rate the stock "buy" or higher, 13 "hold"; their median PT is $244
** Including session's moves, WSM up 28.7% YTD
(Reporting by Darshan Kumar in Bangalore)
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Williams-Sonoma slides after Q2 margin misses Street estimates
Williams-Sonoma Inc reports results for the quarter ended July 31 - Earnings Summary