Reported 5 months ago
Williams-Sonoma exceeded analysts' expectations for both revenue and earnings in their recent quarterly report. The company's stock initially surged but is currently down by about 0.3%. The company's performance is seen as a gauge on high-income consumers, and despite a decrease in comparable sales for two of their brands, Williams-Sonoma remains focused on maintaining pricing without increases. Investors are looking closely at the company's outlook on margins following this update.
Source: YAHOO