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Williams-Sonoma Boosts Full-Year Outlook
Excerpt from the InvestorGuide.com Stock of the Day on 8/26/2009

Williams-Sonoma posted a better-than-expected quarterly performance today. The home-goods retailer surprised Wall Street with a profit of $399,000. Williams-Sonoma Inc. even boosted its full-year forecast in accordance to its second quarter performance. Williams-Sonoma originally projected anywhere from a loss of 7 cents to a profit of 11 cents per share. However, now the San Francisco based company is expecting an earnings of 19 cents to 31 cents a share. How was Williams-Sonoma able to beat out analyst predictions for the quarter?

Williams-Sonoma has worked very hard to improve its inventory forecasting. As a result, the home-goods supplier began scaling back inventory levels to match declining sales, which helped boost profit margins. In addition, Williams-Sonoma Incorporated launched an intense cost cutting initiative. Williams-Sonoma reduced its advertising spending, closed down underperforming stores, and lowered its distribution capacity and leased office space in an effort to streamline its expenses. The San Francisco based company also heavily discounted its product prices to entice consumers to buy. While Williams-Sonoma's profit levels are down considerably from previous quarters, it seems to be moving in the right direction. More >


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Williams-Sonoma Reports $18.7 Million Loss
Excerpt from the InvestorGuide.com Stock of the Day on 6/3/2009

Williams-Sonoma Incorporated (WSM: Charts, News, Offers) announced a first quarter loss of $18.7 million today. Williams-Sonoma's first quarter plummet is a stark contrast from last year's quarter profit of $10.5 million. Although the home décor franchise saw its revenue drop 22%, Williams-Sonoma still managed to report lower-than-expected losses for the quarter. However, the San Francisco-based furniture retailer is well aware that repeated quarterly performances like this one will not sit well with investors. How was Williams-Sonoma able to beat out Wall Street expectations? What is the impact of this quarter's performance on Williams-Sonoma's future? More >

Williams-Sonoma (WSM) Upgrades

Date
Analyst
Old Rating
New Rating
08/28/2009
Goldman Sachs
Neutral
Buy
06/08/2009
Piper Jaffray
Neutral
Buy
12/08/2008
Raymond James
Market Perform
Outperform
12/02/2008
Cowen & Co
Underperform
Neutral
12/02/2008
Merrill Lynch
Underperform
Buy
11/25/2008
UBS
Sell
Neutral

Williams-Sonoma (WSM) Downgrades

Date
Analyst
Old Rating
New Rating
05/11/2009
Bank of America
Buy
Neutral
05/11/2009
Bernstein
Outperform
Market Perform
03/25/2009
Barclays Capital
Equalweight
Underweight
03/13/2009
Raymond James
Outperform
Market Peform
01/08/2009
Cowen & Co
Neutral
Underperform
10/13/2008
KeyBanc
Hold
Underweight

Williams-Sonoma (WSM) New Coverage

Date
Analyst
Rating
08/27/2009
Citi
Buy
09/05/2008
Longbow Research
Neutral
04/25/2008
Lehman Bros.
Equalweight
04/02/2008
Jesup & Lamont
Neutral
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