Williams-Sonoma, Inc. announces a 10% quarterly dividend increase and a new $1.5 billion stock repurchase authorization
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Williams-Sonoma (WSM) PT Lowered to $225 at Cowen
March 17, 2022 6:44 AM EDTCowen analyst Max Rakhlenko lowered the price target on Williams-Sonoma (NYSE: WSM) to $225.00 (from $245.00) while maintaining an Outperform rating following results.
The analyst commented, "Stronger than expected FY22 guidance of revs +MSD to +HSD and flattish margins, positive QTD commentary, and new $1.5bn share... More
Williams-Sonoma (WSM) Shares Up 6% on Q4 Beat, Increases Dividend 10%, Authorizes $1.5B Buyback
March 16, 2022 5:07 PM EDTWilliams-Sonoma (NYSE: WSM) shares were trading more than 6% higher after-hours following the companys reported Q4 results, with EPS coming in at $5.42, beating the consensus estimate of $4.82. Revenue was $2.5 billion, compared to the consensus estimate of $2.58 billion, with comparable brand revenue growth of 10.8%.
The company... More
