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Williams-Sonoma’s shares dropped on Wednesday, extending losses to 2025 as a bleak outlook that hinted at a decline in sales was offset by better-than-expected fourth-quarter results.
Williams-Sonoma stock has recently been down by about 5%. The company, which operates furniture stores under the company name, as well as Pottery Barn and West Elm, among others, announced earlier today that they expect full-fiscal year revenue to be in the range plus or minus 1,5%, while same-store sales will be flat to 3%. Wall Street expected sales growth that was a bit more than flat. Visible Alpha data showed that same-store growth was 1.53%.
For the fourth-quarter, the company reported adjusted earning per share (EPS), which was $3.28, on revenue of $2.4 billion. Visible Alpha polled analysts, who predicted $2.93 billion in revenue and $2.35billion in earnings.
Investors and others are battling signs of a more cautious U.S. consumer, and a shaky economic path.
"We have been, and will continue to be, focused on returning to growth," CEO Laura Alber said in a press release. In a conference call, a transcript of which was made available by AlphaSense, Alber cited an "unpredictable" macroeconomic and policy backdrop and said the company's focus was "on what we can control."
Williams-Sonoma’s shares are down by 12% this year but have risen 11% in the last 12 months.
