(USD) | Jan 2024 | Q/Q |
---|---|---|
Revenue | 2.3B | +23% |
Gross Profit | 1B | +28% |
Cost Of Revenue | 1.2B | - |
Operating Income | 458.1MM | +45% |
Operating Expenses | 590.5MM | - |
Net Income | 354.4MM | +49% |
G&A | 590.5MM | +16% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The retailer listed products as being made in the United States when they were manufactured abroad, and will pay a "record" civil penalty.
SAN FRANCISCO, May 01, 2024--Pottery Barn Teen, a portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, now offers new digital tools and an enhanced shopping and design service experience for dorm essentials including bedding, bath, storage and décor. Available exclusively at Pottery Barn Teen, customers can now shop the largest dorm collection to date online, in-store and on the Pottery Barn Teen mobile app just in tim
The app gives users access to recipes, the ability to create and manage registries, connect with design experts and shop by room.
SAN FRANCISCO, April 30, 2024--Williams Sonoma Launches New App with Recipes, Registry Services and Enhanced Shopping Experience
The FTC and the Justice Department said Friday that Williams-Sonoma Inc. has agreed to a settlement, which includes a $3.175 million civil penalty.
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in other countries, including China. The FTC said Friday that Williams-Sonoma has agreed to a settlement, which includes a $3.175 million civil penalty.
The home goods retailer has been dinged for improperly advertising that certain products were produced domestically.
Among leading growth stocks, several home furnishing retailers have made quite a classy run since the October market bottom, soaring as much as 70%. Through Wednesday, the 16-member Retail-Home Furnishings industry group ranked sixth among 197 companies on IBD's industries list for six-month price performance. A pullback among key growth stocks in the group, however, has pinched the group's year-to-date return to nearly 4%.
Williams-Sonoma and Ethan Allen are part of the Zacks Industry Outlook article.
A focus on digitization, e-commerce, product innovation and new marketing techniques is encouraging for the Zacks Retail-Home Furnishing industry players like WSM and ETD despite a challenging macro backdrop.