Williams-sonoma Intrinsic Stock Value – WILLIAMS-SONOMA Reports Third Quarter FY2024 Earnings Results on October 31, 2023
December 3, 2023
🌥️Earnings Overview
WILLIAMS-SONOMA ($NYSE:WSM): For the third quarter of fiscal year 2024, Williams-Sonoma reported total revenue of USD 1853.7 million, a 15.5% decrease year-over-year. Net income was also down 5.7%, coming in at USD 237.3 million for the quarter ending October 31, 2023.
Share Price
On Thursday, October 31, 2023, WILLIAMS-SONOMA reported its third quarter earnings results for FY2024. The stock opened at $161.1 and closed at $171.4, which represented a rise of 6.2% from the prior closing price of 161.4. This was driven by increased sales and cost savings initiatives implemented by the company.
Overall, this was a positive quarter for WILLIAMS-SONOMA, with strong sales growth across all segments of the business and a significant increase in net income. Investors reacted positively to the news, as evidenced by the 6.2% increase in share price on announcement day. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Williams-sonoma. WILLIAMS-SONOMA_Reports_Third_Quarter_FY2024_Earnings_Results_on_October_31_2023″>More…
| Total Revenues | Net Income | Net Margin |
| 7.92k | 950.32 | 12.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Williams-sonoma. WILLIAMS-SONOMA_Reports_Third_Quarter_FY2024_Earnings_Results_on_October_31_2023″>More…
| Operations | Investing | Financing |
| 1.47k | -254.1 | -630.71 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Williams-sonoma. WILLIAMS-SONOMA_Reports_Third_Quarter_FY2024_Earnings_Results_on_October_31_2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.88k | 3.07k | 28.27 |
Key Ratios Snapshot
Some of the financial key ratios for Williams-sonoma are shown below. WILLIAMS-SONOMA_Reports_Third_Quarter_FY2024_Earnings_Results_on_October_31_2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.8% | 20.8% | 15.8% |
| FCF Margin | ROE | ROA |
| 15.3% | 45.7% | 16.1% |
Analysis – Williams-sonoma Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of WILLIAMS-SONOMA‘s wellbeing. According to our proprietary Valuation Line, the intrinsic value of WILLIAMS-SONOMA share is around $154.6. This means that the stock is currently trading at $171.4, a fair price which is overvalued by 10.9%. More…
Peers
The company operates through two segments: Williams-Sonoma and Pottery Barn. The Williams-Sonoma segment includes the company’s Williams-Sonoma, Williams-Sonoma Home, Pottery Barn, Pottery Barn Kids, and West Elm businesses. The Pottery Barn segment comprises the company’s Pottery Barn, Pottery Barn Kids, and PBteen businesses. Williams-Sonoma’s primary competitors are ProCook Group PLC, Dunelm Group PLC, and Bookoff Group Holdings Ltd. All three companies are based in the United Kingdom. ProCook Group PLC is a retailer of kitchenware and cookware. Dunelm Group PLC is a retailer of home furnishings, including kitchenware, bedding, and other household items. Bookoff Group Holdings Ltd is a retailer of used books and media.
– ProCook Group PLC ($LSE:PROC)
ProCook Group PLC is a British cookware company. The company has a market cap of 40.31M as of 2022 and a Return on Equity of 4.17%. ProCook was founded in 1995 by Daniel O’Neill and is headquartered in London, United Kingdom. The company sells cookware, kitchenware, and bakeware products through its website and through retail partners in the United Kingdom.
– Dunelm Group PLC ($LSE:DNLM)
Dunelm Group PLC is a home furnishings retailer in the United Kingdom. The company operates over 170 stores and an online store. The company offers a wide range of products, including furniture, homewares, and textiles. Dunelm Group PLC has a market cap of 1.62B as of 2022, a Return on Equity of 47.66%. The company has been profitable every year since 2010.
– Bookoff Group Holdings Ltd ($TSE:9278)
Bookoff Group Holdings Ltd is a holding company that operates through its subsidiaries in the retail and wholesale of books, music, and other media products in Japan. As of March 31, 2021, the Company operated 524 stores. The company was founded in 1986 and is headquartered in Tokyo, Japan.
Summary
Despite reporting a 15.5% decrease in total revenue and a 5.7% decrease in net income for the third quarter of FY2024 compared to the previous year, WILLIAMS-SONOMA‘s stock price still moved up on the same day. This suggests that investors may be confident in the company’s prospects for recovery, and encouraged by the potential returns of investing in the company. As such, investors looking to capitalize on current market conditions may want to evaluate the potential of WILLIAMS-SONOMA as an attractive long-term investment option.
