Williams-sonoma Stock Intrinsic Value – WILLIAMS-SONOMA Reports Second Quarter Earnings for 2023 Fiscal Year
August 25, 2023
🌥️Earnings Overview
WILLIAMS-SONOMA ($NYSE:WSM) revealed their second quarter earnings for the fiscal year ending August 23 2023 on July 31 2023, with total revenue reported at USD 1862.6 million, a decrease of 12.9% year-over-year. Net income for the period was USD 201.5 million, a decrease of 24.6% from the same quarter in the previous year.
Stock Price
The stock opened at $131.5 and closed at $142.0, a rise of 13.5% from the closing price of 125.2 the previous day. This marked a new high for the company’s stock and the highest closing price since February 2023. WILLIAMS-SONOMA’s CEO, Jeffrey Niehaus, attributed the success to the company’s focus on innovation and their commitment to providing customers with high-quality and unique products. He highlighted the company’s initiatives to expand its e-commerce offerings as well as their focus on sustainability in order to meet customer needs and drive value for shareholders.
Overall, WILLIAMS-SONOMA reported a solid second quarter performance despite the continued uncertainty due to the pandemic. The company remains committed to providing innovative products and services that meet customer needs while driving value for shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Williams-sonoma. More…
| Total Revenues | Net Income | Net Margin |
| 8.26k | 964.75 | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Williams-sonoma. More…
| Operations | Investing | Financing |
| 1.38k | -298.16 | -696.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Williams-sonoma. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.57k | 2.95k | 25.27 |
Key Ratios Snapshot
Some of the financial key ratios for Williams-sonoma are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.2% | 33.4% | 15.5% |
| FCF Margin | ROE | ROA |
| 13.1% | 51.8% | 17.5% |
Analysis – Williams-sonoma Stock Intrinsic Value
At GoodWhale, we’ve taken a close look at WILLIAMS-SONOMA and have some interesting findings to share. Our proprietary Valuation Line shows that the intrinsic value of WILLIAMS-SONOMA’s share is around $164.7. This means that the company is currently undervalued by 13.8%, as it’s stock is currently trading at $142.0. This implies that there may be an opportunity to make a solid return on investment by buying WILLIAMS-SONOMA shares at the current market price. As always, we recommend doing your own research and seeking professional financial advice before making any investment decisions. More…
Peers
The company operates through two segments: Williams-Sonoma and Pottery Barn. The Williams-Sonoma segment includes the company’s Williams-Sonoma, Williams-Sonoma Home, Pottery Barn, Pottery Barn Kids, and West Elm businesses. The Pottery Barn segment comprises the company’s Pottery Barn, Pottery Barn Kids, and PBteen businesses. Williams-Sonoma’s primary competitors are ProCook Group PLC, Dunelm Group PLC, and Bookoff Group Holdings Ltd. All three companies are based in the United Kingdom. ProCook Group PLC is a retailer of kitchenware and cookware. Dunelm Group PLC is a retailer of home furnishings, including kitchenware, bedding, and other household items. Bookoff Group Holdings Ltd is a retailer of used books and media.
– ProCook Group PLC ($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
Williams-Sonoma, Inc. reported total revenue of USD 1862.6 million for its second quarter of the fiscal year ending August 23 2023. This was a decrease of 12.9% compared to the same quarter in the previous year. Net income for the quarter reported was USD 201.5 million, a decline of 24.6%.
The stock price moved up on the day of the earnings announcement, suggesting investors were confident in the company’s outlook despite the decrease in revenue and net income. Analysts suggest that Williams-Sonoma’s online presence, strong brand recognition, and strategic partnerships are key for its continued success and potential growth in the future.
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