Dec. 11, 2014, 10:03 AM
- The S&P Retail ETF (NYSEARCA:XRT) is up 2.3% off of today's strong read on retail sales in the U.S.
- While the big boys are holding their own - Wal-Mart (NYSE:WMT) +1.1%, Target (NYSE:TGT) +2.0%, Costco (NASDAQ:COST) +1.0% - it's the apparel chains and specialty retailers doing the heavy lifting.
- Retail standouts: Barnes & Noble (NYSE:BKS) +3.3%, CST Brands (NYSE:CST) +3.3%, Ascena Retail (NASDAQ:ASNA) +3.2%, Williams-Sonoma (NYSE:WSM) +3.0%, Express (NYSE:EXPR) +2.9%, Stein Mart (NASDAQ:SMRT) +2.7%.
- Previously: Retail Sales report, highlights
Dec. 2, 2014, 1:05 PM
- A technical breakdown on the performance of retail e-commerce sites for Black Friday and Cyber Monday reveals some winners and losers.
- Sears (NASDAQ:SHLD), Costco (NASDAQ:COST), Office Depot (NASDAQ:ODP), REI, Saks and NewEgg drew high marks for using responsive web design to create a seamless mobile experience for users.
- Costco and Sears were also on a list of fastest sites - along with Barnes & Noble (NYSE:BKS), W.W. Grainger (NYSE:GWW), Williams-Sonoma (NYSE:WSM), and Hennes & Mauritz (OTCPK:HMRZF).
- The extended holiday was more uneven for Best Buy (NYSE:BBY), Staples (NASDAQ:SPLS), Cabela's (NYSE:CAB), and Forever 21 which had painful outages or slow performance times.
- J.C. Penney (NYSE:JCP) was reported to have had a temporary mobile glitch which caused a slowdown, but also ended up on a list of top website performers.
Nov. 20, 2014, 3:24 PM
- Home furnishing stocks stocks are in rally mode after Kirkland's (KIRK +22.9%) and Williams-Sonoma (WSM +8.3%) both top expectations.
- The development follows strong reports from Home Depot and Lowe's which also showed strong demand for home products.
- Gainers: Restoration Hardware (NYSE:RH) +6.4%, Pier 1 Imports (NYSE:PIR) +2.0%, Haverty Furniture (NYSE:HVT) +2.5%, Bed Bath & Beyond (NASDAQ:BBBY) +2.0%, Ethan Allen (NYSE:ETH) +2.9%.
Nov. 20, 2014, 9:15 AM
Nov. 19, 2014, 5:38 PM
Nov. 19, 2014, 4:19 PM
- Williams-Sonoma (NYSE:WSM) reports comparable-store sales rose 8.7% in Q3.
- Comp growth by brand: Pottery Barn +7.0%, Williams-Sonoma +4.3%, Pottery Barn Kids +8.6%, West Elm +17.4%, PBteen +11.7%.
- E-commerce sales +14.7% to $587M.
- Gross margin rate -90 bps to 37.7%.
- Operating margin rate +40 bps to 9.2%.
- Guidance: Q4 revenue of $1.525B-$1.575B expected. EPS of $1.42-$1.50 forecast vs. $1.53 consensus.
- WSM +6.6% AH.
Nov. 19, 2014, 4:17 PM
Nov. 18, 2014, 5:35 PM
Nov. 14, 2014, 11:12 AM
- Wedbush Securities has a favorable outlook on Williams-Sonoma (WSM +2%) heading into the retailer's Q3 earnings release on November 19.
- "We believe comparable brand sales can come in at least at the high end of 4-6%, margins and EPS are intact and 4Q implied guidance will be maintained," the investment firm tells its clients.
- Channel checks indicate an on-trend merchandise assortment at Pottery Barn and West Elm.
- Wedbush thinks Q3 EPS will fall in the high end of the guidance range of $0.58-$0.63.
- In a separate action, Wells Fargo upgraded WSM to Outperform from Market Perform.
Sep. 22, 2014, 5:09 PM
Aug. 28, 2014, 12:46 PM
Aug. 28, 2014, 9:25 AM
Aug. 27, 2014, 5:35 PM
Aug. 27, 2014, 5:21 PM
- Williams-Sonoma (NYSE:WSM) expects FQ3 revenue of $1.1B-$1.13B and EPS of $0.58-$0.63, mostly below a consensus of $1.13B and $0.66. FY14 (ends Jan. '14) guidance is for revenue of $4.645B-$4.725B and EPS of $3.07-$3.17 vs. a consensus of $4.72B and $3.20.
- FQ2 comparable brand revenue grew 5.7% Y/Y, down from FQ1's 10% but near the high end of a 4%-6% guidance range. WSM expects 4%-6% FQ3 comparable brand growth, and 5%-7% FY14 growth.
- Pottery Barn comps +4.4%; Williams-Sonoma +3.4%; Pottery Barn Kids +5.6%; West Elm +16.7%; PBteen -1%. Direct-to-consumer revenue +9.4% to $523M; retail revenue +2.4% to $517M.
- Gross margin -80 bps Y/Y to 36.8%. SG&A spend fell to 28.6% of revenue from 29.6% a year ago. $59M was spent on buybacks.
- FQ2 results, PR
Aug. 27, 2014, 4:15 PM
Aug. 26, 2014, 5:35 PM
WSM vs. ETF Alternatives
Other News & PR