How Much Upside Could be Left in Williams-Sonoma Stock?
As of June 15, Williams-Sonoma (WSM) was trading at $62.31, which represents a 20.5% rise since the announcement of its first-quarter earnings on May 23. In the quarter, Williams-Sonoma posted EPS of $0.67 on revenue of $1.20 billion, while analysts were expecting the company to post EPS of $0.58 on revenue of $1.16 billion. After its strong first quarter, the company raised its revenue and EPS guidance for 2018, boosting investors’ confidence and its stock price. ...