WSM

Williams-Sonoma, Inc.

Consumer


Presented:05/19/2023
Price:$114.79
Cap:$7.60B
Current Price:$148.12
Cap:$18.71B

Presented

Date05/19/2023
Price$114.79
Market Cap$7.60B
Ent Value$9.59B
P/E Ratio7.01x
Book Value$25.69
Div Yield2.82%
Shares O/S66.23M
Ave Daily Vol1,035,179
Short Int18.14%

Current

Price$148.12
Market Cap$18.71B
Williams-Sonoma, Inc. engages in the retailing of home products. It operates through the following segments: Pottery Barn, West Elm, Williams Sonoma, Pottery Barn Kids and Teen and Other. The Other segment includes net revenues from international franchise operations, Rejuvenation and Mark and Graham. The company was founded by Charles E. Williams on September 15, 1956 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: William Sonoma (WSM)

Highlights

The presenter is short shares of William Sonoma (WSM) and believes there is 25%-40% downside from the current share price of ~$113. The furniture category has increased on a unit basis by almost 20% since 2019 due to pandemic-related nesting, driving an over earning dynamic. He expects WSM to miss earnings over the coming quarters as a result of the rapidly weakening consumer and new order growth slowing at a time when backlogs are normalizing.

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Idea Discussion

Commentor 1 - 2 weeks ago

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