Williams-Sonoma Q1 Earnings Preview
<p>RBC Capital analysts released their outlook on <a href='https://financialmodelingprep.com/financial-summary/WSM'>Williams-Sonoma, Inc. (NYSE:WSM) </a>ahead of the company’s Q1 results, expecting a solid quarter, but being cautious on the outlook. The analysts estimate comp sales of +0.5% (vs. Street’s +2.7%) and EPS of $2.81 (Street’s $2.85). </p>
<p>While the company’s strong February and order backlog should drive continued top-line momentum, the analysts said that peer read thrus suggest category demand began to slow in March/April. The analysts remain of the view that go-forward revenue growth/margins will be structurally higher than pre-pandemic levels, but are cautious about the company’s near-term prospects as they are not immune from the macro pressures impacting the retail space.</p>

NYSE:WSM