Williams-Sonoma Inc Stock Research

Market Summary

USD113.51-2.24

Market Closed

-1.94%

WSM Stock Price

WSM RSI Chart

WSM Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

6.8

Price/Sales (Trailing)

0.88

EV/EBITDA

4.25

Price/Free Cashflow

10.97

WSM Price/Sales (Trailing)

WSM Profitability

EBT Margin

17.82%

Return on Equity

83.22%

Return on Assets

25.6%

Free Cashflow Yield

9.11%

WSM Fundamentals

WSM Revenue

Revenue (TTM)

8.7B

Revenue Y/Y

-1.92%

Revenue Q/Q

11.88%

WSM Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

-11.9%

Earnings Q/Q

41.03%

Price Action

52 Week Range

105.34175.70

(Low)(High)

Last 7 days

3.5%

Last 30 days

-4.4%

Last 90 days

-6.3%

Trailing 12 Months

-10.5%

WSM Financial Health

Current Ratio

1.11

WSM Investor Care

Buy Backs (1Y)

8.00%

Diluted EPS (TTM)

16.32

Peers (Alternatives to Williams-Sonoma)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TJX	88.7B	49.9B	-2.61%	19.90%	25.36	1.78	2.85%	6.55%
BBY	15.8B	46.3B	-1.50%	-8.39%	11.17	0.34	-10.55%	-42.18%
MID-CAP
WSM	7.7B	8.7B	-4.37%	-10.47%	6.8	0.88	5.20%	0.14%
LAD	6.8B	28.5B	11.35%	-19.36%	5.95	0.24	12.95%	-8.74%
AN	6.4B	26.6B	6.76%	15.12%	4.92	0.24	-0.23%	-12.82%
RH	5.5B	3.6B	-1.36%	-13.52%	10.5	1.55	-4.48%	-23.22%
FL	3.9B	8.8B	-38.01%	-17.91%	11.34	0.44	-2.22%	-61.70%
GPS	2.9B	15.6B	-12.40%	-24.89%	-14.54	0.19	-6.32%	-178.91%
SIG	2.9B	7.8B	-11.27%	8.68%	7.57	0.36	0.21%	-51.07%
SMALL-CAP
BKE	1.6B	1.3B	-5.58%	-2.52%	6.23	1.18	3.91%	-0.08%
CWH	903.1M	6.8B	22.87%	2.73%	6.59	0.13	-3.23%	-54.58%
CONN	107.1M	1.3B	-5.65%	-66.67%	-1.81	0.08	-15.57%	-154.80%
TCS	121.7M	1.1B	-20.06%	-67.07%	2.27	0.11	-0.92%	-42.81%
BBBY	12.6M	6.2B	-82.43%	-99.45%	-0.01	0	-26.37%	-225.93%

Financials for Williams-Sonoma

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-0.5%	8,674	8,722	8,577	8,388	8,246
Gross Profit	-3.0%	3,678	3,793	3,778	3,708	3,632
S&GA Expenses	-2.7%	2,179	2,240	2,234	2,206	2,179
EBITDA	0.9%	1,762	1,746	1,700	-	-
EBITDA Margin	-0.8%	0.20*	0.20*	0.20*	-	-
Earnings Before Taxes	-3.4%	1,501	1,554	1,544	1,502	1,451
EBT Margin	-1.0%	0.18*	0.18*	0.18*	-	-
Interest Expenses	-74.5%	1.00	3.00	-	-	-
Net Income	-4.1%	1,128	1,176	1,174	1,153	1,126
Net Income Margin	-1.5%	0.13*	0.14*	0.14*	-	-
Free Cahsflow	-13.3%	851	982	1,061	-	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	1.5%	4,663	4,594	4,319	4,211	4,626
Current Assets	-1.2%	2,036	2,061	1,929	1,929	2,324
Cash Equivalents	224.9%	367	113	125	325	850
Inventory	-13.7%	1,456	1,688	1,542	1,396	1,246
Net PPE	5.6%	1,065	1,009	974	942	921
Goodwill	-9.3%	77.00	85.00	85.00	85.00	85.00
Liabilities	-6.9%	2,962	3,181	3,041	2,901	2,961
Current Liabilities	-11.8%	1,636	1,855	1,811	1,744	1,772
LT Debt, Current	-	-	-	-	-	-
Shareholder's Equity	20.4%	1,701	1,413	1,278	1,310	1,664
Retained Earnings	30.2%	1,142	877	750	790	1,074
Additional Paid-In Capital	3.5%	573	554	542	532	601
Shares Outstanding	-0.5%	66.00	67.00	67.00	69.00	72.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-10.1%	1,053	1,171	1,279	1,317	1,371
Share Based Compensation	-2.4%	90.00	92.00	101	97.00	95.00
Cashflow From Investing	-10.7%	-353	-319	-296	-255	-226
Cashflow From Financing	15.0%	-1,178	-1,387	-1,507	-1,370	-1,491
Dividend Payments	-0.1%	217	218	209	200	188
Buy Backs	-19.1%	880	1,088	1,214	1,085	899

Risks for WSM

What is the probability of a big loss on WSM?

69.2%

Probability that Williams-Sonoma stock will be more than 20% underwater in next one year

62.7%

Probability that Williams-Sonoma stock will be more than 30% underwater in next one year.

30.4%

Probability that Williams-Sonoma stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WSM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Williams-Sonoma was unfortunately bought at previous high price.

Drawdowns

Returns for WSM

Cumulative Returns on WSM

10.5%

10-Year Cumulative Returns

14.6%

7-Year Cumulative Returns

18.5%

5-Year Cumulative Returns

13.5%

3-Year Cumulative Returns

What are the long-term rolling returns for WSM?

FIve years rolling returns for Williams-Sonoma.

Annualized Returns

Which funds bought or sold WSM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	SHEETS SMITH WEALTH MANAGEMENT	unchanged	-	139,855	2,524,440	0.39%
2023-05-26	ProShare Advisors LLC	added	1.29	2,356,810	34,968,000	0.11%
2023-05-25	Brandywine Global Investment Management, LLC	added	101	18,613,500	34,993,300	0.14%
2023-05-23	Toroso Investments, LLC	added	34.83	657,000	2,194,000	0.04%
2023-05-23	BROOKFIELD Corp /ON/	sold off	-100	-400,151	-	-%
2023-05-23	Front Row Advisors LLC	unchanged	-	1,000	22,000	0.01%
2023-05-23	ROYCE & ASSOCIATES LP	new	-	841,279	841,279	0.01%
2023-05-22	FDx Advisors, Inc.	unchanged	-	-	260,000	0.01%
2023-05-22	AMERIPRISE FINANCIAL INC	added	0.98	5,601,830	86,743,800	0.03%
2023-05-18	JPMORGAN CHASE & CO	added	17.57	5,839,150	29,715,200	-%

Latest Funds Activity

Are funds buying WSM calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own WSM

No. of Funds

Williams-Sonoma News

Schedule 13G FIlings of Williams-Sonoma

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	aristotle capital management, llc	6.95%	4,637,462	SC 13G/A
Feb 13, 2023	blackhill capital inc	5.94%	3,951,370	SC 13G
Feb 13, 2023	capital research global investors	6.2%	4,094,521	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	11.92%	7,937,719	SC 13G/A
Feb 07, 2023	blackrock inc.	9.4%	6,271,877	SC 13G/A
Jul 11, 2022	fmr llc	-	0	SC 13G/A
Feb 14, 2022	aristotle capital management, llc	7.00%	5,206,018	SC 13G/A
Feb 11, 2022	capital research global investors	7.7%	5,629,556	SC 13G/A
Feb 11, 2022	blackhill capital inc	5.50%	4,014,370	SC 13G

WSM Fair Value

Show Fair-Value

Recent SEC filings of Williams-Sonoma

View All Filings

Date Filed	Form Type	Document
May 26, 2023	10-Q	Quarterly Report
May 23, 2023	8-K	Current Report
May 03, 2023	4	Insider Trading
May 03, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 18, 2023	4	Insider Trading
Apr 18, 2023	4	Insider Trading

Latest Insider Trading transactions for WSM

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-01	Ready William J	acquired	-	-	198	-
2023-05-01	Finucane Anne A.	acquired	-	-	175	-
2023-04-18	Benson Marta	sold (taxes)	-446,529	118	-3,765	ceo pottery barn brands
2023-04-18	Howie Jeffrey	sold (taxes)	-114,923	118	-969	evp chief financial officer
2023-04-18	King David Randolph	acquired	-	-	5,207	evp general counsel
2023-04-18	Benson Marta	acquired	-	-	7,593	ceo pottery barn brands
2023-04-18	King David Randolph	sold (taxes)	-306,225	118	-2,582	evp general counsel
2023-04-18	Howie Jeffrey	acquired	-	-	1,953	evp chief financial officer
2023-04-18	ALBER LAURA	acquired	-	-	26,033	president & ceo
2023-04-18	ALBER LAURA	sold (taxes)	-1,530,890	118	-12,908	president & ceo

About Williams-Sonoma

Laura J. Alber

www.williams-sonomainc.com

21000

Williams-Sonoma, Inc. operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. The company also provides home decor products under the West Elm brand; kids accessories under the Pottery Barn Kids brand; and an organic bedding to multi-purpose furniture under the Pottery Barn Teen brand. In addition, it offers made-to-order lighting, hardware, furniture, and home decors inspired by history under the Rejuvenation brand; and women's and men's accessories, travel, entertaining and bar, home dÃƒÂ©cor, and seasonal items under the Mark and Graham brand, as well as operates a 3-D imaging and augmented reality platform for the home furnishings and dÃƒÂ©cor industry. The company markets its products through e-commerce websites, direct-mail catalogs, and retail stores. It operates 544 stores comprising 502 stores in 41states, Washington, D.C., and Puerto Rico; 20 stores in Canada; 19 stores in Australia; 3 stores in the United Kingdom; and 139 franchised stores, as well as e-commerce websites in various countries in the Middle East, the Philippines, Mexico, South Korea, and India. Williams-Sonoma, Inc. was founded in 1956 and is headquartered in San Francisco, California.

WSM Income Statement

2023-04-30

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2023	May 01, 2022
Income Statement [Abstract]
Net revenues	$ 1,755,451	$ 1,891,227
Cost of goods sold	1,080,392	1,062,679
Gross profit	675,059	828,548
Selling, general and administrative expenses	475,582	505,067
Operating income	199,477	323,481
Interest income, net	(5,498)	(163)
Earnings before income taxes	204,975	323,644
Income taxes	48,444	69,531
Net earnings	$ 156,531	$ 254,113
Basic earnings per share (in USD per share)	$ 2.38	$ 3.59
Diluted earnings per share (in USD per share)	$ 2.35	$ 3.50
Shares used in calculation of earnings per share:
Basic (in shares)	65,849	70,851
Diluted (in shares)	66,696	72,652

WSM Balance Sheet

2023-04-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2023	Jan. 29, 2023	May 01, 2022
Current assets
Cash and cash equivalents	$ 297,291	$ 367,344	$ 324,835
Accounts receivable, net	109,203	115,685	122,946
Merchandise inventories, net	1,401,616	1,456,123	1,396,135
Prepaid expenses	62,723	64,961	60,997
Other current assets	27,993	31,967	23,939
Total current assets	1,898,826	2,036,080	1,928,852
Property and equipment, net	1,050,026	1,065,381	942,460
Operating lease right-of-use assets	1,258,599	1,286,452	1,102,056
Deferred income taxes, net	70,758	81,389	48,737
Goodwill	77,330	77,307	85,298
Other long-term assets, net	115,498	116,407	103,310
Total assets	4,471,037	4,663,016	4,210,713
Current liabilities
Accounts payable	629,561	508,321	642,619
Accrued expenses	205,175	247,594	183,729
Gift card and other deferred revenue	452,505	479,229	490,821
Income taxes payable	87,680	61,204	126,270
Operating lease liabilities	229,751	231,965	211,614
Other current liabilities	97,144	108,138	88,587
Total current liabilities	1,701,816	1,636,451	1,743,640
Long-term operating lease liabilities	1,186,231	1,211,693	1,038,249
Other long-term liabilities	116,165	113,821	119,080
Total liabilities	3,004,212	2,961,965	2,900,969
Stockholders’ equity
Preferred stock: $0.01 par value; 7,500 shares authorized; none issued	0	0	0
Common stock: $0.01 par value; 253,125 shares authorized; 64,222, 66,226 and 69,219 shares issued and outstanding at April 30, 2023, January 29, 2023 and May 1, 2022, respectively	643	663	693
Additional paid-in capital	531,940	573,117	532,205
Retained earnings	951,926	1,141,819	789,852
Accumulated other comprehensive loss	(16,258)	(13,809)	(12,267)
Treasury stock, at cost: 6, 1 and 1 shares as of April 30, 2023, January 29, 2023 and May 1, 2022, respectively	(1,426)	(739)	(739)
Total stockholders’ equity	1,466,825	1,701,051	1,309,744
Total liabilities and stockholders’ equity	$ 4,471,037	$ 4,663,016	$ 4,210,713