1254 ET - Williams-Sonoma's weakness today is somewhat surprising given strong results in F4Q, but the issue may lie with guidance, says Citi's Steven Zaccone in a research note. The home-products retailer forecast revenue to range between a decline of 1.5% to growth of 1.5%, while comp sales are expected to be flat to up 3% while operating margins were set between 17.4% and 17.8%. Zaccone says the guidance may be considered by some too optimistic given growing consumer uncertainty and tariff risk. "In addition, guidance for sales growth and a lack of EBIT margin expansion may disappoint investors at this point in the company's lifecycle," adds the analyst. Williams-Sonoma slides 6.7% to $160.75. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
March 19, 2025 12:54 ET (16:54 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.