Great company with a great logo that will soon be worth buying
today minus 11 % đ $WSM (+2.91%)
what do you think
Posts
22Great company with a great logo that will soon be worth buying
today minus 11 % đ $WSM (+2.91%)
what do you think
Here are the stocks being added to the index:
DoorDash $DASH (-5.77%)
TKO Group $TKO
Williams Sonoma $WSM (+2.91%)
Expand Energy $CHK (-7.84%)
Here are the stocks being removed from the index:
Borgwarner $BWA (-4.25%)
Teleflex $TFX (-3.6%)
Celeanese $CE (-12.95%)
Williams-Sonoma, Inc. Q3 FY2024 #EarningsReport Summary | $WSM (+2.91%)
In Q3 FY2024, Williams-Sonoma showcased resilience despite revenue declines, driven by operational efficiencies and margin improvements. The quarter highlighted sustained profitability and raised optimism for the full-year outlook.
đ Income Statement Highlights (vs. Q3 FY2023):
â«ïž Net Income: $248.95M vs. $237.29M (+4.91%)
â«ïž Total Revenue: $1.80B vs. $1.85B (-2.90%)
â«ïž Adjusted EPS: $1.96 vs. $1.83 (+7.10%)
â«ïž Gross Margin: 46.70% vs. 44.40% (+230bps)
â«ïž Operating Income: $320.64M vs. $315.08M (+1.77%)
â«ïž Operating Margin: 17.80% vs. 17.00% (+80bps)
â«ïž SG&A Expenses: $521.07M vs. $507.28M (+2.72%)
đŒ Balance Sheet Highlights (vs. October 29, 2023):
â«ïž Total Assets: $4.97B vs. $4.88B (+1.73%)
â«ïž Cash & Cash Equivalents: $826.78M vs. $698.81M (+18.34%)
â«ïž Merchandise Inventories: $1.45B vs. $1.40B (+3.82%)
â«ïž Total Liabilities: $3.06B vs. $3.07B (-0.33%)
â«ïž Equity: $1.91B vs. $1.81B (+5.14%)
đź Future Outlook:
Williams-Sonoma raised its fiscal 2024 guidance. Key updates include:
â«ïž Revenue: Expected decline narrowed to -3.0% to -1.5%.
â«ïž Operating Margin: Increased forecast to 18.4%-18.8% (inclusive of adjustments).
â«ïž Long-term Outlook: Targeting mid-to-high single-digit revenue growth and operating margins in the mid-to-high teens.
The company remains optimistic heading into Q4, traditionally its strongest quarter, with continued focus on operational efficiencies and customer engagement.
$WSM (+2.91%) Is anyone holding the stock on Trade Republic? The split has been done for a long time but the Buy IN price at TR is still wrong for me. Does anyone else have the same problem? If not, I hope to get a qualified answer from the support team.
#grueneostern Very satisfied. The portfolio will be 3 years old in April. 2022 was difficult but also took some opportunities that are now paying off, even the emerging markets $IBC3 (-4.9%) are green for the first time in 3 years :D here's to the next few years:-)
In the individual stocks $WSM (+2.91%) is a surprise after all. Followed by $AVGO (-5.25%)
$HIMS (-7.52%)
$KLAC (-6.34%) & $NOVO B (-6.66%)
The week summarized:
Monday
Tuesday
Wednesday
Thursday
Friday
This has been a long marathon, finally the sub-portfolio is complete - at least for now. It took us a little longer than a year to reach the intended number of 10 different stocks! đ
-
What do you think about the selection? Would you have replaced one stock with another? đ€
-
At this point, it is worth mentioning that I have already initiated the sale of UFP Industries. The reason for this is not that I am not convinced by the performance, but the "post-treatment" of the return: the income cleaning extremely reduces the return in that case. Lastly, in a Patreon post, I had explained again in detail what you should pay attention to when selecting stocks related to revenue cleansing (note: it is not only the share of impure revenue that matters) đ
-
Do you guys have a replacement candidate for UFP? đ€
Current tenbagger portfolio:
$FIVE (-3.41%)
$NVDA (-7.25%)
$WCH (-7.57%)
$CPRT (-3%)
$TRI (-3.58%)
$BOOT (+1.71%)
$UFPI (+0.84%)
$WSM (+2.91%)
$BILL (-7.34%)
$AMN (-6.84%)