Great company with a great logo that will soon be worth buying
today minus 11 % đ $WSM (+1.3%)
what do you think
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22Great company with a great logo that will soon be worth buying
today minus 11 % đ $WSM (+1.3%)
what do you think
Here are the stocks being added to the index:
DoorDash $DASH (+2.48%)
TKO Group $TKO
Williams Sonoma $WSM (+1.3%)
Expand Energy $CHK (+0.12%)
Here are the stocks being removed from the index:
Borgwarner $BWA (+1.5%)
Teleflex $TFX (+2.65%)
Celeanese $CE (+2.7%)
Williams-Sonoma, Inc. Q3 FY2024 #EarningsReport Summary | $WSM (+1.3%)
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 (+1.3%) 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 (-0.27%) are green for the first time in 3 years :D here's to the next few years:-)
In the individual stocks $WSM (+1.3%) is a surprise after all. Followed by $AVGO (-2.17%)
$HIMS (+8.65%)
$KLAC (-1.45%) & $NOVO B (-2.62%)
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
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What do you think about the selection? Would you have replaced one stock with another? đ€
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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
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Do you guys have a replacement candidate for UFP? đ€
Current tenbagger portfolio:
$FIVE (+0.61%)
$NVDA (+0.4%)
$WCH (-2.86%)
$CPRT (+0.55%)
$TRI (-1.29%)
$BOOT (+1.08%)
$UFPI (+0.2%)
$WSM (+1.3%)
$BILL (-1.08%)
$AMN (+1.75%)
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