Williams-Sonomoa Inc Click Here for Current Quote Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Company's products are also available to customers through its catalogs and online across the world.
I'm thinking about doing a buy/write on this one tomorrow. I like the fundamentals on this stock. I'm thinking about buying at 57.50 and then selling a call on it for August with a strike at 62.50. That would give a premium of 1.70 plus a .37 dividend. Another choice is to do the June option at same strike for 1.10 premium and not wait for the dividend. Sleeping on this one but it is attractive to me.
Reported after close today (5/25/16) Earnings: EPS $0.53 Revenue $1.1B Estimates: EPS $0.50 Revenue $1.08B Up 3.28% after hours
Upcoming dividend information: Ex-Div-Date: 10/25/16 Payment Date: 11/23/16 Dividend: $0.37 Current Price: $47.54 Annual Yield: 3.11%
Analyst Upgrade/Downgrade Update Brokerage firm: Oppenheimer Change: Downgrade Previous Rating: Outperform Current Rating: Perform Previous Price Target: N/A Current Price Target: N/A
Analyst Upgrade/Downgrade Update Brokerage firm: Robert W. Baird Change: Downgrade Previous Rating: Outperform Current Rating: Neutral Previous Price Target: $61 Current Price Target: $52
Williams-Sonoma (WSM) also reported fourth quarter earnings that exceeded analyst estimates, although the home furnishings and cookware retailer reported weaker than expected revenues.
Williams-Sonoma shares are trading higher after the company reported better-than-expected Q2 EPS and sales results, announced a $1.25 billion buyback and raised its dividend from $0.59 to $0.71 per share. Aug 26, 2021 7:16a ET