Williams-Sonoma reported earnings of 68 cents a share for the third quarter, beating analysts' estimates of 63 cents a share for the quarter. Revenue grew 8.6% year over year to $1.14 billion for the quarter. Analysts surveyed by Zacks Investment Research expected revenue of $1.12 billion for the quarter.
The company said comparable-store sales grew 8.7% in the third quarter. Comparable-store sales grew 7% at Pottery Barn stores, 4.3% at Williams-Sonoma stores, 8.6% at Pottery barn Kids stores, 17.4% at West Elm stores, and 11.7% at PBteen stores.
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TheStreet Ratings team rates WILLIAMS-SONOMA INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate WILLIAMS-SONOMA INC (WSM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
You can view the full analysis from the report here: WSM Ratings Report