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7.85978149808508E-05 -0.00257800833136837 -0.00278236265031829 -0.00389845162304491 -0.00337970604417194 -0.00671225339935547 -0.00297099740627208 0.000361549948911449
Stock impact report

RH Q4 Earnings & Revenues Miss Estimates, FY24 View Solid [Yahoo! Finance]

Williams-Sonoma, Inc. (DE) (WSM) 
Last williams-sonoma, inc. (de) earnings: 3/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.williams-sonomainc.com
Company Research Source: Yahoo! Finance
The top and bottom lines missed the Zacks Consensus Estimate and declined on a year-over-year basis. Nonetheless, its strong fiscal 2024 guidance for revenues and margins is encouraging investors. While RH expects business conditions to remain challenging until interest rates ease and the housing market begins to rebound, it expects demand trends to accelerate throughout fiscal 2024. Earnings, Revenue & Margin Discussion Adjusted earnings of 72 cents per share lagged the consensus mark of $1.71 by 57.9% and decreased from the year-ago figure of $2.88. RH Price, Consensus and EPS Surprise RH price-consensus-eps-surprise-chart | RH Quote Adjusted net revenues of $738 million missed the consensus mark of $777 million by 5% and fell 4.4% on a year-over-year basis. Revenues declined $40 million due to the severe weather in January and shipping delays related to the ongoing conflict in the Red Sea. Adjusted gross margin contracted 430 basis points (bps) to 43.5% in the report Show less Read more
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