With a market cap of $17.5 billion, Williams-Sonoma, Inc. (WSM) operates as an omnichannel specialty retailer of various products for the home. Founded in 1956, the San Francisco, California-based company offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks.
The company is expected to report its Q1 earnings on Wednesday, May 28. Ahead of the event, analysts expect WSM to report an EPS of $1.75 per share, down 14.2% from a profit of $2.04 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is impressive. Its EPS of $3.28 in the recent quarter surpassed the analysts’ expectations by 12.7%, driven by a robust increase in demand for its products and sales.
