Why Williams-Sonoma Stock Absolutely Skyrocketed to an All-Time High Today
Williams-Sonoma(WSM) The Motley Fool·2024-11-21 03:09
Shares of home-goods retailer Williams-Sonoma (WSM 27.40%) absolutely skyrocketed on Wednesday after the company reported financial results for the third quarter of 2024. As of noon ET, Williams-Sonoma stock was up 31% and hitting all-time highs.Williams-Sonoma is giving back to shareholdersWilliams-Sonoma stock is now up 77% so far in 2024 and up 100% over the past year. But its full-year revenue is expected to drop 1.5% to 3% compared with 2023 -- hardly what one would expect for a company with a soaring ...