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Company: Williams-Sonoma (WSM)
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71%
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7 votes

  Decrease in consumer spending is killing WSM

Williams Sonoma (WSM) same store sales were crushed at its 613 Williams Sonoma and Pottery Barn stores - down 11.7% from the year ago period. As a result, EPS, exluding gains from the sale of a corporate jet, were off 65% from the year ago period

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0%
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0 votes

  The stock jumped from $26-$34.50 since last earnings report

seems like this thing is rigged, be careful, there is a lot of money out there that driving the price up, any real bad news should knock it down. I'd say sell now when it is high, then buy bacl low to make money and do it all over again.

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0 votes

  Stock was trading at $18 not so long ago

Seems strange how the stock price can jump $10 when fundamentals have not changed. The conference call was not so exciting nor revealing.

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