Williams-Sonoma's Q2 Comparable Brand Revenue Declined 11.9% With 2-Year Comp -0.6% And 4-Year Comp +39.7%
Portfolio Pulse from Benzinga Newsdesk
Williams-Sonoma's Q2 comparable brand revenue has declined by 11.9%, with a 2-year comp of -0.6% and a 4-year comp of +39.7%.
August 23, 2023 | 1:08 pm
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Williams-Sonoma's Q2 comparable brand revenue has seen a decline of 11.9%, indicating a potential negative impact on the company's stock.
The decline in Williams-Sonoma's Q2 comparable brand revenue indicates a potential decrease in the company's profitability, which could negatively impact the stock price. The 2-year comp of -0.6% further supports this. However, the 4-year comp of +39.7% shows a long-term positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100