Investing.com - Williams-Sonoma reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Williams-Sonoma announced earnings per share of $3.72 on revenue of $2.19B. Analysts polled by Investing.com anticipated EPS of $3.73 on revenue of $2.15B.
Williams-Sonoma shares are down 22.83% from the beginning of the year and are trading at $117.50 , down-from-52-week-high.
Williams-Sonoma shares lost 9.97% in after-hours trade following the report.
Williams-Sonoma follows other major Consumer Discretionary sector earnings this month
Williams-Sonoma's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.
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