fallout williams sonoma / wsm

wsm ist nach bed bath and beyond das zweitgrößte einrichtungshaus und damit direkt vom
immobilienmarkt abhängig. http://immobilienblasen.blogspot.com/2006/07/fallout.html

http://biz.yahoo.com/bw/060824/20060824005227.html?.v=1

highlights:

Today, however, after five weeks in home with our new Pottery Barn fall catalog, we believe there is a greater macro-economic issue also affecting this business

a comparable store sales increase of 1.2%

Comparable store sales growth is projected to be in the range of 0.5% to 2.0%, versus previous guidance in the range of 2.0% to 3.5%. This compares to comparable store sales growth in fiscal year 2005 of 4.9% (unter berücksichtigung der inflation also negativ!, man beachte auch das tempo der verlangsamung)

Merchandise inventories at the end of the third quarter of fiscal year 2006 are projected to be in the range of $640.0 million to $650.0 million. Merchandise inventories at the end of the third quarter of fiscal year 2005 were $587.4 million. This represents a projected increase in merchandise inventories in the range of 9.0% to 10.7%. (wirklich vorhergesagt? ich rieche abschreibungen/räumungsverkäufe)


WILLIAMS-SONOMA CUTS FY EPS VIEW TO $1.87-$1.94

WILLIAMS-SONOMA FY EPS VIEW WAS $1.97 TO $2.01

WILLIAMS-SONOMA FY REVENUE VIEW WAS $3.83 BLN TO $3.9 BLN

WILLIAMS-SONOMA 'EXTREMELY CAUTIOUS' ON Q3, Q4 OUTLOOK

WILLIAMS-SONOMA CUTS FY REVENUE VIEW TO $3.75 BLN-$3.8 BLN

WILLIAMS-SONOMA Q2 30C VS 26C

WILLIAMS-SONOMA Q2 REVENUE $826 MLN VS $776 MLN

WILLIAMS-SONOMA Q2 EX-BENEFIT 29C

WILLIAMS-SONOMA BOARD OKS 5 MILLION SHARE BUYBACK

die obligatorische buybackankündigung nach schlechten news darf natürlich nicht fehlen. immerhin kann wsm sich das im gegensatz zu anderen auch leisten.

gruß
jan-martin

update call:

june sudden slowdown and since then it is getting worse
wie schon öfter gehört im zwietn quartal aus dem nichts ein einbruch und danach eher noch schlechter

prognose bei pottery born ursrünglich high single digit, tatsächlich 3%

Williams-Sonoma Cuts Outlook, Shares Drop to New 52-Week Low
http://biz.yahoo.com/ap/060824/williams_sonoma_mover.html?.v=1

gruß
jan-martin