Why Williams-Sonoma Stock Was Sliding Today
Shares of Williams-Sonoma (NYSE: WSM) were sinking Friday after a warning about its long-term growth prospects marred an otherwise strong quarterly report.
As of 12:48 p.m. ET, the stock was down by 7.2%.
At a time when nearly every home goods retailer is struggling, Wiliams-Sonoma reported strong fiscal third-quarter results after the close on Thursday, bucking the industry trend.
Source Fool.com