Williams-Sonoma Shows Progress, Makes a High-Tech Acquisition
Williams-Sonoma (NYSE: WSM) released third-quarter 2017 results on Thursday after the market closed, demonstrating relative stability with healthy demand across its various store concepts. The home-furnishings retailer also announced an intriguing acquisition of 3D imaging start-up Outward, signaling a deeper dive into the world of augmented reality for its digital platforms.
Let's take a look around, then, to get a better feel for how Williams-Sonoma kicked off the second half of the year and what investors should expect from the company in the quarters ahead.
Image source: Williams-Sonoma/Pottery Barn.
Source: Fool.com
Williams-Sonoma Inc. Stock
Currently there is a rather positive sentiment for Williams-Sonoma Inc. with 18 Buy predictions and 10 Sell predictions.
On the other hand, the target price of 241 € is below the current price of 263.9 € for Williams-Sonoma Inc., so the potential is actually -8.68%.