Impervious to the disasters that are consumer, retail, and housing, Williams-Sonoma heads into tomorrow morning’s results with a historically rich valuation while sitting smack-dab in the middle of all three sectors, and with extreme downside asymmetry. This post provides historical valuation context looking back twenty quarters, a summary of Consensus expectations for the print and forward guidance, and a working three-statement financial model to tinker with yourself.
Historical Valuation Context