|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||124.76 - 127.09|
|52 Week Range||55.33 - 127.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||100.76|
Williams-Sonoma is in a sweet spot in the home goods space, CNBC's Jim Cramer says. The "Mad Money" host also explains how the market's top retail stocks are succeeding. In the lightning round, Cramer warns about investing in master limited partnerships.
The furniture and home goods e-tailer has become a pretty direct bet on blockchain technologies, for better and for worse.
Wells Fargo & Co. said Friday it was hit in the second quarter with a $481 million tax expense related to a legal decision. Turns out it was the recent U.S. Supreme Court ruling affecting online retailers, which is also reaching out to hit non-retailers as well. The case, which involved South Dakota and retailer Wayfair Inc., doesn’t seem at first blush as if it would affect a bank like Wells Fargo, or extend beyond sales taxes.
The White House on Wednesday announced that it plans to impose additional tariffs of 10% on $200 billion worth of Chinese exports, intensifying the trade war with China. Here's why furniture stocks like Restoration Hardware (RH) have the most to lose.
On Tuesday, July 10, 2018, US markets saw broad based gains with seven out of nine sectors finishing the trading sessions in green. This Wednesday morning, WallStEquities.com looks at the performance of these four Catalog & Mail Order Houses stocks: Overstock.com Inc. (NASDAQ: OSTK), Vipshop Holdings Ltd (NYSE: VIPS), Wayfair Inc. (NYSE: W), and Amazon.com Inc. (NASDAQ: AMZN). On Tuesday, shares in Midvale, Utah headquartered Overstock.com Inc. recorded a trading volume of 1.18 million shares.
Wayfair Inc. , one of the world’s largest online destinations for the home, today announced that it will release financial results for its second quarter ended June 30, 2018 before the opening of the market on Thursday, August 2, 2018.
Wayfair Inc. , one of the world’s largest online destinations for the home, today launched Archie & Oscar, a new Wayfair-exclusive line of furniture and household accessories for pets.
A streaming video specialist, an e-commerce giant, and a cybersecurity company top this list of promising stock buys.
At first blush it looked like the Supreme Court ruling in South Dakota v. Wayfair could spell trouble for Amazon.com Inc., but experts say the decision could actually provide fresh opportunities for the e-commerce giant. Amazon (AMZN) shares fell 1.1% shortly after the Thursday ruling was announced. Investors feared the ruling, which said states have the right to collect sales tax on online companies that don’t have a physical presence in the state, could hurt the company.
Some e-commerce companies had a roller coaster of a day after the sales tax vote, but what does it mean for the long term?
The Supreme Court has issued its decision in the pivotal case of South Dakota v. Wayfair, Inc. The decision will have a profound effect upon sales taxation across the country. The case centered on whether a business is required to collect sales tax in the state of a purchaser, and if sales alone is sufficient to create “nexus” (the ability of a state to subject a business to its taxes). Wayfair (XNYS:W) challenged the State of South Dakota law requiring any entity with a minimum of $100,000 in sales or 200 individual transactions within the state to collect sales tax.
The majority of the analysts that cover Wayfair (W) have maintained a “buy” rating on the stock. On June 8, Oppenheimer raised the price target to $120.00 from the $105.00 projected earlier. Currently, analysts’ 12-month average target price for Wayfair stock is $87.76, which reflects a 22.9% downside to the stock price as of June 19.
Wayfair (W) has reported a strong gross margin for the past five years despite increases in the cost of goods. Higher revenue cushioned the gross margin, which has been in the 23% to 24% range. Gross margin for 2013, 2014, 2015, and 2016 stood at 24.5%, 23.6%, 24.0%, and 23.9%, respectively.
Wayfair (W) has reported revenue growth in the double digits for the past five years. The company posted revenue growth for 2013, 2014, 2015, and 2016 of 52.4%, 44.0%, 70.6%, and 50.2%, respectively. Wayfair has been aggressively making its mark as the online destination for home goods.
The latest meeting of oil cartel OPEC will be a highlight for markets on Friday while the U.S. earnings and economics calendar should be fairly benign.
Shares of online retailers fell on Thursday after the Supreme Court ruled 5-4 that states have the authority to require online retailers to collect sales tax on all purchases within their borders, whether the seller has a physical presence in the state or not. The decision overturned a 1992 ruling that concerned mail-order businesses, back when those sales totaled $180 million. In the majority opinion, Justice Anthony Kennedy cited studies that estimate that states lose between $8 billion and $33 billion a year from untaxed online sales.