Williams-sonoma (Q2 Analysis) Lowered Its Guidance For FY 2023 But Its Profitability And Long-term Prospects Remain Strong
The guidance for FY 2023 was lowered to reflect the slowdown trends in the industry and their notable impact on the furniture segment. WSM now expects a revenue decline in the range of -5% to -10%. However, here is why we consider the company will outperform in the long term