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Stock Market & Financial Investment News

News Breaks
January 16, 2013
16:07 EDTWSMWilliams-Sonoma reports holiday revenue up 4.8%, reaffirms outlook
Williams-Sonoma announced that net revenues for the nine-week holiday period increased 4.8% to $1.014B versus the comparable last year nine-week holiday period ended January 1, 2012. Comparable brand revenues increased 4.4%. The company said, "As our overall financial performance was within our range of expectations for the holiday period, we are reiterating the financial guidance we provided for the fourth quarter and fiscal year 2012 in our November 14, 2012 earnings release."
News For WSM From The Last 14 Days
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April 20, 2015
16:21 EDTWSMWilliams-Sonoma initiated with a Hold at Cantor
Target $77.
April 13, 2015
06:22 EDTWSMGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link

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