Citi Comments on Williams-Sonoma at the Second Quarter

Citi has published a research report on Williams-Sonoma WSM. In the report, Citi wrote, "We believe that key themes will be 1) sustainability of SSS trends (the company will continue to lap LDD/HSD comps for the balance of the year), 2) potential/progress for international expansion, 3) commentary around the company's ability to pass on rising commodity price inflation, 4) magnitude of market share gains and 5) momentum in the company's higher margin e-commerce sales." Citi rated Williams-Sonoma a High Risk HOLD with a price target of $42.00. Williams-Sonoma closed Monday at $30.03.