Homefurnishing Retail

HAVERTY FURNITURE COMPANIES, INC. (NYSE: HVT) announced that it is making outlays of $2.4 million for remodeling and improvements to ten of its showrooms in the Atlanta market. The initiative, called “Bright Inspirations,” is part of a company-wide visual merchandising and display program. Havertys...

According to Sterne Agee, Pier 1 Imports (NYSE: PIR) is likely to report Q2 (ending Aug) sales before the market open on September 1, with earnings likely to be reported mid September. Sterne Agee said that the estimate has been for SSS +8.0% versus a challenging +11.2% LY, with Retail Metrics...

Shares of Williams-Sonoma (NYSE: WSM) are higher on the session by 1.86%, currently trading at $31.22. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the September...

International Strategy & Investment Group has published a research report on Williams-Sonoma (NYSE: WSM). In the report, ISI wrote, "At first blush, the lowered retail sales were a little concerning, but with total revenue guidance flat (based on DTC up), this is a very positive thing. We have...

Citi is out with its report today on Williams-Sonoma (NYSE: WSM), lowering its PT to $35 from $42. In its report, Citi writes, "We are raising our FY12 estimate to $2.25 from $2.22, reflecting updated guidance and 2Q results. Our FY13 and FY14 estimates go to $2.56 from $2.53 and $2.70 from $2.67...

Merriman Capital is out with a research report on Williams-Sonoma Inc. (NYSE: WSM) and is reiterating its Buy rating with a price target range of $44-$47. In a note to clients, Merriman Capital writes, "The company's F2Q11 results were $0.01 above Street expectations but missed our estimate by a...

J.P.Morgan Chase & Co. is out with a research report on Williams-Sonoma, Inc. (NYSE: WSM) and is lowering its price target to $37 from $41, but is keeping its Neutral rating on shares. In a note to clients, J.P.Morgan Chase & Co. writes, "We believe today's results and guidance...

Citigroup has lowered the price target on Williams-Sonoma (NYSE: WSM) from $42 to $35 and maintains its Hold rating.

JP Morgan has lowered the price target on Williams-Sonoma (NYSE: WSM) from $41 to $37 and maintains its Neutral rating.

Goldman Sachs has published a research report on Medtronic (NYSE: WSM). In the report, Goldman Sachs wrote, "Medtronic reported 1QFY12 adjusted EPS of $0.79 (vs. $0.80 in the year ago quarter) – lower than our estimate of $0.81 and in line with consensus. The reported top line revenue of $4.049...

International Strategy & Investment has published a research report on Williams-Sonoma (NYSE: WSM) reacting to 2Q results. In the report, International Strategy & Investment wrote, "Overall a solid quarter; retail comps a little worse than expected, while margins were better. Direct to...

Goldman Sachs has published a research report on Williams-Sonoma (NYSE: WSM) In the report, Goldman Sachs wrote, "The firm missed the Street on total sales, with retail SSS tracking short of guidance, while direct-to-consumer exceeded guidance and our forecast. Gross margin tracked at the low-end...

Citi has published a research report on Williams-Sonoma (NYSE: 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)...

H.J. Heinz Co (NYSE: HNZ) reported a decline in its fiscal first-quarter profit. Heinz's quarterly profit dropped to $226.1 million, or $0.70 per share, from $240.4 million, or $0.76 per share, in the year-earlier period. Its sales climbed to $2.85 billion from $2.48 billion. Excluding special...

This is your Benzinga news summary and traders' outlook for Tuesday, August 23, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. At last check, Dow futures are up about 100 points and the U.S....