Williams Sonoma Tumbles 11%, Not a Knife to Catch

Shares of Williams-Sonoma (WSM) have tumbled today after the home-products retailer offered a disappointing outlook even as it met second-quarter earnings forecasts. Williams-Sonoma reported a profit of 53 cents a share, in line with estimates, on revenue of $1.04 billion, also meeting expectations. That alone would probably have been enough to send Williams-Sonoma’s shares lower [...]