Williams-Sonoma Inc. (NYSE: WSM) reported higher second quarter earnings of 53 cents per diluted share compared with 49 cents per diluted share in the year ago period but the home furnishings retailer forecast current quarter and full year earnings below expectations. The stock price plummeted $8.96 to close at $65.93.
Williams-Sonoma's outlook falls short
August 28, 2014 at 17:11 PM EDT
