Williams-Sonoma's stock surge of 138% was driven by a 26% quarterly dividend increase and $1bn share repurchase.

Williams-Sonoma's stock surged 138% over the past year, driven by a 26% quarterly dividend increase and a $1bn share repurchase authorization. Its strong results also lifted RH's stock by 8%, despite RH underperforming during the pandemic. Both companies are seen as potential recovery candidates as interest rates and the housing market are expected to improve, but investors should be cautious due to ongoing macroeconomic challenges.

March 17, 2024
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