: Williams-Sonoma’s stock reverses higher after profit beats expectations but sales miss amid ‘ongoi

Shares of Williams-Sonoma Inc. WSM bounced back into positive territory in morning trading Thursday, after the home goods and furniture retailer beat profit expectations but missed on revenue and cut its full-year outlook, citing “ongoing consumer hesitancy” on high-ticket furniture spend. The stock climbed 2.9% toward a 15-month high, and has soared 12.5% amid a five-day win streak. Net income for the quarter to Oct. 29 slipped to $237.3 million, or $3.66 a share, from $251.7 million, or...