Retailers, consumers and prices
Check Out Line: More quarterly earnings to parse
Check out the latest quarterly earnings to size up.
Williams-Sonoma reported a better-than-expected profit on lower costs and strong holiday sales, and the home goods chain said it sees sales and earnings rising for the year.
The operator of the Pottery Barn, West Elm and Williams-Sonoma chains, which won many shoppers in the holiday season by offering more lower-priced home decor items, also boosted its quarterly dividend by 8.3 percent.
Tiffany’s message was more mixed as the upscale jeweler’s profit was lower-than-expected, but its full-year forecast was above the Street’s expectations.
Also in the basket:
Giddy Times for Chinese Wines (Wall Street Journal)