Williams-Sonoma Shares Jump as Results Exceed Estimates
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Williams-Sonoma Inc., the San Francisco-based seller of cookware and home furnishings, climbed the most in eight months after third-quarter results topped analysts’ estimates.
Earnings were 68 cents a share in the period, which ended on Nov. 2, the company said yesterday in a statement. Analysts had predicted 63 cents on average, according to data compiled by Bloomberg. Sales climbed 8.7 percent to $1.14 billion, also above projections.