Does Transparency Really Matter for Mutual Fund Conversions?
Justin Kuepper
|
Let's take a closer look at whether transparency really matters for portfolio managers...
The retailer posted net income of $147 million, or $1.57 per share, up from $133.8 million, or $1.38 per share, last year. Adjusted earnings were $1.52 per share, which matched analysts’ view.
Revenue
Sales increased 5.2% to $1.54 billion from $1.47 billion. Analysts expected to see revenue of $1.57 billion.
Outlook
Looking ahead, the company expects to see Q1 EPS between 40 cents and 45 cents. Analysts expect to see EPS of 54 cents.
For FY2015, WSM expects to see EPS between $3.35 and $3.45. Analysts expect to see EPS of $3.63.
On a segment basis, West Elm comps surged 19.6% (compared to 18.3% in the same quarter last year). Pottery Barn was the company’s weak segment, as comps rose just 2.9% (compared to a 7% increase last year).
The stock has outperformed both the S&P 500 and the retail industry over the last year. The company also boosted its dividend by 6%, and now offers a dividend yield of approximately 1.8%.
Symbol | Mutual Fund | Stake |
---|---|---|
VMCIX | Vanguard Mid Cap | 1.66% |
VTSMX | Vanguard Total Stock Market Index | 1.57% |
ACRNX | Columbia Acorn Z | 0.95% |
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Justin Kuepper
|
Let's take a closer look at whether transparency really matters for portfolio managers...
Kristan Wojnar, RCC™
|
We are looking at all things marketing in this week’s edition.
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The retailer posted net income of $147 million, or $1.57 per share, up from $133.8 million, or $1.38 per share, last year. Adjusted earnings were $1.52 per share, which matched analysts’ view.
Revenue
Sales increased 5.2% to $1.54 billion from $1.47 billion. Analysts expected to see revenue of $1.57 billion.
Outlook
Looking ahead, the company expects to see Q1 EPS between 40 cents and 45 cents. Analysts expect to see EPS of 54 cents.
For FY2015, WSM expects to see EPS between $3.35 and $3.45. Analysts expect to see EPS of $3.63.
On a segment basis, West Elm comps surged 19.6% (compared to 18.3% in the same quarter last year). Pottery Barn was the company’s weak segment, as comps rose just 2.9% (compared to a 7% increase last year).
The stock has outperformed both the S&P 500 and the retail industry over the last year. The company also boosted its dividend by 6%, and now offers a dividend yield of approximately 1.8%.
Symbol | Mutual Fund | Stake |
---|---|---|
VMCIX | Vanguard Mid Cap | 1.66% |
VTSMX | Vanguard Total Stock Market Index | 1.57% |
ACRNX | Columbia Acorn Z | 0.95% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's take a closer look at whether transparency really matters for portfolio managers...
Kristan Wojnar, RCC™
|
We are looking at all things marketing in this week’s edition.
Justin Kuepper
|
This article will look at how the rise of muni bond funds could...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...