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Thursday, May 26, 2022

Buffett Watch -- May 26, 2022

Oldies but goodies. Two links:

Was SNOW a huge mistake? Link here.


Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

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Unrelated To Buffett

In other news.

Robbin' the 'hood

Williams-Sonoma soars. More evidence the gap between the investing class and the non-investing class is continuing to widen.

Williams-Sonoma's stock is rising in after hours trading, on the home furnishing retailer’s better-than-expected fiscal first-quarter results. It’s the latest sign that wealthier consumers aren’t pulling back in the face of inflation, or scrimping on home goods despite the pandemic’s waning hold on the country.

After the bell Wednesday, Williams-Sonoma  said it earned $3.50 a share, on revenue that rose more than 8% year over year, to $1.89 billion. Analysts were looking for EPS of $2.90 on revenue of $1.81 billion.

I wonder why? Link here. Is anyone paying attention? Did Trump, Obama, or Bush ever have any years like this?

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