Jim Cramer Says Williams-Sonoma’s “Tariff Hit Is Pretty Variable and Pretty Covered”

Williams-Sonoma, Inc. (NYSE:WSM) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company’s “tariff hit,” as he remarked:

“How about two I really like right here: Williams-Sonoma and Gap. Their tariff hit is pretty variable and pretty covered. These are all moving targets, but these two companies are firing on all cylinders. Williams-Sonoma is even guiding for a modest year-over-year increase in operating margins at the midpoint despite the tariffs.”

Stock market data. Photo by Alesia Kozik on Pexels

Williams-Sonoma, Inc. (NYSE:WSM) sells cookware, kitchen tools, home furnishings, decor, bedding, lighting, rugs, and personalized or custom home products. Cramer discussed the company’s earnings during the November 19 episode, as he said:

“What’s happening with the stock of Williams-Sonoma? This morning, the furniture and home goods chain, which also owns Pottery Barn and West Elm, reported a solid top and bottom-line beat. First, the stock jumped more than 4%, but then it gave back those gains during the conference call when we heard that there might be a significant tariff hit this quarter. Williams-Sonoma ultimately finished in the red… I think that the stock’s going to go higher, not lower.”

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Disclosure: None. This article is originally published at Insider Monkey.