Pulse of the Market: Wednesday’s 10 Worst Performers

8. Williams-Sonoma Inc. (NYSE:WSM)

Williams-Sonoma dropped for a second day on Wednesday, losing 3.49 percent to finish at $166.27 each as investors sold off positions following a cautious outlook for its business.

WSM, which operates home furnishing stores such as Pottery Barn, and West Elm, among others, said that it expects full-year revenues to land in the range of plus or minus 1.5 percent, with a flat same-store sales growth (SSSG).

Meanwhile, Wall Street analysts expect sales to grow a bit better, with SSSG of 1.53 percent.

The bearish outlook overshadowed the company’s impressive earnings performance during the last quarter of the year, having booked revenues of $2.46 billion versus the $2.35 billion estimated by analysts.

“We have been, and will continue to be, focused on returning to growth,” said WSM CEO Laura Alber in a statement.