Recent News
03/24/2026: Board authorized a $0.35 quarterly dividend, payable April 29, 2026, with record date April 15. 04/09/2026: Company reported March 2026 net sales and named Scott A. Werth Senior Vice President of Stores. 05/07/2026: Company published April 2026 net sales results. 06/04/2026: Company reported May 2026 net sales and year-to-date results for the 17-week period ended May 30, 2026.
Technical Analysis
ADX at 30.42 indicates a strong directional environment; the combination of DI+ peak & reversal and DI- dip & reversal signals that downside momentum currently dominates, which supports a near-term negative price bias relative to the current valuation.
MACD sits negative at -1.39 with a peak & reversal trend and a signal line at -1.51, consistent with bearish momentum and reducing upside conviction despite any short-lived mean reversion attempts.
MRO reads -33.97 with a dip & reversal pattern, indicating price sits materially below the model target and, therefore, technical pressure contains a countervailing upward potential that could temper a prolonged decline.
RSI at 38.16 with a peak & reversal trend shows room to fall before oversold thresholds, reinforcing the near-term bearish bias while leaving scope for a rebound if momentum indicators shift.
Price sits below the 50-day ($49.31) and 200-day ($51.32) averages and the 12-day EMA is decreasing at $44.44, a configuration that favors lower near-term price trajectories; Bollinger band lower bounds around $43–$42.9 place the current close ($42.60) near—slightly below—the lower band levels, suggesting elevated intraday volatility around support bands.
Ichimoku components (Tenkan $44.08; Kijun $46.67; Senkou A/B ~ $52.44/$52.52) place price beneath the cloud, aligning with the bearish short-term trend while the ADX strength cautions against assuming an immediate reversal without a clear shift in directional indicators.
Fundamental Analysis
Revenue totaled $288.7M for the 13-week period ending May 2, 2026, with net income $46.9M; diluted EPS of $0.92 beat the estimate ($0.74) by $0.18, an EPS surprise of 24.32%—an outcome that supports underlying earnings quality even as top-line momentum shows mixed signals.
Operating metrics show an EBIT (operating) margin of 20.59%, which sits above the industry peer mean of 13.366% and above the industry peer high of 19.082%, reflecting superior margin capture; QoQ operating margin contracted by 18.338%, while YoY operating margin expanded by 28.678%, indicating recent volatility in margin progression tied to period comparisons.
Gross margin at 46.228% shows stability versus the industry peer mean of 42.419%; cash conversion cycle sits at 46.62 days—above the industry peer mean of 30.48 days—implying working-capital sits slightly heavier relative to peers despite strong cash balances ($266.2M) and cash & short-term investments of $289.98M that produce a cash ratio of 1.26 and a current ratio of 2.04.
Return metrics: ROE 10.22% and ROA 4.60% expanded YoY (ROE YoY +29.264%; ROA YoY +23.449%), but QoQ returns compressed sharply, reflecting recent quarter seasonality. Debt levels (total debt $410.9M; debt-to-assets 39.18%) remain within typical ranges; interest coverage stands high at 18.94x, limiting near-term solvency risk.
Valuation multiples appear rich: P/E ~ 55.98 and P/S ~ 9.19 with the current enterprise multiple showing elevation relative to historical norms; WMDST values the stock as over-valued. Free cash flow yield stands at ~1.31% with negative free-cash-growth QoQ, a factor that weighs on valuation despite strong reported cash generation and a dividend payout ratio of 38.46%.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-04-30 |
| REPORT DATE: | 2026-05-29 |
| NEXT REPORT DATE: | 2026-08-28 |
| CASH FLOW | Begin Period Cash Flow | $ 249.5 M |
| Operating Cash Flow | $ 49.3 M | |
| Capital Expenditures | $ -14.66 M | |
| Change In Working Capital | $ -8.23 M | |
| Dividends Paid | $ -18.03 M | |
| Cash Flow Delta | $ 16.7 M | |
| End Period Cash Flow | $ 266.2 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 288.7 M | |
| Forward Revenue | $ 83.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 155.3 M | |
| Depreciation | $ 6.5 M | |
| Depreciation and Amortization | $ 6.5 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 229.3 M | |
| PROFITABILITY | ||
| Gross Profit | $ 133.5 M | |
| EBITDA | $ 65.9 M | |
| EBIT | $ 59.5 M | |
| Operating Income | $ 59.5 M | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | $ 62.1 M | |
| Tax Provision | $ 15.2 M | |
| Tax Rate | 24.501 % | |
| Net Income | $ 46.9 M | |
| Net Income From Continuing Operations | $ 46.9 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.74 | |
| EPS Actual | $ 0.92 | |
| EPS Difference | $ 0.18 | |
| EPS Surprise | 24.324 % | |
| Forward EPS | $ 1.05 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.0 B | |
| Intangible Assets | — | |
| Net Tangible Assets | $ 458.9 M | |
| Total Current Assets | $ 471.0 M | |
| Cash and Short-Term Investments | $ 290.0 M | |
| Cash | $ 266.2 M | |
| Net Receivables | $ 7.3 M | |
| Inventory | $ 150.2 M | |
| Long-Term Investments | $ 10.2 M | |
| LIABILITIES | ||
| Accounts Payable | $ 60.6 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 230.7 M | |
| Net Debt | — | |
| Total Debt | $ 410.9 M | |
| Total Liabilities | $ 589.9 M | |
| EQUITY | ||
| Total Equity | $ 458.9 M | |
| Retained Earnings | $ 231.0 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 8.91 | |
| Shares Outstanding | 51.518 M | |
| Revenue Per-Share | $ 5.60 | |
| VALUATION | Market Capitalization | $ 2.7 B |
| Enterprise Value | $ 2.8 B | |
| Enterprise Multiple | 42.086 | |
| Enterprise Multiple QoQ | 61.317 % | |
| Enterprise Multiple YoY | 1.664 % | |
| Enterprise Multiple IPRWA | high: 177.335 mean: 50.093 median: 47.746 BKE: 42.086 low: -78.249 |
|
| EV/R | 9.608 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.286 | |
| Asset To Liability | 1.778 | |
| Debt To Capital | 0.472 | |
| Debt To Assets | 0.392 | |
| Debt To Assets QoQ | 1.18 % | |
| Debt To Assets YoY | 3.569 % | |
| Debt To Assets IPRWA | high: 0.95 mean: 0.452 median: 0.437 BKE: 0.392 low: 0.214 |
|
| Debt To Equity | 0.895 | |
| Debt To Equity QoQ | -0.936 % | |
| Debt To Equity YoY | 7.846 % | |
| Debt To Equity IPRWA | high: 4.366 mean: 1.124 BKE: 0.895 median: 0.892 low: -2.006 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 5.782 | |
| Price To Book QoQ | -9.234 % | |
| Price To Book YoY | 30.864 % | |
| Price To Book IPRWA | BKE: 5.782 high: 5.122 mean: 2.583 median: 2.392 low: -3.375 |
|
| Price To Earnings (P/E) | 55.979 | |
| Price To Earnings QoQ | 68.323 % | |
| Price To Earnings YoY | 1.892 % | |
| Price To Earnings IPRWA | high: 136.917 median: 77.251 mean: 74.538 BKE: 55.979 low: -72.826 |
|
| PE/G Ratio | -1.328 | |
| Price To Sales (P/S) | 9.189 | |
| Price To Sales QoQ | 35.587 % | |
| Price To Sales YoY | 27.1 % | |
| Price To Sales IPRWA | BKE: 9.189 high: 7.406 mean: 3.859 median: 3.413 low: 0.213 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 50.515 | |
| Forward PE/G | -1.199 | |
| Forward P/S | 31.826 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.48 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.283 | |
| Asset Turnover Ratio QoQ | -26.613 % | |
| Asset Turnover Ratio YoY | -1.674 % | |
| Asset Turnover Ratio IPRWA | high: 0.612 mean: 0.311 median: 0.293 BKE: 0.283 low: 0.078 |
|
| Receivables Turnover | 31.623 | |
| Receivables Turnover Ratio QoQ | -23.933 % | |
| Receivables Turnover Ratio YoY | -14.673 % | |
| Receivables Turnover Ratio IPRWA | high: 84.878 BKE: 31.623 mean: 11.144 median: 9.17 low: 4.719 |
|
| Inventory Turnover | 1.072 | |
| Inventory Turnover Ratio QoQ | -13.513 % | |
| Inventory Turnover Ratio YoY | -6.515 % | |
| Inventory Turnover Ratio IPRWA | high: 1.892 BKE: 1.072 mean: 0.712 median: 0.694 low: 0.308 |
|
| Days Sales Outstanding (DSO) | 2.886 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 46.62 | |
| Cash Conversion Cycle Days QoQ | -7.381 % | |
| Cash Conversion Cycle Days YoY | 19.33 % | |
| Cash Conversion Cycle Days IPRWA | high: 123.448 BKE: 46.62 median: 35.614 mean: 30.482 low: -23.408 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.202 | |
| CapEx To Revenue | -0.051 | |
| CapEx To Depreciation | -2.269 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 458.9 M | |
| Net Invested Capital | $ 458.9 M | |
| Invested Capital | $ 458.9 M | |
| Net Tangible Assets | $ 458.9 M | |
| Net Working Capital | $ 240.3 M | |
| LIQUIDITY | ||
| Cash Ratio | 1.257 | |
| Current Ratio | 2.042 | |
| Current Ratio QoQ | 7.899 % | |
| Current Ratio YoY | -2.442 % | |
| Current Ratio IPRWA | BKE: 2.042 high: 1.947 median: 1.311 mean: 1.236 low: 0.785 |
|
| Quick Ratio | 1.391 | |
| Quick Ratio QoQ | 6.734 % | |
| Quick Ratio YoY | -6.34 % | |
| Quick Ratio IPRWA | BKE: 1.391 high: 1.084 mean: 0.385 median: 0.382 low: 0.068 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 6.233 | |
| Cost Of Debt | 0.635 % | |
| Interest Coverage Ratio | 18.94 | |
| Interest Coverage Ratio QoQ | -40.927 % | |
| Interest Coverage Ratio YoY | 36.529 % | |
| Interest Coverage Ratio IPRWA | high: 109.852 mean: 26.643 BKE: 18.94 median: 8.361 low: -58.921 |
|
| Operating Cash Flow Ratio | 0.257 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 26.136 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.6 | |
| Dividend Payout Ratio | 0.385 | |
| Dividend Rate | $ 0.35 | |
| Dividend Yield | 0.007 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 5.802 % | |
| Revenue Growth | -27.661 % | |
| Revenue Growth QoQ | -213.337 % | |
| Revenue Growth YoY | -2.043 % | |
| Revenue Growth IPRWA | high: 13.262 % mean: -12.375 % median: -17.784 % BKE: -27.661 % low: -54.332 % |
|
| Earnings Growth | -42.138 % | |
| Earnings Growth QoQ | -164.21 % | |
| Earnings Growth YoY | -22.323 % | |
| Earnings Growth IPRWA | high: 37.785 % mean: -14.246 % median: -15.556 % BKE: -42.138 % low: -400.0 % |
|
| MARGINS | ||
| Gross Margin | 46.228 % | |
| Gross Margin QoQ | -12.122 % | |
| Gross Margin YoY | -0.93 % | |
| Gross Margin IPRWA | high: 68.334 % BKE: 46.228 % mean: 42.419 % median: 40.74 % low: 23.523 % |
|
| EBIT Margin | 20.591 % | |
| EBIT Margin QoQ | -18.338 % | |
| EBIT Margin YoY | 28.678 % | |
| EBIT Margin IPRWA | BKE: 20.591 % high: 19.082 % median: 14.315 % mean: 13.366 % low: -9.268 % |
|
| Return On Sales (ROS) | 20.591 % | |
| Return On Sales QoQ | -18.338 % | |
| Return On Sales YoY | 28.678 % | |
| Return On Sales IPRWA | BKE: 20.591 % high: 19.082 % median: 14.315 % mean: 13.394 % low: -7.857 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 34.7 M | |
| Free Cash Flow Yield | 1.306 % | |
| Free Cash Flow Yield QoQ | -65.164 % | |
| Free Cash Flow Yield YoY | 31.256 % | |
| Free Cash Flow Yield IPRWA | high: 5.1 % BKE: 1.306 % median: 0.834 % mean: 0.457 % low: -12.625 % |
|
| Free Cash Growth | -65.83 % | |
| Free Cash Growth QoQ | -140.091 % | |
| Free Cash Growth YoY | -20.069 % | |
| Free Cash Growth IPRWA | high: 77.641 % BKE: -65.83 % mean: -80.445 % median: -80.884 % low: -191.495 % |
|
| Free Cash To Net Income | 0.739 | |
| Cash Flow Margin | 20.51 % | |
| Cash Flow To Earnings | 1.263 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 4.596 % | |
| Return On Assets QoQ | -41.167 % | |
| Return On Assets YoY | 23.449 % | |
| Return On Assets IPRWA | high: 5.232 % BKE: 4.596 % median: 3.102 % mean: 2.956 % low: -2.73 % |
|
| Return On Capital Employed (ROCE) | 7.267 % | |
| Return On Equity (ROE) | 0.102 | |
| Return On Equity QoQ | -46.334 % | |
| Return On Equity YoY | 29.264 % | |
| Return On Equity IPRWA | high: 0.132 BKE: 0.102 median: 0.057 mean: -0.018 low: -0.241 |
|
| DuPont ROE | 10.612 % | |
| Return On Invested Capital (ROIC) | 9.782 % | |
| Return On Invested Capital QoQ | -46.194 % | |
| Return On Invested Capital YoY | 32.476 % | |
| Return On Invested Capital IPRWA | high: 12.645 % median: 11.692 % BKE: 9.782 % mean: 8.372 % low: -6.248 % |
|