Recent News
July 29–30, 2026: several broker updates and analyst actions hit the tape, including a rating reduction and fresh analyst commentary; July–August filings show multiple institutional buys and sells reported; August 12–15, 2026: ownership filings from asset managers and a mixed set of analyst notes circulated ahead of the company’s August results.
Technical Analysis
ADX and Directional Indicators: ADX at 19.84 indicates no established trend, while DI+ (21.61) shows a decreasing path and DI- (16.43) shows a dip-and-reversal; those DI readings skew the near-term directional bias toward bearishness despite the weak trend strength.
MACD: MACD at 11.25 with a peak-and-reversal pattern and a signal line at 12.37 constitutes bearish momentum; MACD sits below its signal line, reinforcing short-term momentum loss relative to recent price strength.
MRO: MRO registers positive at 12.39, which indicates price sits above the model target and faces downward pressure; the positive MRO therefore implies a potential corrective move from current levels.
RSI and Momentum: RSI near 54.5 with a peak-and-reversal shows momentum cooling from recent gains rather than a fresh overbought condition, supporting the case for limited upside in the next several sessions.
Price Versus Moving Averages and Bands: the last close at $624.33 sits below the 20‑day average ($633.96) while remaining above the 50‑day ($591.33) and 200‑day ($603.94); the 12‑day EMA shows a peak-and-reversal, and price remains inside the Bollinger bands (upper ~ $646.90, lower ~ $621.02), implying consolidation with resistance near the short-term average and immediate support near the lower band.
Volume & Volatility Context: ten‑day average volume (~194,607) sits above recent daily activity and the 50/200‑day volumes, suggesting episodic attention; 42‑ and 52‑week volatility at ~3% point to relatively subdued realized volatility for a midsize retail name, which increases the likelihood of range-bound action rather than violent breakout moves.
Fundamental Analysis
Operating performance: operating (EBIT) margin stands at 8.45%, a QoQ decline of -40.91% but a YoY improvement of +39.02%; EBIT equals $129,270,000 and EBITDA equals $174,030,000, indicating the company retains positive operating leverage despite recent quarter-to-quarter compression.
Earnings and guidance signals: reported EPS equaled $6.26 versus an estimate of $4.21, producing an EPS surprise of +48.69% (difference $2.05); the company filed the relevant operating results on August 13, 2026 (period ending July 31, 2026).
Revenue and growth: total revenue equals $1,530,434,000; sequential revenue growth shows -3.66% while year-over-year revenue growth reads +416.64% per the provided metric — QoQ sales contraction contrasts with the large YoY growth figure reported.
Liquidity and capital structure: cash and short‑term investments total $1,260,771,000 with cash alone at $763,077,000; current ratio equals 3.03 and cash ratio equals 1.43, signaling ample near-term liquidity. Total debt sits at $456,835,000 with debt-to-equity near 21.54% and debt-to-assets at 12.18%, providing cushion for capital flexibility.
Cash flow and returns: operating cash flow recorded -$37,178,000 and free cash flow was negative at -$59,453,000, yielding a free cash flow yield of -0.66%; return on equity registers 4.61% while return on invested capital equals 3.89%, and earnings growth shows -42.83% on the period with a large positive QoQ swing noted in quarterly growth metrics.
Valuation posture: WMDST values the stock as over‑valued; market multiples show a trailing PE around 92.77, a price-to-book near 4.28 and enterprise multiple near 47.50, which underpins the WMDST valuation stance given the combination of stretched multiples and mixed cash‑flow dynamics.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-07-31 |
| REPORT DATE: | 2026-08-13 |
| NEXT REPORT DATE: | 2026-11-12 |
| CASH FLOW | Begin Period Cash Flow | $ 1.2 B |
| Operating Cash Flow | $ -37.18 M | |
| Capital Expenditures | $ -22.27 M | |
| Change In Working Capital | $ -176.13 M | |
| Dividends Paid | $ -4.68 M | |
| Cash Flow Delta | $ -394.58 M | |
| End Period Cash Flow | $ 763.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.5 B | |
| Forward Revenue | $ 527.6 M | |
| COSTS | ||
| Cost Of Revenue | $ 909.3 M | |
| Depreciation | $ 44.8 M | |
| Depreciation and Amortization | $ 44.8 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 1.4 B | |
| PROFITABILITY | ||
| Gross Profit | $ 621.1 M | |
| EBITDA | $ 174.0 M | |
| EBIT | $ 129.3 M | |
| Operating Income | $ 129.3 M | |
| Interest Income | $ 2.8 M | |
| Interest Expense | — | |
| Net Interest Income | $ 2.8 M | |
| Income Before Tax | $ 127.1 M | |
| Tax Provision | $ 29.8 M | |
| Tax Rate | 23.407 % | |
| Net Income | $ 97.7 M | |
| Net Income From Continuing Operations | $ 97.7 M | |
| EARNINGS | ||
| EPS Estimate | $ 4.21 | |
| EPS Actual | $ 6.26 | |
| EPS Difference | $ 2.05 | |
| EPS Surprise | 48.694 % | |
| Forward EPS | $ 8.62 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 3.7 B | |
| Intangible Assets | — | |
| Net Tangible Assets | $ 2.1 B | |
| Total Current Assets | $ 2.7 B | |
| Cash and Short-Term Investments | $ 1.3 B | |
| Cash | $ 763.1 M | |
| Net Receivables | $ 45.4 M | |
| Inventory | $ 1.3 B | |
| Long-Term Investments | $ 93.6 M | |
| LIABILITIES | ||
| Accounts Payable | $ 794.7 M | |
| Short-Term Debt | $ 80.0 M | |
| Total Current Liabilities | $ 883.8 M | |
| Net Debt | — | |
| Total Debt | $ 456.8 M | |
| Total Liabilities | $ 1.6 B | |
| EQUITY | ||
| Total Equity | $ 2.1 B | |
| Retained Earnings | $ 6.7 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 135.79 | |
| Shares Outstanding | 15.617 M | |
| Revenue Per-Share | $ 98.00 | |
| VALUATION | Market Capitalization | $ 9.1 B |
| Enterprise Value | $ 8.3 B | |
| Enterprise Multiple | 47.495 | |
| Enterprise Multiple QoQ | 54.107 % | |
| Enterprise Multiple YoY | 5.956 % | |
| Enterprise Multiple IPRWA | high: 86.211 median: 58.481 mean: 53.26 DDS: 47.495 low: -14.211 |
|
| EV/R | 5.401 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.768 | |
| Asset To Liability | 2.302 | |
| Debt To Capital | 0.177 | |
| Debt To Assets | 0.122 | |
| Debt To Assets QoQ | -9.231 % | |
| Debt To Assets YoY | -18.552 % | |
| Debt To Assets IPRWA | high: 0.586 median: 0.386 mean: 0.362 DDS: 0.122 low: 0.081 |
|
| Debt To Equity | 0.215 | |
| Debt To Equity QoQ | -21.428 % | |
| Debt To Equity YoY | -24.988 % | |
| Debt To Equity IPRWA | high: 3.02 median: 1.344 mean: 1.241 DDS: 0.215 low: 0.156 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 4.277 | |
| Price To Book QoQ | -5.918 % | |
| Price To Book YoY | 19.597 % | |
| Price To Book IPRWA | high: 16.15 median: 11.048 mean: 9.953 DDS: 4.277 low: -3.775 |
|
| Price To Earnings (P/E) | 92.77 | |
| Price To Earnings QoQ | 72.297 % | |
| Price To Earnings YoY | -6.578 % | |
| Price To Earnings IPRWA | high: 134.448 DDS: 92.77 mean: 78.67 median: 54.652 low: -42.49 |
|
| PE/G Ratio | -2.166 | |
| Price To Sales (P/S) | 5.926 | |
| Price To Sales QoQ | 2.246 % | |
| Price To Sales YoY | 32.639 % | |
| Price To Sales IPRWA | high: 11.891 median: 11.332 mean: 7.601 DDS: 5.926 low: 0.162 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 65.776 | |
| Forward PE/G | -1.536 | |
| Forward P/S | 17.191 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 11.762 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.388 | |
| Asset Turnover Ratio QoQ | -6.654 % | |
| Asset Turnover Ratio YoY | -4.102 % | |
| Asset Turnover Ratio IPRWA | high: 0.631 median: 0.414 mean: 0.406 DDS: 0.388 low: 0.111 |
|
| Receivables Turnover | 33.103 | |
| Receivables Turnover Ratio QoQ | -9.591 % | |
| Receivables Turnover Ratio YoY | 17.613 % | |
| Receivables Turnover Ratio IPRWA | DDS: 33.103 high: 27.198 median: 23.229 mean: 20.734 low: 0.147 |
|
| Inventory Turnover | 0.652 | |
| Inventory Turnover Ratio QoQ | 1.401 % | |
| Inventory Turnover Ratio YoY | -8.631 % | |
| Inventory Turnover Ratio IPRWA | high: 2.4 median: 1.301 mean: 1.217 DDS: 0.652 low: 0.254 |
|
| Days Sales Outstanding (DSO) | 2.757 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 50.654 | |
| Cash Conversion Cycle Days QoQ | 25.159 % | |
| Cash Conversion Cycle Days YoY | 2.16 % | |
| Cash Conversion Cycle Days IPRWA | high: 189.448 DDS: 50.654 median: 30.159 mean: 30.051 low: -4.24 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.851 | |
| CapEx To Revenue | -0.015 | |
| CapEx To Depreciation | -0.498 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 2.5 B | |
| Net Invested Capital | $ 2.5 B | |
| Invested Capital | $ 2.5 B | |
| Net Tangible Assets | $ 2.1 B | |
| Net Working Capital | $ 1.8 B | |
| LIQUIDITY | ||
| Cash Ratio | 1.427 | |
| Current Ratio | 3.034 | |
| Current Ratio QoQ | 28.175 % | |
| Current Ratio YoY | 13.084 % | |
| Current Ratio IPRWA | DDS: 3.034 high: 1.881 mean: 1.246 median: 1.147 low: 0.73 |
|
| Quick Ratio | 1.582 | |
| Quick Ratio QoQ | 32.188 % | |
| Quick Ratio YoY | 12.146 % | |
| Quick Ratio IPRWA | DDS: 1.582 high: 1.109 mean: 0.565 median: 0.559 low: 0.07 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 2.625 | |
| Cost Of Debt | 0.619 % | |
| Interest Coverage Ratio | 28.727 | |
| Interest Coverage Ratio QoQ | -43.079 % | |
| Interest Coverage Ratio YoY | 38.52 % | |
| Interest Coverage Ratio IPRWA | high: 107.211 mean: 63.409 median: 40.091 DDS: 28.727 low: -27.771 |
|
| Operating Cash Flow Ratio | 0.091 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 98.345 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 20.851 | |
| Dividend Payout Ratio | 0.048 | |
| Dividend Rate | $ 0.30 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -9.374 % | |
| Revenue Growth | -3.663 % | |
| Revenue Growth QoQ | -81.817 % | |
| Revenue Growth YoY | 416.643 % | |
| Revenue Growth IPRWA | high: 31.102 % median: 5.983 % mean: 5.121 % DDS: -3.663 % low: -8.328 % |
|
| Earnings Growth | -42.831 % | |
| Earnings Growth QoQ | 330.419 % | |
| Earnings Growth YoY | -25.172 % | |
| Earnings Growth IPRWA | high: 464.286 % mean: 42.367 % median: -5.435 % DDS: -42.831 % low: -470.0 % |
|
| MARGINS | ||
| Gross Margin | 40.582 % | |
| Gross Margin QoQ | -10.241 % | |
| Gross Margin YoY | 8.089 % | |
| Gross Margin IPRWA | high: 76.845 % DDS: 40.582 % mean: 35.394 % median: 33.671 % low: 17.827 % |
|
| EBIT Margin | 8.447 % | |
| EBIT Margin QoQ | -40.914 % | |
| EBIT Margin YoY | 39.022 % | |
| EBIT Margin IPRWA | high: 22.901 % median: 13.419 % mean: 13.063 % DDS: 8.447 % low: -6.248 % |
|
| Return On Sales (ROS) | 8.447 % | |
| Return On Sales QoQ | -40.914 % | |
| Return On Sales YoY | 39.022 % | |
| Return On Sales IPRWA | high: 22.901 % median: 13.09 % mean: 12.829 % DDS: 8.447 % low: -6.521 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -59.45 M | |
| Free Cash Flow Yield | -0.656 % | |
| Free Cash Flow Yield QoQ | -117.419 % | |
| Free Cash Flow Yield YoY | -174.886 % | |
| Free Cash Flow Yield IPRWA | high: 24.539 % mean: 1.787 % median: 1.005 % DDS: -0.656 % low: -13.692 % |
|
| Free Cash Growth | -117.145 % | |
| Free Cash Growth QoQ | -244.663 % | |
| Free Cash Growth YoY | 62.356 % | |
| Free Cash Growth IPRWA | high: 387.429 % median: 72.488 % mean: -22.776 % DDS: -117.145 % low: -1277.226 % |
|
| Free Cash To Net Income | -0.609 | |
| Cash Flow Margin | 5.271 % | |
| Cash Flow To Earnings | 0.826 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.477 % | |
| Return On Assets QoQ | -62.224 % | |
| Return On Assets YoY | 29.078 % | |
| Return On Assets IPRWA | high: 6.4 % median: 4.149 % mean: 3.907 % DDS: 2.477 % low: -5.26 % |
|
| Return On Capital Employed (ROCE) | 4.51 % | |
| Return On Equity (ROE) | 0.046 | |
| Return On Equity QoQ | -62.765 % | |
| Return On Equity YoY | 21.37 % | |
| Return On Equity IPRWA | high: 0.217 median: 0.126 mean: 0.121 DDS: 0.046 low: -0.183 |
|
| DuPont ROE | 4.712 % | |
| Return On Invested Capital (ROIC) | 3.888 % | |
| Return On Invested Capital QoQ | -43.016 % | |
| Return On Invested Capital YoY | 32.065 % | |
| Return On Invested Capital IPRWA | high: 15.368 % median: 11.032 % mean: 9.486 % DDS: 3.888 % low: -2.976 % |
|