I recently looked into WSM but decided not to buy it. It's great that over 50% of their revenue come from online, being 21st largest online retailer, 12+ years of dividend growth and they don't have any debt.
But last quarterly report shows they are getting stagnant. They won't go bankrupt due to amazon but they will lose market share. They thought people will never buy clothing online but look at where the retailers are now. I don't think furniture or kitchen items are much difference.
The uncertainty of WSM still alive and thriving in next 20 years is final reason why I decided not to go ahead.
But last quarterly report shows they are getting stagnant. They won't go bankrupt due to amazon but they will lose market share. They thought people will never buy clothing online but look at where the retailers are now. I don't think furniture or kitchen items are much difference.
The uncertainty of WSM still alive and thriving in next 20 years is final reason why I decided not to go ahead.