The FTC and the Justice Department said Friday that Williams-Sonoma Inc. has agreed to a settlement, which includes a $3.175 million civil penalty.
Among leading growth stocks, several home furnishing retailers have made quite a classy run since the October market bottom, soaring as much as 70%. Through Wednesday, the 16-member Retail-Home Furnishings industry group ranked sixth among 197 companies on IBD's industries list for six-month price performance. A pullback among key growth stocks in the group, however, has pinched the group's year-to-date return to nearly 4%.
Williams-Sonoma and Ethan Allen are part of the Zacks Industry Outlook article.