Williams-Sonoma Inc

WSM

Equity

ISIN US9699041011 / Valor 986550

New York Stock Exchange, Inc (2025-04-01)

USD 158.87+0.49%

Williams-Sonoma Inc
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About company

Williams-Sonoma, Inc. stands as a prominent figure in the retail sector, particularly noted for its substantial presence in the e-commerce landscape within the home furnishings niche. The company boasts a portfolio of highly recognized and cherished brands, catering to a diverse clientele across the globe. With a strategic retail footprint that extends beyond the United States to include Canada, Puerto Rico, Australia, and the United Kingdom, Williams-Sonoma, Inc. has established a robust international presence. Additionally, the company has expanded its reach through franchising agreements in various countries across the Middle East, the Philippines, and Mexico, further solidifying its position in the global market. Customers worldwide have the convenience of accessing its wide range of products not only through physical retail outlets but also via catalogs and an online platform, ensuring a comprehensive and accessible shopping experience.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue and Earnings

In the third quarter of 2024, Williams-Sonoma Inc. reported a comparable brand revenue decline of 2.9%. Despite this, the company achieved a 7.1% increase in diluted earnings per share, reaching $1.96. This growth in earnings per share reflects the company's focus on operational improvements and strong profit margins.

Operating Margin

Williams-Sonoma Inc. reported an operating margin of 17.8% for the third quarter of 2024. This represents an increase of 80 basis points compared to the previous year. The improvement in operating margin is attributed to higher merchandise margins and supply chain efficiencies.

Stock Repurchase Program

In September 2024, Williams-Sonoma Inc.'s Board of Directors approved a new $1 billion stock repurchase authorization. This new authorization will take effect once the current program, announced in March 2024, is fully utilized. The total stock repurchase authorization now stands at $1.3 billion, allowing the company to continue returning value to shareholders.

Inventory and Liquidity

As of the third quarter of 2024, Williams-Sonoma Inc. reported merchandise inventories of $1.45 billion, a 3.8% increase from the previous year. The company maintained a strong liquidity position with $827 million in cash and generated $254 million in operating cash flow, supporting stock repurchases and dividend payments totaling $606 million.

Outlook for Fiscal 2024

Williams-Sonoma Inc. has raised its full-year 2024 guidance, now expecting a net revenue decline in the range of 1.5% to 3.0%. The company also increased its operating margin guidance to a range of 17.8% to 18.2%. The positive outlook is driven by improved sales trends and operational efficiencies, positioning the company for a strong finish to the year.

Summarized from source with an LLMView Source

Key figures

0.89%1Y

124%3Y

745%5Y

Performance

112%1Y

74.2%3Y

65.0%5Y

Volatility