Williams-Sonoma (WSM) Reports In-Line Q2 EPS; Issues Light Q3 EPS Outlook
Williams-Sonoma (NYSE: WSM) reported Q2 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.
Comparable brand revenue growth in Q2 15 increased 6.3% on top of 5.7% in Q2 14.
E-commerce net revenues in Q2 15 increased 9.1% to $570 million from $523 million in Q2 14. E-commerce net revenues generated 51% of total company net revenues in Q2 15, compared to 50% in Q2 14.
Williams-Sonoma sees FY2015 EPS of $3.35-$3.45, versus the consensus of $3.48. Williams-Sonoma sees FY2015 revenue of $4.95-5.02 billion, versus the consensus of $5.01 billion.
The company sees Q3 revenue of $1.19 - $1.22 billion and EPS of $0.68 - $0.73, with consensus estimates at revenue of $1.22 billion and EPS of $0.75.
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