Williams-Sonoma, Inc. (WSM) Reports In-Line Q2 EPS; Guides FY14 EPS Below Expectations

Williams-Sonoma, Inc. (NYSE: WSM) reported Q2 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.05 billion.

Comps grew 5.7 percent.

Laura Alber, President and Chief Executive Officer, commented, “We are pleased to have delivered another quarter of solid performance, once again demonstrating the competitive advantages resulting from our multi-brand, multi-channel business model.”

Alber continued, “We enter the second half of 2014 well-positioned across our brands from a marketing, merchandise offering, store and online experience standpoint. We remain focused on disciplined execution against our growth initiatives and a balanced approach to capital allocation to continue to drive shareholder value.”

Williams-Sonoma, Inc. sees Q3 2014 EPS of $0.58 - $0.63, versus the consensus of $0.66. Williams-Sonoma, Inc. sees Q3 2014 revenue of $1.10 - $1.13 billion, versus the consensus of $1.13 billion.

Williams-Sonoma, Inc. sees FY2014 EPS of $3.07 - $3.17, versus the consensus of $3.2. Williams-Sonoma, Inc. sees FY2014 revenue of $4.645 - $4.725 billion, versus the consensus of $4.72 billion.

For earnings history and earnings-related data on Williams-Sonoma, Inc. (WSM) click here.

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