BofA/Merrill Lynch Downgrades Williams-Sonoma (WSM) to Neutral

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Williams-Sonoma, Inc. announces second quarter 2015 results Net revenues grow 8.5%, with comparable brand revenue growth of 6.3% and diluted EPS of $0.58

August 26, 2015 4:10 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second fiscal quarter ended August 2, 2015 (Q2 15) versus the second fiscal quarter ended August 3, 2014 (Q2 14).

2nd QUARTER 2015 RESULTS

         

  Q2 15 net revenues grew 8.5% to $1.127 billion versus $1.039 billion in Q2 14, with comparable brand revenue growth of 6.3%.  

Q2 15 operating margin was 7.4% versus 8.2% in Q2 14.  

Q2 15 diluted earnings per share (EPS) was $0.58 versus $0.53 in Q2 14.... More