Williams-Sonoma (WSM) Earnings, Nice EPS Beat But Margin Pressure Bigger Issue, Piper Jaffray Says; PT to $72

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Williams-Sonoma, Inc. announces third quarter 2015 results Net revenues grow 7.8% with operating margin of 9.0% Diluted EPS increases 13.2% to $0.77 Reiterates full year guidance

November 19, 2015 4:15 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the third fiscal quarter ended November 1, 2015 (Q3 15) versus the third fiscal quarter ended November 2, 2014 (Q3 14).

3rd QUARTER 2015 RESULTS

            Q3 15 net revenues grew 7.8% to $1.232 billion versus $1.143 billion in Q3 14 with comparable brand revenue growth of 4.5%.   Q3 15 operating margin was 9.0% versus 9.2% in Q3 14.  ... More