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Williams-Sonoma (WSM) Tops Q1 EPS by 3c

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Williams-Sonoma, Inc. beats first quarter 2016 estimates Net revenues grow 6.5% with comparable brand revenue growth of 4.5% GAAP EPS of $0.44, non-GAAP EPS increases 10.4% to $0.53

May 25, 2016 4:16 PM EDT

Reiterates full-year guidance

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the first fiscal quarter ended May 1, 2016 (Q1 16) versus the first fiscal quarter ended May 3, 2015 (Q1 15).

1st QUARTER 2016 RESULTS

       

  Q1 16 net revenues grew 6.5% to $1.098 billion versus $1.031 billion in Q1 15 with comparable brand revenue growth of 4.5%.

 

Q1 16 operating margin was 5.8% versus 7.0% in Q1 15. Excluding unusual business events due to... More