Piper Jaffray Cuts Price Target on Williams-Sonoma (WSM) to $62 Following 1Q Report
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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 EDTReiterates 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
   Â 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%.
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Q1 16 operating margin was 5.8% versus 7.0% in Q1 15. Excluding unusual business events due to... More
