Jefferies Remains Sidelined on Williams-Sonoma (WSM) Following 1Q

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Go back to Jefferies Remains Sidelined on Williams-Sonoma (WSM) Following 1Q

Rejuvenation Expands National Footprint with Pirch Partnership

May 26, 2016 9:15 AM EDT

The Portland-based home goods manufacturer and retailer becomes strategic lighting partner for Pirch showrooms

PORTLAND, Ore.--(BUSINESS WIRE)-- Rejuvenation, a general store for useful and beautiful products for the home, today announced a new strategic partnership with Pirch, the innovative home retailer that showcases the worlds most admired kitchen, bathroom and outdoor appliance brands within a one-of-a-kind, experiential environment.

... More

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