Close

Williams-Sonoma (WSM) Reports In-Line Q2 EPS; Guides Q3, FY16 EPS Below Views

Go back to Williams-Sonoma (WSM) Reports In-Line Q2 EPS; Guides Q3, FY16 EPS Below Views

Williams-Sonoma, Inc. announces second quarter 2016 results Net revenues grow 2.8% with EPS of $0.58 Merchandise inventories down 6.6%

August 24, 2016 4:15 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second fiscal quarter ended July 31, 2016 (Q2 16) versus the second fiscal quarter ended August 2, 2015 (Q2 15).

2nd QUARTER 2016 RESULTS

   

-

  Q2 16 net revenues grew 2.8% to $1.159 billion versus $1.127 billion in Q2 15 with comparable brand revenue growth of 0.6%.  

-

Q2 16 operating margin was 7.2% versus 7.4% in Q2 15.  

-

Q2 16 diluted earnings per share... More