Morgan Stanley Remains Equalweight on Williams-Sonoma (WSM) Following 2Q

WEST ELM OPENS FIRST STORE IN RHODE ISLAND

August 25, 2016 10:00 AM EDT

Retailer Showcases the Creative Capital's Local Makers and Artisans on the East Side of Providence

BROOKLYN, N.Y.--(BUSINESS WIRE)-- Home furnishings retailer West Elm today announced the opening of its new store in Providences Wayland Square neighborhood on Thursday, September 1 at 10 a.m. The 11,473 square-foot store is the Brooklyn-based retailer's first store in... More

WEST ELM OPENS IN DOWNTOWN PALM SPRINGS SEPTEMBER 1

August 25, 2016 9:40 AM EDT

Celebrates Palm Springs by Showcasing Local Makers and Artisans in Store

BROOKLYN, N.Y.--(BUSINESS WIRE)-- Home furnishings retailer West Elm announced today it will open a new store in Palm Springs on Thursday, September 1 at 10 a.m. The 10,076 square-foot West Elm store is the anchor tenant of the Downtown Palm Springs Revitalization Project,... More

WILLIAMS-SONOMA KICKS OFF NATIONAL FUNDRAISING CAMPAIGN BENEFITING NO KID HUNGRY

August 25, 2016 9:03 AM EDT

Campaign launches with exclusive products designed by celebrities and chefs

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma announces today the launch of its fifth annual campaign to benefit No Kid Hungry®, a national initiative to end childhood hunger in America. This year the retailer is tripling its fundraising goal from 2015, aiming to raise $1.5 million, which will help connect children in need to nearly 15 million meals.

This Smart News Release features multimedia. View the full release here:... More

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

   

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  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%.  

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

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Q2 16 diluted earnings per share... More