Williams-Sonoma (WSM) Tops Q3 EPS by $1.03c, Revenues Beat

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Go back to Williams-Sonoma (WSM) Tops Q3 EPS by $1.03c, Revenues Beat

Williams-Sonoma, Inc. announces third quarter 2020 results

November 19, 2020 4:15 PM EST

Net comparable brand revenue growth accelerates to 24.4%
GAAP operating margin of 15.6%; Non-GAAP operating margin expansion of 810bps to 15.7%
GAAP diluted EPS of $2.54; Non-GAAP diluted EPS of $2.56, growing over 150%

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the third fiscal quarter ended November 1, 2020 (Q3 20) versus the third fiscal quarter ended November 3, 2019 (Q3 19).

In the third quarter, sales again outperformed expectations with demand comp up nearly 31% compared to a net comp of 24%, driven by strength across all brands. E-commerce... More