Williams-Sonoma (WSM) Surges After Smashing Q2 Views and Raising Guidance, Analyst Bulled-Up as Strong Demand for Home Decor Continues

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Go back to Williams-Sonoma (WSM) Surges After Smashing Q2 Views and Raising Guidance, Analyst Bulled-Up as Strong Demand for Home Decor Continues

Williams-Sonoma, Inc. announces record second quarter results

August 25, 2021 4:15 PM EDT

Q2 revenues grow 30.7% with comparable brand revenue growth of 29.8%, 2YR comp of 40.3%
Q2 GAAP operating margin of 16.6%; Q2 Non-GAAP operating margin expansion of 360bps to 16.7%
Q2 GAAP diluted EPS of $3.21; Q2 Non-GAAP diluted EPS of $3.24, increasing 80%
Quarterly dividend increase of 20%; new stock repurchase authorization of $1.25 billion
Raises full-year 2021 and long-term outlook

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM), the worlds largest digital-first, design-led and sustainable home retailer, today announced operating results for the second fiscal quarter ended August 1, 2021 (Q2 21) versus the second fiscal quarter... More