Williams-Sonoma (WSM) Tops Q1 EPS by 26c

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Williams-Sonoma, Inc. announces first quarter 2023 results

May 23, 2023 9:00 AM EDT

Q1 comparable brand revenue decline of 6.0%
GAAP operating margin of 11.4%; non-GAAP operating margin of 12.9%
GAAP diluted EPS of $2.35; non-GAAP diluted EPS of $2.64
Reiterates full year outlook

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the first quarter ended April 30, 2023 versus the first quarter ended May 1, 2022.

Despite a challenging macro backdrop, we delivered another solid quarter of earnings. With our focus on compelling product, customer service, and profitability, we achieved our financial expectations, said Laura Alber,... More