Williams-Sonoma, Inc. announces third quarter 2023 results

Go back to Williams-Sonoma, Inc. announces third quarter 2023 results

Williams-Sonoma (WSM) shares rise on strong profitability despite Q3 sales miss

November 16, 2023 10:33 AM EST

Williams-Sonoma (NYSE: WSM) shares are up more than 4% in early Thursday trading on the back of its latest quarterly earnings, which topped profit expectations.

The retailer reported third-quarter earnings of $3.66 per share, $0.32 better than the analyst estimate of $3.34. However, revenue in the quarter was below expectations, coming in at $1.85 billion versus the consensus estimate of $1.94 billion.

The company said its gross margin... More

Williams-Sonoma (WSM) Tops Q3 EPS by 32c

November 16, 2023 9:02 AM EST

Williams-Sonoma (NYSE: WSM) reported Q3 EPS of $3.66, $0.32 better than the analyst estimate of $3.34. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.94 billion.

OUTLOOK:

We are updating our fiscal 2023 guidance. We now... More