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

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Williams-Sonoma, Inc. announces third quarter 2023 results

November 16, 2023 9:01 AM EST

Q3 comparable brand revenue -14.6%
Record Q3 operating margin of 17.0%; diluted EPS of $3.66
Raises full year operating margin outlook

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the third quarter ended October 29, 2023 versus the third quarter ended October 30, 2022.

We are proud to deliver another quarter of strong earnings, significantly exceeding expectations, despite a challenging macroeconomic backdrop for our industry. We beat profitability estimates with a record third quarter operating margin of 17.0% with earnings per share of $3.66. These results were achieved... More