Williams-Sonoma shares tumble on revenue miss, lowered revenue outlook

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Williams-Sonoma, Inc. announces second quarter 2024 results

August 22, 2024 8:00 AM EDT

Q2 comparable brand revenue -3.3%
Q2 operating margin of 16.2%; diluted EPS growth of 11.5% to $1.74
Revises 2024 outlook with lower revenues offset by higher operating margin

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second quarter ended July 28, 2024 versus the second quarter ended July 30, 2023.

Today we are reporting strong results for the second quarter of 2024, which were driven by our Q2 improved top-line trend, market-share gains, and continued delivery on our commitment to profitability. In Q2, our comp came in at... More