Williams-Sonoma beats by $0.09, beats on revs; guides Q2 EPS in-line, revs in-line; raises FY19 EPS in-line, revs in-line
- Reports Q1 (Apr) earnings of $0.67 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $0.58; revenues rose 8.2% year/year to $1.2 bln vs the $1.16 bln Capital IQ Consensus.
- Co issues in-line guidance for Q2, sees EPS of $0.65-0.70, excluding non-recurring items, vs. $0.67 Capital IQ Consensus Estimate; sees Q2 revs of $1.25-1.28 bln vs. $1.24 bln Capital IQ Consensus Estimate.
- Co raises guidance for FY19, sees EPS of $4.15-4.25, excluding non-recurring items, vs. $4.18 Capital IQ Consensus Estimate, up from $4.12-4.22; sees FY19 revs of $5.495-5.655 bln vs. $5.57 bln Capital IQ Consensus Estimate, up from $5.48-5.64 bln
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