-==Williams-Sonoma (WSM) reported earnings on Thur 19 Nov 2020 (a/h)

 

Williams-Sonoma beats by $1.05, beats on revs

Reports Q3 (Oct) earnings of $2.56 per share, excluding non-recurring items, $1.05 better than the S&P Capital IQ Consensus of $1.51; revenues rose 22.3% year/year to $1.76 bln vs the $1.59 bln S&P Capital IQ Consensus.

• Demand comparable brand revenue growth accelerated to 31%, which includes orders placed but not yet filled or charged to the customer in the quarter.
• Net comparable brand revenue growth of 24.4%, with sequential and year-over-year acceleration in all brands, including Williams Sonoma at a record 30.4%, Pottery Barn at 24.1%, Pottery Barn Kids and Teen at 23.8% and West Elm at 21.8%.
• E-commerce net comparable brand revenue growth accelerated to 49.3% with e-commerce penetration holding at almost 70% of total net revenues.

Long-Term Financial Guidance: Total net revenues growth of mid to high single digits, Non-GAAP operating margin expansion, Above-industry average ROIC.

=Williams-Sonoma (WSM) reported earnings on Thur 15 Nov 2018 (a/h)

 Williams-Sonoma beats by $0.01, reports revs in-line; guides Q4 EPS in-line, revs in-line

• Reports Q3 (Oct) earnings of $0.95 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.94; revenues rose 4.4% year/year to $1.36 bln vs the $1.36 bln S&P Capital IQ Consensus
  • Comparable brand revenue growth of 3.1%
• Co issues in-line guidance for Q4, sees EPS of $1.89-1.99, excluding non-recurring items, vs. $1.98 S&P Capital IQ Consensus; sees Q4 revs of $1.73-1.83 bln vs. $1.81 bln S&P Capital IQ Consensus
• Comparable Brand Revenue Growth = 0.0-5.0%

Williams-Sonoma also announces plans to introduce Pottery Barn, Pottery Barn Kids, and West Elm to India through a franchise agreement with partner Reliance Brands Limited

The opening of the brands' first stores will take place in Mumbai, India in early 2020, along with the launch of e-commerce websites.

Earnings this week : November 12 - 16, 18 (wk 46)

Earnings confirmed to report this week:

Monday (Nov 12) 

• Morning: ACB ACM ATHM
• Afternoon:  APU EB EQH EXPI FOCS HUYA KRNT NVGS TDW UGI VERI YRD YY

Tuesday (Nov 13)

• Morning:   AAP ARMK BZH CAE DQ EPC EYE GDS HD TSN
• Afternoon:  AMRS CDLX CWK HI HOLI MTSI ORIG PETQ REZI SSTI SVMK SWCH TLRY VREX WIX

Wednesday (Nov 14)

• Morning:  APRN BPMP CGC CVIA GOOS LX M MTOR QIWI
• Afternoon: CPA CSCO NTAP NTES PRSP SFS VIPS WPM ZTO

Thursday (Nov 15)

• Morning: BERY BRC CSIQ CUB DDS ENR JCP LXFT MANU SPH SR TK TNK WMT WUBA
• Afternoon: AMAT CRMT DWCH ESE GLOB HTHT JWN MATW  NGVC  NVDA POST SCVL SONO WAIR WSM

Friday (Nov 16)

• Morning: HP FRO  VIAB

=Williams-Sonoma (WSM) reported earnings on Wed 23 May 18 (a/h)

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

=Williams-Sonoma (WSM) reported earnings on Thur 16 Nov 17 (a/h)

Williams-Sonoma reports EPS in-line, revs in-line; guides Q4 EPS below consensus, revs in-line; Announces acquisition of Outward, Inc for all cash consideration of $112 mln 

• Reports Q3 (Oct) earnings of $0.84 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.84; revenues rose 4.3% year/year to $1.3 bln vs the $1.29 bln Capital IQ Consensus.
  • Comparable brand revenue in Q3 17 grew 3.3% compared to a decline of 0.4% in Q3 16
• Co issues guidancefor Q4, sees EPS of $1.49-1.64, excluding non-recurring items, vs. $1.65 Capital IQ Consensus Estimate; sees Q4 revs of $1.610-1.675 bln vs. $1.63 bln Capital IQ Consensus Estimate.
  • Sees comp brand revenue in the range of 2-6%.
• Outward Inc Acquisition
• Williams-Sonoma (WSM) and Outward, Inc. announced today that they have entered into a definitive agreement under which Williams-Sonoma will acquire Outward, a leading 3-D imaging and augmented reality platform for the home furnishings and dcor industry, for an all cash consideration of $112 million. This strategic acquisition will enable WSI to enhance and extend its customer service platform, and to develop technologies with Outward. Following the close of the transaction, which is expected by the end of this calendar year, Outward will operate as a wholly-owned subsidiary of WSI, and will be managed by Outward's current leadership team. 

=Williams-Sonoma (WSM) reported earnings on Wed 24 May 2017 (a/h)

Williams-Sonoma beats by $0.02, reports revs in-line; guides Q2 EPS in-line, revs above consensus; guides FY18 EPS in-line, revs in-line :

• Reports Q1 (Apr) earnings of $0.51 per share, $0.02 better than the Capital IQ Consensus of $0.49; revenues rose 1.3% year/year to $1.11 bln vs the $1.11 bln Capital IQ Consensus.
  • Comparable brand revenue growth of 0.1%.
  • By brand:
    • Pottery Barn -1.4%
    • Williams Sonoma +3.2%
    • West Elm +6.0%
    • Pottery Barn Kids +5.7%
    • PBteen -14.3%
• Co issues guidance for Q2, sees EPS of $0.55-0.61 vs. $0.60 Capital IQ Consensus Estimate; sees Q2 revs of $1.195-1.230 vs. $1.19 bln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY18, sees EPS of $3.45-3.65 vs. $3.54 Capital IQ Consensus Estimate; sees FY18 revs of $5.165-5.265 vs. $5.2 bln Capital IQ Consensus Estimate.
• "In the first quarter, we saw strong sequential improvement in the Pottery Barn brand, demonstrating the effectiveness of the brand initiatives that we are implementing. West Elm, our newer businesses (Rejuvenation and Mark and Graham), and our company-owned global operations delivered another quarter of double-digit growth, and Williams Sonoma started the year off strongly. We also continued to realize positive results from our supply chain initiatives, as we drive continuous improvements across the organization to deliver increased efficiencies and a superior customer experience."

=Williams-Sonoma (WSM) reported earnings Wed 25 May 2016 (a/h)

Williams-Sonoma beats by $0.03, beats on revs; guides JulQ EPS and revs in-line although mid-points of guidance below consensus; reaffirms FY17 EPS guidance, revs guidance; comps +4.5% :

• Reports Q1 (Apr) earnings of $0.53 per share, excluding non-recurring items, $0.03 better thanthe Capital IQ Consensus of $0.50 and above prior guidance of $0.48-0.52; revenues rose 6.5% year/year to $1.10 bln vs the $1.08 bln Capital IQ Consensus and above prior guidance of $1.07-1.09 bln.
• Co issues guidance for Q2 (Jul), sees EPS of $0.54-0.60 vs. $0.60 Capital IQ Consensus Estimate; sees Q2 revs of $1.145-1.175 bln vs. $1.17 bln Capital IQ Consensus Estimate. Co guides to Q2 same store comps of +1-4%.
• Co reaffirms guidance for FY17, sees EPS of $3.50-3.65, excluding non-recurring items, vs. $3.56 Capital IQ Consensus Estimate; sees FY17 revs of $5.15-5.25 bln vs. $5.21 bln Capital IQ Consensus Estimate. Co reaffirms full year same store comps +3-6%.
• Same store comps in Q1 rose +4.5% vs prior guidance of +3-6%.
• "In the first quarter we saw accelerated growth in West Elm and Williams-Sonoma, as well as improvement across the Pottery Barn brands. We also saw positive results from our inventory and supply chain initiatives. We believe our strong brands and profitable multi-channel strategy create a sustainable competitive advantage."

=Williams-Sonoma (WSM) reported earnings on Wed 16 March 2016 (a/h)

• Missed on Q4 EPS of $1.52 ($1.58 Consensus); missed on revs; downside guidance for Q1 EPS of $0.48-0.52 ($0.55 Consensus).
• Also announces $500 mln stock repurchase; increases dividend 6%.

==Williams-Sonoma (WSM) reported earnings Thu 19 Nov 2015 (after close)

** charts before earnings **



** charts after earnings **

Williams-Sonoma beats by $0.05, beats on revs; guides Q4 EPS below consensus, revs below consensus :

• Reports Q3 (Oct) earnings of $0.77 per share, $0.05 better than the Capital IQ Consensus of $0.72; revenues rose 7.8% year/year to $1.23 bln vs the $1.22 bln Capital IQ Consensus.
• Co issues downside guidance for Q4, sees EPS of $1.53-1.62 vs. $1.67 Capital IQ Consensus Estimate; sees Q4 revs of $1.58-1.63 bln vs. $1.64 bln Capital IQ Consensus Estimate.