Original source text
Q2 comparable brand revenue +6.2%
GAAP operating margin of 22.9%; non-GAAP operating margin of 17.3%
GAAP diluted EPS of $2.84; non-GAAP diluted EPS of $2.10
Raises full-year 2026 outlook
SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second quarter ended August 2, 2026 versus the second quarter ended August 3, 2025.
“We delivered a very strong second quarter. In Q2, our comp came in at 6.2%, with total revenue growth of 6.7%, and we drove an operating margin of 17.3% with earnings per share of $2.10. Every brand delivered again in the quarter, driven by strong execution across our brands, our channels, and our team,” said Laura Alber, President and Chief Executive Officer.
Alber concluded, “Our strategies continue to gain momentum, and our results reflect the power of our execution. We gained market share, continued to outperform the industry, and raised our annual outlook on both the top and bottom lines. We are delivering compounding results despite the housing market and other macroeconomic events, and we remain confident in our priorities and plans for the remainder of 2026 and beyond.”
SECOND QUARTER 2026 HIGHLIGHTS
Comparable brand revenue +6.2%. Gross margin of 51.6% on a GAAP basis, +450bps to LY driven by (i) IEEPA tariff refunds, net of tariff-related vendor concessions, of +610bps, (ii) occupancy leverage of +40bps, and (iii) supply chain efficiencies of +30bps, partially offset by (iv) lower merchandise margins of -230bps primarily driven by tariff costs. Occupancy costs of $208 million, +3.3% to LY. Gross margin of 45.5% on a non-GAAP basis, -160bps to LY driven by (i) lower merchandise margins of -230bps primarily driven by tariff costs, partially offset by (ii) supply chain efficiencies of +30bps, and (iii) occupancy leverage of +40bps. Occupancy costs of $208 million, +3.3% to LY. SG&A rate of 28.7% on a GAAP basis, -50bps to LY driven by (i) employment expense leverage, net of a one-time tariff-related employee recognition cost in the form of a discretionary 401(k) contribution, of -70bps, partially offset by (ii) higher general expenses of +10bps, and (iii) higher advertising expenses of +10bps. SG&A of $563 million, +5.0% to LY on a GAAP basis. SG&A rate of 28.2% on a non-GAAP basis, -100bps to LY driven by (i) employment expense leverage of -120bps, partially offset by (ii) higher general expenses of +10bps, and (iii) higher advertising expenses of +10bps. SG&A of $553 million, +3.1% to LY on a non-GAAP basis. Operating income of $449 million with an operating margin of 22.9% on a GAAP basis; or $338 million with an operating margin of 17.3% on a non-GAAP basis. +500bps to LY on a GAAP basis and -60bps to LY on a non-GAAP basis. GAAP diluted EPS of $2.84 per share, or $2.10 on a non-GAAP basis. +42.0% to LY on a GAAP basis and +5.0% to LY on a non-GAAP basis. Merchandise inventories +1.0% to the second quarter LY to $1.45 billion, net of $29.3 million of deferred tariff refund income recorded as a reduction of inventory. Maintained strong liquidity position of $1.0 billion in cash and $696 million in operating cash flow, inclusive of the collection of $200.2 million of tariff refunds and the related interest, enabling the company to deliver returns to stockholders of $90 million through dividends. TARIFF REFUND
During the second quarter of fiscal 2026, we recognized income from the refund of previously paid International Emergency Economic Powers Act (“IEEPA”) tariffs. During the quarter, we recorded (i) a reduction of cost of goods sold of $167.8 million related to refunds received for tariffs that have been previously expensed and (ii) related interest income of $6.3 million. This income was partially offset by (i) a provision of $47.5 million to reimburse certain merchandise vendors that previously provided tariff-related concessions and (ii) a one-time tariff-related employee recognition cost of $10.0 million, in the form of a discretionary 401(k) contribution to all eligible employees. As of August 2, 2026, we deferred $29.3 million of the tariff refund income as a reduction of merchandise inventories, which we anticipate recognizing as a reduction to cost of goods sold in the third quarter of fiscal 2026. Substantially all of our initial refund claim of $197.8 million has been collected as of August 2, 2026, with a remaining tariff refund receivable of $3.2 million. We have adjusted all of these tariff-related items as non-GAAP adjustments. See Exhibit 1 for our GAAP to non-GAAP reconciliation.
OUTLOOK
We are raising our fiscal 2026 guidance to reflect our year-to-date strong performance. In fiscal 2026, we now expect annual net revenues in the range of +4.7% to +7.2%, with comps in the range of +4.0% to +6.5%; and an operating margin, on a non-GAAP basis, between 17.8% to 18.2%. Our guidance assumes (i) all tariffs currently in place will remain for fiscal 2026, including the Section 232 tariffs, the existing Section 301 tariffs, the new Section 301 tariffs announced on July 23rd, and the latest tariffs between Canada and the United States, (ii) oil prices will remain elevated for the remainder of the year, and (iii) no benefit from tariff refunds or related interest. For fiscal 2026, we expect annual interest income of approximately $25 million and an effective tax rate of approximately 26%, both on a non-GAAP basis. Over the long term, we continue to expect mid-to-high single-digit annual net revenue growth with an operating margin in the mid-to-high teens. CONFERENCE CALL AND WEBCAST INFORMATION
Williams-Sonoma, Inc. will host a live conference call today, August 26, 2026, at 7:00 A.M. (PT). The call will be open to the general public via live webcast and can be accessed at http://ir.williams-sonomainc.com/events. A replay of the webcast will be available at http://ir.williams-sonomainc.com/events.
SEC REGULATION G — NON-GAAP INFORMATION
This press release and our accompanying earnings call include non-GAAP financial measures. Exhibit 1 provides reconciliations of these non-GAAP financial measures to the most comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the U.S. (“GAAP”). We have not provided a reconciliation of non-GAAP measures to the most directly comparable GAAP measures on a forward-looking basis as we cannot do so without unreasonable efforts due to the potential variability and limited visibility of excluded items; these excluded items may include exit costs, reduction-in-force initiatives, impairment, early termination charges and other non-recurring or non-operational income or expenses. For the same reasons, we are unable to address the probable significance of any such excluded items. We believe that these non-GAAP financial measures, when reviewed in conjunction with GAAP financial measures, can provide meaningful supplemental information for investors regarding the performance of our business and facilitate a meaningful evaluation of current period performance on a comparable basis with prior periods. Our management uses these non-GAAP financial measures in order to have comparable financial results to analyze changes in our underlying business from quarter to quarter. In addition, certain other items may be excluded from non-GAAP financial measures when the company believes this provides greater clarity to management and investors. These non-GAAP financial measures should be considered as a supplement to, and not as a substitute for or superior to the GAAP financial measures presented in this press release and our financial statements and other publicly filed reports. Such non-GAAP measures may not be comparable to similarly titled measures used by other companies.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or are proven incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include, among other things, statements in the quotes of our President and Chief Executive Officer, our fiscal year 2026 outlook and long-term financial targets, and statements regarding our industry trends and business strategies.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include: our ability to provide products that are designed and built for durability and longevity at competitive prices; changes in and the related impact of U.S. (federal, state and local) and international tax laws, trade policies and regulations; our ability to mitigate current and future tariffs; factors, including but not limited to general economic conditions, inflationary pressures, consumer disposable income, rising fuel prices, recession and fears of recession, unemployment, war and fears of war, adverse weather, availability of consumer credit, conditions in the housing market, elevated interest rates, and consumer confidence in current and future economic conditions that can affect consumer spending; the plans, strategies, initiatives and objectives of management for future operations; our ability to execute strategic priorities and growth initiatives; our beliefs about our competitive advantages and areas of potential future growth in the market; the impact of periods of decreased home purchases; our ability to anticipate consumer preferences and buying trends; factors, including but not limited to fuel costs, labor disputes, union organizing activity, geopolitical instability, and acts of terrorism and war, that can affect the global supply chain; effective inventory management; timely and effective sourcing and delivery of merchandise from our suppliers; our ability to respond to the growing use of and to adopt new technologies, including artificial intelligence; our belief in the reasonableness of the steps taken by us and our suppliers to protect the security and confidentiality of the information we collect; multi-channel and multi-brand complexities; our brands, products, retail and related initiatives, including our ability to introduce new products, product lines, brands and brand extensions, and bring in new customers; challenges associated with our global presence and expansion efforts; our ability to control employment, advertising, occupancy, and other operating costs; payment of dividends; our ability to drive long-term sustainable returns; our capital allocation strategy in fiscal 2026; our planned use of cash in fiscal 2026; projections of earnings, revenues, growth and other financial items; and other risks and uncertainties described more fully in our public announcements, reports to stockholders and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the fiscal year ended February 1, 2026 and all subsequent quarterly reports on Form 10-Q and current reports on Form 8-K. We have not filed our Form 10-Q for the quarter ended August 2, 2026. As a result, all financial results described here should be considered preliminary, and are subject to change to reflect any necessary adjustments or changes in accounting estimates that are identified prior to the time we file the Form 10-Q. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
ABOUT WILLIAMS-SONOMA, INC.
Williams-Sonoma, Inc. is the world’s largest digital-first, design-led and sustainable home retailer. The company’s brands — Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, GreenRow, and Dormify — represent distinct merchandise strategies that are marketed through e-commerce, direct-mail catalogs, retail stores, and business-to-business. These brands collectively support The Key Rewards, our loyalty and credit card program that offers members exclusive benefits. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, and have unaffiliated franchisees that operate stores in Mexico, South Korea, India and the Philippines.
WSM-IR
Condensed Consolidated Statements of Earnings (unaudited)
For the Thirteen Weeks Ended
For the Twenty-six Weeks Ended
August 2, 2026
August 3, 2025
August 2, 2026
August 3, 2025
(In thousands, except per share amounts)
$
% of Net
revenues
$
% of Net
revenues
$
% of Net
revenues
$
% of Net
revenues
Net revenues
$
1,959,757
100.0
%
$
1,836,760
100.0
%
$
3,765,213
100.0
%
$
3,566,873
100.0
%
Cost of goods sold
947,809
48.4
972,137
52.9
1,959,839
52.1
1,936,441
54.3
Gross profit
1,011,948
51.6
864,623
47.1
1,805,374
47.9
1,630,432
45.7
Selling, general and administrative expenses
563,153
28.7
536,564
29.2
1,064,891
28.3
1,011,660
28.4
Operating income
448,795
22.9
328,059
17.9
740,483
19.7
618,772
17.3
Interest income, net
12,412
0.6
9,080
0.5
19,319
0.5
18,613
0.5
Earnings before income taxes
461,207
23.5
337,139
18.4
759,802
20.2
637,385
17.9
Income taxes
123,098
6.3
89,577
4.9
190,331
5.1
158,560
4.4
Net earnings
$
338,109
17.3
%
$
247,562
13.5
%
$
569,471
15.1
%
$
478,825
13.4
%
Earnings per share (EPS):
Basic
$
2.87
$
2.03
$
4.82
$
3.91
Diluted
$
2.84
$
2.00
$
4.77
$
3.86
Shares used in calculation of EPS:
Basic
117,765
122,121
118,075
122,614
Diluted
118,892
123,595
119,375
124,163
2nd Quarter Net Revenues and Comparable Brand Revenue Growth 1
Net revenues
Comparable brand revenue
growth
(In thousands, except percentages)
Q2 26
Q2 25
Q2 26
Q2 25
Pottery Barn
$
770,808
$
724,579
5.1
%
1.1
%
West Elm
496,251
468,550
6.4
3.3
Williams Sonoma 2
268,828
249,053
7.6
5.1
Pottery Barn Kids and Teen
297,438
286,749
3.5
5.3
Other 3
126,432
107,829
N/A
N/A
Total 4
$
1,959,757
$
1,836,760
6.2
%
3.7
%
1 See the Company’s 10-K for the definition of comparable brand revenue, which is calculated on a 13-week basis, and includes business-to-business revenues.
2 Includes Williams Sonoma Home net revenues.
3 Primarily consists of net revenues from Rejuvenation, Mark and Graham, our international franchise operations, GreenRow and Dormify.
4 Total comparable brand revenue growth includes Rejuvenation, Mark and Graham, and GreenRow.
Condensed Consolidated Balance Sheets (unaudited)
As of
(In thousands, except per share amounts)
August 2,
2026
February 1,
2026
August 3,
2025
Assets
Current assets
Cash and cash equivalents
$
1,028,936
$
1,019,801
$
985,823
Accounts receivable, net
146,219
126,821
115,509
Merchandise inventories, net
1,447,423
1,462,849
1,433,605
Prepaid expenses
105,583
80,053
100,622
Other current assets
18,385
23,663
19,961
Total current assets
2,746,546
2,713,187
2,655,520
Property and equipment, net
1,121,677
1,095,158
1,029,526
Operating lease right-of-use assets
1,322,644
1,270,272
1,221,792
Deferred income taxes, net
74,433
99,161
95,797
Goodwill
77,369
77,398
77,374
Other long-term assets, net
163,637
156,736
148,359
Total assets
$
5,506,306
$
5,411,912
$
5,228,368
Liabilities and stockholders' equity
Current liabilities
Accounts payable
$
703,822
$
637,985
$
601,661
Accrued expenses
207,857
314,588
202,914
Gift card and other deferred revenue
618,926
602,940
578,192
Income taxes payable
62,098
78,943
74,329
Operating lease liabilities
217,032
221,356
222,572
Other current liabilities
88,843
98,318
86,641
Total current liabilities
1,898,578
1,954,130
1,766,309
Long-term operating lease liabilities
1,310,914
1,235,549
1,171,675
Other long-term liabilities
155,900
139,674
140,688
Total liabilities
3,365,392
3,329,353
3,078,672
Stockholders' equity
Preferred stock: $0.01 par value; 7,500 shares authorized, none issued
—
—
—
Common stock: $0.01 par value; 253,125 shares authorized; 117,779, 118,770, and 121,790 shares issued and outstanding at August 2, 2026, February 1, 2026 and August 3, 2025, respectively
1,178
1,188
1,219
Additional paid-in capital
543,931
587,433
544,244
Retained earnings
1,611,605
1,509,129
1,622,191
Accumulated other comprehensive loss
(14,142
)
(13,176
)
(15,943
)
Treasury stock, at cost
(1,658
)
(2,015
)
(2,015
)
Total stockholders' equity
2,140,914
2,082,559
2,149,696
Total liabilities and stockholders' equity
$
5,506,306
$
5,411,912
$
5,228,368
Retail Store Data
(unaudited)
Beginning of quarter
May 3, 2026
End of quarter
August 2, 2026
As of
August 3, 2025
Openings
Closings
Pottery Barn
180
2
(1
)
181
181
Williams Sonoma
153
—
—
153
154
West Elm
116
1
—
117
119
Pottery Barn Kids
43
—
—
43
44
Rejuvenation
13
—
—
13
11
GreenRow
1
—
—
1
—
Total
506
3
(1
)
508
509
Condensed Consolidated Statements of Cash Flows (unaudited)
For the Twenty-six Weeks Ended
(In thousands)
August 2, 2026
August 3, 2025
Cash flows from operating activities:
Net earnings
$
569,471
$
478,825
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization
112,683
113,165
Loss on disposal/impairment of assets
1,108
3,599
Non-cash lease expense
127,380
121,936
Deferred income taxes
12,884
14,658
Tax benefit related to stock-based awards
11,650
11,423
Stock-based compensation expense
61,530
46,974
Other
(898
)
(1,275
)
Changes in:
Accounts receivable
(19,495
)
2,411
Merchandise inventories
15,000
(98,562
)
Prepaid expenses and other assets
(27,704
)
(37,959
)
Accounts payable
49,314
(48,962
)
Accrued expenses and other liabilities
(89,166
)
(78,142
)
Gift card and other deferred revenue
16,197
(7,069
)
Operating lease liabilities
(127,247
)
(125,977
)
Income taxes payable
(16,845
)
6,633
Net cash provided by operating activities
695,862
401,678
Cash flows from investing activities:
Purchases of property and equipment
(116,434
)
(110,293
)
Other
62
(1,195
)
Net cash used in investing activities
(116,372
)
(111,488
)
Cash flows from financing activities:
Repurchases of common stock
(287,805
)
(289,108
)
Payment of dividends
(175,444
)
(155,994
)
Tax withholdings related to stock-based awards
(99,095
)
(67,903
)
Debt issuance costs
—
(1,187
)
Other
(7,658
)
(6,941
)
Net cash used in financing activities
(570,002
)
(521,133
)
Effect of exchange rates on cash and cash equivalents
(353
)
3,789
Net increase (decrease) in cash and cash equivalents
9,135
(227,154
)
Cash and cash equivalents at beginning of period
1,019,801
1,212,977
Cash and cash equivalents at end of period
$
1,028,936
$
985,823
Exhibit 1
2nd Quarter GAAP to Non-GAAP Reconciliation
(unaudited)
For the Thirteen Weeks Ended
For the Twenty-six Weeks Ended
August 2, 2026
August 3, 2025
August 2, 2026
August 3, 2025
(In thousands, except per share data)
$
% of Net
revenues
$
% of Net
revenues
$
% of Net revenues
$
% of Net revenues
Gross profit
$
1,011,948
51.6
%
$
864,623
47.1
%
$
1,805,374
47.9
%
$
1,630,432
45.7
%
Tariff refund income1
(167,778
)
—
(167,778
)
—
Tariff refund-related vendor concessions2
47,464
—
47,464
—
Non-GAAP gross profit
$
891,634
45.5
%
$
864,623
47.1
%
$
1,685,060
44.8
%
$
1,630,432
45.7
%
Selling, general and administrative expenses
$
563,153
28.7
%
$
536,564
29.2
%
$
1,064,891
28.3
%
$
1,011,660
28.4
%
Tariff refund-related employee recognition3
(10,000
)
—
(10,000
)
—
Non-GAAP selling, general and administrative expenses
$
553,153
28.2
%
$
536,564
29.2
%
$
1,054,891
28.0
%
$
1,011,660
28.4
%
Operating income
$
448,795
22.9
%
$
328,059
17.9
%
$
740,483
19.7
%
$
618,772
17.3
%
Tariff refund income1
(167,778
)
—
(167,778
)
—
Tariff refund-related vendor concessions2
47,464
—
47,464
—
Tariff refund-related employee recognition3
10,000
—
10,000
—
Non-GAAP operating income
$
338,481
17.3
%
$
328,059
17.9
%
$
630,169
16.7
%
$
618,772
17.3
%
Interest income, net
$
12,412
0.6
%
$
9,080
0.5
%
$
19,319
0.5
%
$
18,613
0.5
%
Interest income on tariff refund4
(6,346
)
—
(6,346
)
—
Non-GAAP interest income, net
$
6,066
0.3
%
$
9,080
0.5
%
$
12,973
0.3
%
$
18,613
0.5
%
Earnings before income taxes
$
461,207
23.5
%
$
337,139
18.4
%
$
759,802
20.2
%
$
637,385
17.9
%
Tariff refund income1
(167,778
)
—
(167,778
)
—
Tariff refund-related vendor concessions2
47,464
—
47,464
—
Tariff refund-related employee recognition3
10,000
—
10,000
—
Interest income on tariff refund4
(6,346
)
—
(6,346
)
—
Non-GAAP earnings before income taxes
$
344,547
17.6
%
$
337,139
18.4
%
$
643,142
17.1
%
$
637,385
17.9
%
$
Tax rate
$
Tax rate
$
Tax rate
$
Tax rate
Income taxes
$
123,098
26.7
%
$
89,577
26.6
%
$
190,331
25.1
%
$
158,560
24.9
%
Tariff refund income1
(41,428
)
—
(41,428
)
—
Tariff refund-related vendor concessions2
11,720
—
11,720
—
Tariff refund-related employee recognition3
2,469
—
2,469
—
Interest income on tariff refund4
(1,567
)
—
(1,567
)
—
Non-GAAP income taxes
$
94,292
27.4
%
$
89,577
26.6
%
$
161,525
25.1
%
$
158,560
24.9
%
Diluted EPS
$
2.84
$
2.00
$
4.77
$
3.86
Tariff refund income1
(1.06
)
—
(1.06
)
—
Tariff refund-related vendor concessions2
0.30
—
0.30
—
Tariff refund-related employee recognition3
0.06
—
0.06
—
Interest income on tariff refund4
(0.04
)
—
(0.04
)
—
Non-GAAP diluted EPS5
$
2.10
$
2.00
$
4.03
$
3.86
1 During Q2 2026, we recognized a reduction to cost of goods sold of $167.8 million related to a refund of IEEPA tariffs.
2 During Q2 2026, we recorded a provision of $47.5 million to reimburse certain merchandise vendors that previously provided tariff-related concessions.
3 During Q2 2026, we recorded a one-time tariff-related employee recognition cost of $10.0 million, in the form of a discretionary 401(k) contribution to all eligible employees.
4 During Q2 2026, we recognized interest income of $6.3 million related to interest received on IEEPA tariff refunds.
5 Per share amounts may not sum due to rounding to the nearest cent per diluted share.
SEC Regulation G – Non-GAAP Information
These tables include non-GAAP gross profit, gross margin, selling, general and administrative expense, operating income, operating margin, interest income, earnings before income taxes, income taxes, effective tax rate and diluted EPS. We believe that these non-GAAP financial measures provide meaningful supplemental information for investors regarding the performance of our business and facilitate a meaningful evaluation of our quarterly actual results on a comparable basis with prior periods. Our management uses these non-GAAP financial measures in order to have comparable financial results to analyze changes in our underlying business from quarter to quarter. These non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
More News From Williams-Sonoma, Inc.
|
Original source text
Bell & Brown Wealth Advisors LLC bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,894 shares of the specialty retailer’s stock, valued at approximately $6,735,000. Williams-Sonoma comprises about 2.0% of Bell & Brown Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position.
Several other hedge funds have also recently added to or reduced their stakes in the company. Strategic Advisory Partners LLC bought a new position in shares of Williams-Sonoma during the second quarter valued at approximately $272,000. Csenge Advisory Group bought a new stake in Williams-Sonoma in the second quarter valued at $407,000. Johnson Financial Group Inc. purchased a new position in Williams-Sonoma during the 2nd quarter valued at $151,000. Tocqueville Asset Management L.P. bought a new position in Williams-Sonoma in the 2nd quarter worth $19,046,000. Finally, Empirical Asset Management LLC bought a new position in Williams-Sonoma in the 2nd quarter worth $803,000. Institutional investors own 99.29% of the company’s stock.
Williams-Sonoma Price Performance Shares of NYSE WSM opened at $242.34 on Thursday. Williams-Sonoma, Inc. has a 1 year low of $165.51 and a 1 year high of $254.89. The stock has a market cap of $28.54 billion, a P/E ratio of 27.14, a price-to-earnings-growth ratio of 2.65 and a beta of 1.50. The firm has a 50-day moving average of $231.71 and a 200 day moving average of $207.33.
Williams-Sonoma (NYSE:WSM – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Williams-Sonoma had a net margin of 13.81% and a return on equity of 53.29%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.85 earnings per share. Research analysts expect that Williams-Sonoma, Inc. will post 9.38 earnings per share for the current fiscal year. Williams-Sonoma Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, July 17th will be given a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 17th. Williams-Sonoma’s payout ratio is currently 34.04%.
Insider Transactions at Williams-Sonoma In other Williams-Sonoma news, CEO Laura Alber sold 15,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $200.00, for a total transaction of $3,000,000.00. Following the sale, the chief executive officer directly owned 923,524 shares in the company, valued at approximately $184,704,800. This trade represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 1,112 shares of Williams-Sonoma stock in a transaction on Monday, June 15th. The stock was sold at an average price of $228.49, for a total value of $254,080.88. Following the completion of the sale, the executive vice president directly owned 21,717 shares of the company’s stock, valued at approximately $4,962,117.33. The trade was a 4.87% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 18,156 shares of company stock worth $3,738,699. 1.10% of the stock is currently owned by company insiders.
Analysts Set New Price Targets A number of equities research analysts have recently weighed in on the stock. Telsey Advisory Group lifted their target price on shares of Williams-Sonoma from $225.00 to $255.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Bank of America assumed coverage on shares of Williams-Sonoma in a research note on Friday, June 12th. They issued a “buy” rating and a $250.00 price target for the company. Royal Bank Of Canada lifted their price objective on Williams-Sonoma from $192.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Argus set a $230.00 target price on Williams-Sonoma in a report on Friday, May 29th. Finally, Wells Fargo & Company increased their target price on Williams-Sonoma from $190.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $231.88.
Get Our Latest Analysis on Williams-Sonoma
Williams-Sonoma Profile (Free Report)
Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.
The company operates a portfolio of consumer brands that target distinct segments of the home market.
See Also Five stocks we like better than Williams-Sonoma Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.
|