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Williams-Sonoma CEO Refocuses on In-Store Traffic After a Surge in Online Sales Last Year

Williams-Sonoma CEO Refocuses on In-Store Traffic After a Surge in Online Sales Last Year
nbcsandiego.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcsandiego.com Daily Mail and Mail on Sunday newspapers.

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Williams-Sonoma Needs a Sideways Consolidation Before Renewed Gains

Williams-Sonoma Needs a Sideways Consolidation Before Renewed Gains
thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.

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Williams Sonoma's digital transformation marathon models a strong design for the Vaccine Economy's new world of retail

Williams Sonoma's digital transformation marathon models a strong design for the Vaccine Economy's new world of retail
diginomica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diginomica.com Daily Mail and Mail on Sunday newspapers.

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Williams-Sonoma reports better than expected sales and profit in fiscal Q4.

The U.S. company s comparable brand revenue growth jumped to 25.7%.
Williams-Sonoma was just under 15% up in extended trading on Wednesday.
Williams-Sonoma Inc. (NYSE: WSM) said on Wednesday that its fourth-quarter profit and sales came in better than expected as the ongoing Coronavirus pandemic fuelled demand for kitchen-wares and home furnishings in recent months.
Williams-Sonoma shares were reported a little under 15% up in extended trading on Wednesday. Including the price action, the stock is now trading at a per-share price of £110.26 versus £73.71 per share at the start of 2021. Here’s what you need to know about stocks and the stock market. ....

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Williams-Sonoma Shares Rise as Stay-At-Home Trends Fuel Better-Than-Expected Sales

Net income rose to $309 million, or $3.92 per share, from $166 million, or $2.10 per share, a year earlier.
Excluding items, Williams-Sonoma earned $3.95 per share, topping the $3.39 per share expected by analysts surveyed by Refinitiv.
Revenue rose 24% to $2.29 billion from $1.84 billion a year ago, beating expectations of $2.18 billion.
Growth was boosted by a 47.9% jump in e-commerce revenue, with about 70% of its total revenue coming from its e-commerce business.
Same-store sales for the entire company were up 25.7% in the latest quarter, with all of its brands seeing double-digit gains.
Its namesake brand, Williams-Sonoma, reported same-store sales rose 26.2%. Both Pottery Barn and Pottery Barn Kids and Teen reported a 25.7% gain in same-store sales. West Elm was closely behind with a 25.2% same-store sales increase. ....

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