secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS SONOMA INC (WSM)
CIK:        0000719955
Form:       8-K
Filed at:   2026-08-26T12:03:35+00:00
Accession:  0000719955-26-000203
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams-Sonoma Q2: comps +6.2%, non-GAAP EPS $2.10, raises FY2026 outlook
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- Q2 comps +6.2%, total revenue +6.7%; GAAP EPS $2.84 (+42% YoY), non-GAAP EPS $2.10 (+5% YoY).
- GAAP operating margin 22.9%; non-GAAP operating margin 17.3%. Gross margin 51.6% GAAP, 45.5% non-GAAP.
- Recorded $167.8M IEEPA tariff refund in COGS plus $6.3M interest; offset by $47.5M vendor reimbursements and $10.0M employee 401(k) contribution.
- Raised FY2026 guidance: net revenue +4.7% to +7.2%, comps +4.0% to +6.5%, non-GAAP operating margin 17.8-18.2%.
- Liquidity: $1.0B cash, $696M operating cash flow; returned $90M via dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719955/000071995526000203/0000719955-26-000203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719955/000071995526000203/wsm-20260826.htm
  HTML page:      https://secwatch.observer/filing/0000719955-26-000203

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