secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS SONOMA INC (WSM)
CIK:        0000719955
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0001628280-22-006378
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSM reports record FY21 results; Q4 EPS $5.42 (+37%); raises dividend 10% and authorizes $1.5B buyback
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- Q4 GAAP EPS $5.41, non-GAAP $5.42 (+37%); comparable brand revenue +10.8%; operating margin 21.0% (+350bps).
- FY21 GAAP EPS $14.75, non-GAAP $14.85 (+64%); comparable revenue +22.0%; operating margin 17.7% (+350bps).
- ROIC improved to 57.9% vs 38.1%; operating cash flow >$1B; cash $850M.
- Board raised quarterly dividend 10% to $0.78/share; payable May 27 to holders of record Apr 22.
- New $1.5B share repurchase authorization, superseding remaining $750M; long-term outlook reiterated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719955/000162828022006378/0001628280-22-006378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719955/000162828022006378/wsm-20220316.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-006378

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer