secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS SONOMA INC (WSM)
CIK:        0000719955
Form:       8-K
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0001628280-22-015356
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams-Sonoma Q1 EPS $3.50 beats; comp sales +9.5%; record $500M+ buyback; reaffirms FY outlook
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- Q1 comparable brand revenue +9.5% YoY (49.9% 2-year); Pottery Barn +14.6%, West Elm +12.8%.
- GAAP diluted EPS $3.50, up 20.7% YoY; non-GAAP EPS $3.50, up 19.5%.
- Gross margin 43.8% (+80bps); operating margin 17.1% (+140bps GAAP).
- Operating cash flow $185M; repurchased over $500M in shares; paid $58M in dividends.
- Reaffirms FY2022 guidance: mid-to-high single digit comps; operating margin relatively flat vs FY2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719955/000162828022015356/0001628280-22-015356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719955/000162828022015356/wsm-20220525.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-015356

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