secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS SONOMA INC (WSM)
CIK:        0000719955
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001628280-23-008202
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams-Sonoma reports record FY22 revenue and EPS; raises dividend 15%, authorizes $1B buyback
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- FY22 GAAP diluted EPS of $16.32, non-GAAP of $16.54; brand comparable revenue growth of 6.5%.
- Q4 comp brand revenue declined 0.6% but 2-year comp >10%; GAAP operating margin 19.2%.
- FY23 guidance: net revenue growth -3% to +3%, operating margin 14% to 15%.
- Quarterly dividend raised 15% to $0.90 per share, payable May 26, 2023, record April 21.
- Board approved new $1B stock repurchase authorization, superseding prior program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719955/000162828023008202/0001628280-23-008202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719955/000162828023008202/wsm-20230316.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-008202

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