---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-019381"
form_type: "8-K"
ticker: "WSM"
cik: "0000719955"
company_name: "WILLIAMS SONOMA INC"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:37:31.477693+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Q1 comparable brand revenue down 6.0%; GAAP EPS $2.35, non-GAAP $2.64

## Summary
- Comparable brand revenue declined 6.0% YoY; 2-year comp growth 3.5%.
- GAAP operating margin 11.4%, non-GAAP 12.9%; gross margin 38.5% deleveraged 520bps.
- GAAP diluted EPS $2.35, non-GAAP $2.64; reiterated FY23 revenue guidance -3% to +3% with operating margin 14-15%.
- Recorded $26.2M in restructuring charges (facility exit, Aperture exit, RIF); expects $40M annualized savings.
- Strong liquidity: $297M cash, no borrowings; returned $358M to shareholders via buybacks and dividends.

## SEC filing metadata
- accession: 0001628280-23-019381
- form_type: 8-K
- ticker: WSM
- cik: 0000719955
- company_name: WILLIAMS SONOMA INC
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719955/000162828023019381/0001628280-23-019381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719955/000162828023019381/wsm-20230523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-019381
- JSON: https://secwatch.observer/filing/0001628280-23-019381.json
- Plain text: https://secwatch.observer/filing/0001628280-23-019381.txt

## Key facts
- Earnings Releases
  WILLIAMS SONOMA INC reported the first quarter ended April 30, 2023 results: EPS $2.35 per share. Guidance reaffirmed.
  - Period: the first quarter ended April 30, 2023
  - EPS: $2.35 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the first quarter ended April 30, 2023 versus the first quarter ended May 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719955/000162828023019381/0001628280-23-019381-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.