Williams-Sonoma Q3 EPS $3.66, comps -14.6%; operating margin 17.0%; raises FY margin outlook

WILLIAMS SONOMA INC

2023-Q3 EPS reported $9.12 revenue$5,471,715,000

Q3 diluted EPS $3.66, comparable brand revenue -14.6%, record operating margin 17.0%.
Gross margin expanded 290 bps to 44.4%; SG&A rate 27.4% (+140 bps); operating income $315M.
Inventories down 17.2% to $1.4B; cash $699M, no borrowings; operating cash flow $290M.
Raises FY23 op margin guidance to 16%-16.5% (from 15.5%-16%); revenue growth guided -10% to -12%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WILLIAMS SONOMA INC updated its third quarter ended October 29, 2023 guidance (raised).

Period: third quarter ended October 29, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On November 16, 2023, the Company issued a press release announcing the Company’s financial results for its third quarter ended October 29, 2023.

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

WILLIAMS SONOMA INC filing history →

Source: SEC EDGAR

accession 0001628280-23-039239

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.