---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-039239"
form_type: "8-K"
ticker: "WSM"
cik: "0000719955"
company_name: "WILLIAMS SONOMA INC"
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:39:45.242427+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001628280-23-039239
- form_type: 8-K
- ticker: WSM
- cik: 0000719955
- company_name: WILLIAMS SONOMA INC
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719955/000162828023039239/0001628280-23-039239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719955/000162828023039239/wsm-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-039239
- JSON: https://secwatch.observer/filing/0001628280-23-039239.json
- Plain text: https://secwatch.observer/filing/0001628280-23-039239.txt

## Key facts
- Earnings Releases
  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
  source text: On November 16, 2023, the Company issued a press release announcing the Company’s financial results for its third quarter ended October 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719955/000162828023039239/0001628280-23-039239-index.htm

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