secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS SONOMA INC (WSM)
CIK:        0000719955
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001628280-23-039239
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719955/000162828023039239/0001628280-23-039239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719955/000162828023039239/wsm-20231116.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-039239

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