earnings
confidence high
sentiment positive
materiality 0.85
Williams-Sonoma Q4 EPS $5.44 beats FY guidance; dividend up 26%, new $1B buyback
WILLIAMS SONOMA INC
2023-FY EPS reported
$14.55
revenue$7,750,652,000
- Q4 diluted EPS $5.44; FY23 non-GAAP EPS $14.85, beating comp guidance of -10% to -12%.
- FY23 comparable brand revenue -9.9%; operating margin 16.4% (non-GAAP), exceeding pre-pandemic profitability.
- Quarterly dividend raised 26% to $1.13/share, payable May 24, 2024 to holders of record Apr 19, 2024.
- Board approved new $1B stock repurchase authorization, superseding prior authorization.
- FY24 guidance: revenue -3% to +3%; comps -4.5% to +1.5%; operating margin 16.5%-16.8%.