By Denny Jacob
Williams-Sonoma posted higher-than-expected results in its latest quarter, an improvement aided by an extra week in the fiscal year and improved demand despite broader concerns about the economy.
The home-products retailer logged earnings of $410.7 million, or $3.28 a share, for the fourth quarter ended Feb. 2, up from $354.4 million, or $2.72 a share, in the prior-year period.
Stripping out certain one-time items, earnings per-share also came in at $3.28. Analysts polled by FactSet expected $2.94 a share.
Revenue edged up to $2.46 billion compared to $2.28 billion in the prior-year period. Analysts polled by FactSet expected $2.36 billion.
Chief Executive Laura Alber said results in the quarter were fueled by seasonal offerings and improvement in both retail and online furniture sales, among other factors.
For fiscal 2025, Williams-Sonoma said it expects revenue to be in the range of a decline of 1.5% to growth of 1.5% due to the impact of one less week compared to the prior fiscal year. Over the long-term, it continues to expect mid-to-high single-digit revenue growth, it added.
Alber said the company is confident in its strategy and competitive position for 2025 despite the uncertain backdrop.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 19, 2025 09:40 ET (13:40 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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