Welcome to our dedicated page for Williams Sonoma news (Ticker: WSM), a resource for investors and traders seeking the latest updates and insights on Williams Sonoma stock.
Williams-Sonoma, Inc. (WSM) maintains its position as a leader in premium home furnishings through strategic innovation and multi-brand excellence. This dedicated news hub provides investors and industry observers with essential updates directly from the company and verified sources.
Access official press releases, earnings call details, and operational developments impacting this specialty retail leader. Our curated collection includes product launch announcements, sustainability initiatives, leadership updates, and partnership disclosures - all critical for understanding WSM's market position.
Key coverage areas include quarterly financial results, brand expansion strategies, design innovation milestones, and omni-channel retail advancements. The archive serves as a vital resource for tracking the company's performance across its Williams-Sonoma, West Elm, and Pottery Barn subsidiaries.
Bookmark this page for streamlined access to the information driving decisions in the $750 billion global home furnishings market. Combine these verified updates with our analysis tools for comprehensive investment research.
Williams-Sonoma, Inc. (NYSE: WSM) reported FY22 comparable brand revenue growth of 6.5% and record earnings per share (EPS) of $16.54. The fourth quarter saw a 0.6% decline in comparable brand revenue, though two-year and three-year comparisons showed strong growth. The company achieved a GAAP operating margin of 17.3% and a non-GAAP margin of 17.5%. Despite increased shipping and occupancy costs, gross margin was 42.4%. For FY23, the company projects revenue growth between -3% to +3% and aims for an operating margin of 14% to 15%.
Williams-Sonoma, Inc. (NYSE: WSM) will release its fourth quarter and fiscal year 2022 results on March 16, 2023, before the market opens. A conference call will follow at 10:00 AM Eastern Time where the company will discuss results. A replay will be available after 12:00 PM Eastern Time the same day. As a leader in sustainable home retailing, Williams-Sonoma markets various brands including Pottery Barn and West Elm through e-commerce and retail channels across the globe, emphasizing their commitment to ESG initiatives.
Pottery Barn, part of Williams-Sonoma (NYSE: WSM), announces the launch of the Hold Everything Essential Closet collection, a customizable, modular storage system designed for closets. This GREENGUARD Gold certified product targets the growing custom closet market. The collection features 66 configurations and includes various storage options to maximize space. With installation videos available online, it aims to provide a practical yet stylish solution. Additionally, a sweepstakes for a closet makeover coincides with the launch, which begins on February 10th, 2023.
Williams-Sonoma, Inc. (NYSE: WSM) has announced key leadership promotions aimed at enhancing the business strategy and efficiencies of its Pottery Barn brands and global marketing departments. Marta Benson steps up as CEO of Pottery Barn Brands, overseeing Pottery Barn Kids and Teen. Jen Kellor continues as President of Pottery Barn Kids and Teen. Michelle Hummel is promoted to lead Global Business, and Abby Teisch heads cross-brand Marketing. CEO Laura Alber emphasizes that these changes reflect strong leadership and are designed to create corporate synergies for long-term growth and shareholder value.
Pottery Barn Teen has announced a collaboration with the Surfrider Foundation, focusing on sustainability through a new collection of coastal-inspired home textiles and décor. This exclusive range, now available at Pottery Barn Teen, utilizes eco-minded materials including 100% organic bedding and rugs made from recycled plastic. The partnership reflects shared values in ocean conservation, aiming to reduce plastic pollution and improve coastal conditions. Jennifer Kellor, President of Pottery Barn Teen, emphasized their commitment to sustainable practices, while Surfrider's CEO highlighted the importance of protecting ocean resources.
Williams-Sonoma, Inc. (NYSE: WSM) announces the appointment of Day Kornbluth as President of West Elm, effective
Williams-Sonoma, Inc. (NYSE: WSM) announces the launch of new native shopping apps for Pottery Barn Kids and Pottery Barn Teen, enhancing mobile shopping experiences. Available on the App Store, the apps offer an intuitive interface, enabling users to track registries, shop by life stage, share favorites, and browse 3-D design inspirations. Key features include secure checkout with Apple Pay and free design consultations. This development underscores Williams-Sonoma's commitment to digital retailing, aiming to simplify shopping for families and teens alike.
Pottery Barn Kids and Pottery Barn Teen, part of Williams-Sonoma (NYSE: WSM), have announced an exclusive collaboration with LoveShackFancy, known for its vintage-inspired aesthetics. This partnership introduces a range of products including textiles, furniture, backpacks, and decorative accessories tailored for children and teens. It marks LoveShackFancy's first foray into home furnishings. The new collection features whimsical floral prints and emphasizes sustainability and craftsmanship, available now at Pottery Barn Kids and Pottery Barn Teen.
West Elm, a brand under Williams-Sonoma (WSM), has launched a new collaboration with artisanal brand Misha & Puff. The Misha & Puff for West Elm Kids collection includes 12 exclusive items ranging from $34 to $799. The collection is designed to last for generations, highlighting sustainable and fair-trade values. Key items include a Felted Wall Art priced at $125 and a Geometric Shag Rug available for $399-$799. The collection is available online at westelm.com/mishaandpuff.
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