Williams Sonoma Stock Price, News & Analysis

Pottery Barn, part of Williams-Sonoma, Inc. (NYSE: WSM), has launched a new collaboration with influencer Julia Berolzheimer. The collection, available from May 6, 2022, includes home and garden items inspired by Julia's vintage floral aesthetics. Key pieces range from Clementine Reversible Quilt to Alice Melamine Dinnerware, priced between $22.00 and $1,999.00. This marks Pottery Barn's first venture into the garden category, enhancing its sustainable, design-led offerings.

Williams-Sonoma, Inc. (NYSE: WSM) has launched co-branded collections for kids and teens through Pottery Barn Kids, Pottery Barn Teen, and West Elm Kids, in collaboration with designer Sarah Sherman Samuel. This first partnership in children's home furnishings features nature-inspired designs that prioritize safety and sustainability. The collection includes organic materials and GREENGUARD certified furniture. Samuel's designs reflect personal inspiration from her children and natural environments, emphasizing playful yet modern aesthetics suitable for growing families.

Williams Sonoma has entered into a partnership with Churchill Downs Racetrack and Woodford Reserve to create a 'Kentucky Derby At-Home' experience in preparation for the 148th Kentucky Derby on May 7, 2022. This collaboration will offer exclusive merchandise, cocktail mixes, and themed recipes by chef Kelsey Barnard Clark, alongside engaging cooking events. A sweepstakes will also be held for a chance to win a trip to the 149th Kentucky Derby. Events aim to extend the Derby tradition beyond the racetrack and encourage fans to celebrate at home.

Williams-Sonoma, Inc. (NYSE: WSM) has announced a new commitment to plant six million trees by 2023, doubling its original goal set by Pottery Barn in January 2021. Working with the Arbor Day Foundation, the company aims to enhance its sustainability strategy by including Pottery Barn Kids, Pottery Barn Teen, West Elm, Rejuvenation, and Williams Sonoma Home in a one-for-one tree purchasing initiative. To date, Pottery Barn has planted over 1.5 million trees, contributing to significant environmental benefits, including the absorption of 1.1 million tons of CO2.

Williams-Sonoma, Inc. (NYSE: WSM) announced a 10% increase in its quarterly cash dividend to $0.78 per share, effective May 27, 2022. This follows a strong fiscal 2021 finish and reflects the company's robust liquidity and operating cash flows. Additionally, a new $1.5 billion stock repurchase program has been authorized, superseding the remaining $750 million from the previous program. The Board's actions signify a commitment to enhance shareholder value.

Williams-Sonoma, Inc. (WSM) reported strong Q4 2021 results, with GAAP EPS of $5.41 and non-GAAP EPS of $5.42, marking a 37% increase year-over-year. Comparable brand revenue grew by 10.8%, and FY21 revenue growth accelerated to 22.0%, reflecting robust performance across brands like West Elm (33.1%) and Pottery Barn (23.9%). Operating margins expanded, with a GAAP operating margin of 17.6%. The company maintains a strong liquidity position with $850 million cash and plans continued growth towards $10 billion in revenue by FY24.

Williams-Sonoma, Inc. (NYSE: WSM) will announce its fourth quarter and fiscal year 2021 results on March 16, 2022, after market close. A conference call will follow at 5:00 PM ET, accessible via their investor relations page. The replay will be available starting at 6:15 PM ET on the same day. As a leading digital-first home retailer, Williams-Sonoma offers various brands through multiple channels globally while emphasizing sustainability in its operations.

Williams-Sonoma, Inc. (NYSE: WSM) has committed to purchase $50M in Nest Ethical Handcraft™ products by 2025 to support global artisans, particularly women. This partnership highlights their ongoing collaboration since 2014 to establish ethical standards for crafting, benefitting over 3,600 artisans across 25 countries. Additionally, Williams-Sonoma aims for 75% of its products to meet social and environmental initiatives by 2030, representing $1B in purchases annually. Their commitment underscores a dedication to sustainability and community well-being.