Williams Sonoma Stock Price, News & Analysis

Williams-Sonoma, Inc. (NYSE: WSM) has been recognized as the top retailer on TIME Magazine's 2024 list of America's Best Mid-Sized Companies. The company ranked 17th overall out of 500 companies featured on this inaugural list, which highlights top-performing midsize businesses with revenue between $100 million and $10 billion.

The evaluation criteria included positive revenue growth, employee satisfaction, and sustainability transparency. TIME partnered with Statista to assess companies based on:

• Employee Satisfaction: Evaluating over 170,000 employees' feedback on working conditions, salary, and equality policies
• Revenue Growth: Assessing three-year growth data for companies meeting specific criteria
• Sustainability Transparency: Examining environmental, social, and corporate governance indicators

Laura Alber, President and CEO of Williams-Sonoma, Inc., expressed honor at the recognition, emphasizing the company's commitment to being a people-first organization focused on growth and shareholder value.

Williams-Sonoma, Inc. (NYSE: WSM) has appointed Arianna Huffington to its Board of Directors. Huffington, founder and CEO of Thrive Global and The Huffington Post, brings extensive experience as an entrepreneurial leader and director for successful companies. Her background aligns with Williams-Sonoma's commitment to putting people first and investing in worker wellbeing.

Huffington's recent venture, Thrive AI Health, focuses on building a personalized AI health coach. Her expertise in creating innovative businesses and brands that address customer needs is expected to bring significant value to Williams-Sonoma as it enters its next growth phase. The company, known for its digital-first, design-led, and sustainable home retail approach, operates multiple brands including Williams Sonoma, Pottery Barn, and West Elm.

Pottery Barn, a Williams-Sonoma, Inc. (NYSE: WSM) brand, has launched an accessible home furnishings collection in collaboration with Michael Graves Design. The collection features functional and beautiful designs aimed at making homes safer and more accessible for various communities, including those aging in place and individuals with disabilities.

The 'Michael Graves Design for Pottery Barn' collection includes upholstered armchairs and bedroom furnishings with unique enhancements. Key features include integrated armrests on bed frames, nightstands with raised edges and built-in power strips, dressers with grab rails, and armchairs designed for easier entry and exit. The collection is now available on PotteryBarn.com and in select stores.

Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-led and sustainable home retailer, has released its 2023 Impact Report. The report highlights the company's progress towards its sustainability and social impact goals. Key achievements include:

- Reduction of greenhouse gas emissions through increased use of renewable energy
- Adoption of innovative packaging solutions
- Continued investment in Fair Trade Premiums and worker wellbeing programs
- Waste diversion from landfills
- Launch of GreenRow, a new sustainability-focused home furnishings brand

CEO Laura Alber emphasized the company's commitment to innovation and continuous improvement in sustainability efforts, aiming to positively impact the planet while driving sustainable growth.

Pottery Barn, a Williams-Sonoma brand (NYSE: WSM), has launched a 25-piece home furnishings collection inspired by the Netflix series 'Wednesday'. The collection, designed in collaboration with Amazon MGM Studios Consumer Products, features bedding, table linens, decorative accessories, and tabletop items for Halloween decorating, entertaining, and gifting.

Highlights include character-shaped pillows, a Nevermore Academy replica, and lit décor pieces. The collection ranges from $15 to $499 and is available exclusively online at potterybarn.com/Wednesday. Monica Bhargava, Pottery Barn President, emphasized the collection's playful and whimsical nature, staying true to the Wednesday aesthetic with clever design details.

Williams Sonoma has launched its annual Tools for Change campaign in partnership with No Kid Hungry, aiming to end childhood hunger in America. This year's campaign features ten new spatula designs by celebrities like Blake Shelton, Jeff Bridges, and Cameron Diaz. The company will donate a portion of proceeds from the spatula sales and select food items to No Kid Hungry. Since the start of this partnership, Williams Sonoma has raised over $16 million, which translates to 160 million meals for children. The 2024 collection is now available both online and in stores.

West Elm, a brand under Williams-Sonoma, Inc. (NYSE: WSM), has launched a new home furnishings collection in collaboration with renowned chef Marcus Samuelsson. This 32-piece collection, marking Samuelsson's debut in home furnishings, is inspired by his Ethiopian heritage, Swedish upbringing, and New York City lifestyle. Available exclusively on WestElm.com and select West Elm stores, the collection includes diverse items such as tableware, furniture, lighting, and art. Key pieces include the Carved Tableware Set ($32-40), Upholstered Dining Chairs and Bar Stools ($299, $399), the Layered Brass Pendant ($399), and the Rectangular Dining Table ($1,299). The collection aims to blend Samuelsson's love for food and entertaining with stylish home decor.

Pottery Barn Kids and Pottery Barn Teen, both brands under Williams-Sonoma (NYSE: WSM), have announced a new home furnishings collaboration with fashion and lifestyle brand Roller Rabbit. This exclusive collection features Roller Rabbit's vibrant prints integrated into dorm décor, bedding, gear, decorative accessories, and textiles. Available now at Pottery Barn Kids and Pottery Barn Teen, the collection includes items like Twin XL bedding, headboards, laundry bags, and shower caddies, perfect for the back-to-school season. This collaboration aims to combine quality craftsmanship, safety, and sustainability with Roller Rabbit's iconic and cheerful designs, offering items for nurseries to dorm rooms.

Williams-Sonoma (NYSE: WSM) announced that its Board of Directors has declared a quarterly cash dividend of $1.14 per share for common stockholders of record on July 19, 2024. The dividend will be paid on August 23, 2024. Following a stock split announcement, the dividend will be adjusted to $0.57 per share post-split. Williams-Sonoma is a leading digital-first and sustainable home retailer, managing brands like Pottery Barn, West Elm, and Rejuvenation. The company operates in the U.S., Canada, and other international locations.