Williams-Sonoma Inc. (WSM) reported fourth quarter EPS of $1.34 after the bell Tuesday, up from $1.17 in the prior year period. The consensus estimate was for EPS of $1.29. Full year 2013 EPS is expected to be between $2.65 and $2.75, compared to the consensus estimate of $2.54.
The company also announced that its Board of Directors has authorized a quarterly cash dividend of $0.31 per share, up 41 percent from the previous dividend. The board also authorized a new $750 million stock repurchase program over the next three years.
Williams-Sonoma gapped open higher Wednesday and is now up 2.79 at $48.00. The stock is now challenging the highs of the year, trading at over a 4-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.