(Adds Outlook, share movement)
Looking ahead, for the full year, Williams-Sonoma, Inc. (WSM) has reaffirmed its annual revenue growth guidance of negative 3 percent to positive 3 percent, with comparable store sales growth of negative 4.5 percent to positive 1.5 percent.
WSM was trading up by 7.35 percent at $338.35 in the pre-market trade on the New York Stock Exchange.
Q1 Results:
Williams-Sonoma Inc. (WSM) reported a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $265.666 million, or $4.07 per share. This compares with $156.531 million, or $2.35 per share, in last year's first quarter.
Excluding items, Williams-Sonoma Inc. reported adjusted earnings of $4.07 per share for the period.
Analysts on average had expected the company to earn $2.7 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 5.4% to $1.660 billion from $1.755 billion last year.
Williams-Sonoma Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $265.666 Mln. vs. $156.531 Mln. last year.-EPS (Q1): $4.07 vs. $2.35 last year.-Revenue (Q1): $1.660 Bln vs. $1.755 Bln last year.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.