While reporting financial results for the fourth quarter on Wednesday, luxury home furnishing retailer Williams-Sonoma Inc. (WSM) initiated its revenue growth guidance for the full-year 2026.
For fiscal 2026, the company now expects net revenue growth of 2.7 to 6.7 percent, with comparable brand revenue growth of 2 to 6 percent.
Over the long term, the company continues to expect mid-to-high single-digit annual net revenue growth with an operating margin in the mid-to-high teens.
Williams-Sonoma's Board of Directors also authorized a 15% increase in the company's quarterly cash dividend to $0.76 per common share, payable on May 22, 2026, to stockholders of record as of the close of business on April 17, 2026.
In Wednesday's pre-market trading, WSM is trading on the NYSE at $186.32, up $4.09 or 2.24 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.