Williams-Sonoma, Inc. reports strong results for the third quarter of 2019
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Williams-Sonoma (WSM) Reports In-Line Q3 EPS, Revenues Beat; Offers FY19 EPS/Revenues Guidance
November 21, 2019 4:19 PM ESTWilliams-Sonoma (NYSE: WSM) reported Q3 EPS of $1.02, in-line with the analyst estimate of $1.02. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.42 billion.
THIRD QUARTER 2019
Net revenue growth of 6.3% to $1.442 billionComparable brand revenue growth of 5.5%, primarily driven by West Elm at 14.1% and Pottery Barn at 3.4%GAAP operating margin of 7.1%; non-GAAP operating margin of 7.6%, in-line with Q3 18GAAP diluted EPS of $0.94; non-GAAP diluted EPS of $1.02, a 7.4% increase... More