Williams-Sonoma, Inc. announces strong results for the first quarter of 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Williams-Sonoma (WSM) Tops Q1 EPS by 89c, Revenues Beat
May 28, 2020 4:19 PM EDTWilliams-Sonoma (NYSE: WSM) reported Q1 EPS of $0.74, $0.89 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.02 billion.
Total comparable brand revenue growth of 2.6%, including e-commerce comps accelerating to 31.2%GAAP diluted EPS of $0.45; Non-GAAP diluted EPS of $0.74Solid liquidity position with over $860 million in cashFIRST QUARTER 2020
Net revenues of $1.235 billion were relatively flat to last year despite stores being temporarily closed for most of the quarter, driven by a significant acceleration in e-commerce revenue growth to over... More