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Inferra AI / Company / WSM

Williams-Sonoma, Inc.

WSM · Consumer Discretionary

Last earnings Aug 26, 2026

Key results

Operating marginquarter

16.2%

In Q1, our comp came in at 4.8%, and we delivered an operating margin of 16.2% with earnings per share of $1.93.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

EPSquarter

$1.93

In Q1, our comp came in at 4.8%, and we delivered an operating margin of 16.2% with earnings per share of $1.93.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Revenuequarter

4.8%

FIRST QUARTER 2026 HIGHLIGHTS Comparable brand revenue +4.8%.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Gross marginquarter

44.0%

Gross margin of 44.0% -30bps to LY driven by (i) lower merchandise margins of -100bps, partially offset by (ii) supply chain efficiencies of +50bps and (iii) occupancy leverage of +20bps.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Operating incomequarter

$292 million

Operating income of $292 million with an operating margin of 16.2%.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Diluted EPS of $1.93 per share.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

AI analysis

Q1 2026 · reported May 21, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

EPS · Q1 2026
$1.93
EX-99 · May 21, 2026
Gross margin · Q1 2026
44.0%
EX-99 · May 21, 2026
Operating income · Q1 2026
$292M
EX-99 · May 21, 2026
Operating margin · Q1 2026
16.2%
EX-99 · May 21, 2026

Headline figures

MetricQ1 2026Prior qtrYear ago
Operating margin16.2%——
EPS$1.93——
Revenue4.8%——
Gross margin44.0%——
Operating income$292 million——

EX-99 · May 21, 2026

Guidance · company-stated

Direction: Reiterated

Revenue

“announces strong first quarter 2026 results Q1 comparable brand revenue +4.8% Q1 operating margin of 16.2% diluted EPS of $1.93 Reiterates full-year outlook San Francisco, CA, May 21, 2026 Williams-Sonoma, Inc.”

Company outlook — Reiterated

“OUTLOOK We are reiterating our fiscal 2026 and long-term guidance.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Operating margin16.2%
Gross margin44.0%

Capital allocation

Maintained strong liquidity position of $652 million in cash and $156 million in operating cash flow enabling the company to deliver returns to stockholders of $373 million through $288 million in stock repurchases and $85 million in dividends.

2 Repurchases of common stock include accrued excise taxes of $ 1.8 million as of August 2, 2026, which is recorded in retained earnings.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

announces strong first quarter 2026 results Q1 comparable brand revenue +4.8% Q1 operating margin of 16.2% diluted EPS of $1.93 Reiterates full-year outlook

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Revenue: “announces strong first quarter 2026 results Q1 comparable brand revenue +4.8% Q1 operating margin of 16.2% diluted EPS of $1.93 Reiterates full-year outlook San Francisco, CA, May 21, 2026 Williams-Sonoma, Inc.”

Revenue — Reiterated (“Reiterates”)
“announces strong first quarter 2026 results Q1 comparable brand revenue +4.8% Q1 operating margin of 16.2% diluted EPS of $1.93 Reiterates full-year outlook San Francisco, CA, May 21, 2026 Williams-Sonoma, Inc.”

Company outlook — Reiterated (“reiterating”)
“OUTLOOK We are reiterating our fiscal 2026 and long-term guidance.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Maintained strong liquidity position of $652 million in cash and $156 million in operating cash flow enabling the company to deliver returns to stockholders of $373 million through $288 million in stock repurchases and $85 million in dividends.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

2 Repurchases of common stock include accrued excise taxes of $ 1.8 million as of August 2, 2026, which is recorded in retained earnings.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

2 Repurchases of common stock include accrued excise taxes of $ 2.1 million as of August 3, 2025, which is recorded in retained earnings.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

BORROWING ARRANGEMENTS Credit Facility We have a credit facility (the Credit Facility ) which provides for a $ 600 million unsecured revolving line of credit.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

Our Credit Facility may be used to borrow revolving loans or to request the issuance of letters of credit.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

We may, upon notice to the administrative agent, request existing or new lenders, at such lenders option, to increase the Credit Facility by up to $ 250 million to provide for a total of $ 850 million of unsecured revolving credit.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

Strategy & priorities

We believe our strong brands, our proven ability to execute our vision, and our relentless focus on customer service will allow us to accomplish our goals in 2026 and beyond.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

generally accepted accounting principles ( GAAP ) measures on a forward-looking basis as we cannot do so without unreasonable efforts due to the potential variability and limited visibility of excluded items these excluded items may include exit costs, reduction-in-force initiatives, impairment and early termination charges, among others.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Such forward-looking statements include, among other things, statements in the quotes of our President and Chief Executive Officer, our fiscal year 2026 outlook and long-term financial targets, and statements regarding our industry trends and business strategies.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

The company s brands Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, GreenRow, and Dormify represent distinct merchandise strategies that are marketed through e-commerce, direct-mail catalogs, retail stores, and business-to-business.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Our brands Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, GreenRow, and Dormify represent distinct merchandise strategies that are marketed through e-commerce, direct-mail catalogs, retail stores, and business-to-business.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

Risks & headwinds

Merchandise inventories +9.0% to the first quarter LY to $1.46 billion, including incremental tariff costs of approximately $60 million.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Our guidance assumes (i) oil prices will remain elevated for fiscal 2026, (ii) no refund of tariffs paid, (iii) the impact of tariffs will be front-loaded in the first half of fiscal 2026 as the tariffs flow through our weighted average cost of goods sold, and (iv) all tariff rates currently in place remain for fiscal 2026, including the Section 232 tariffs, the current Section 301 tariffs and the Section 122 tariffs.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or are proven incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to provide products that are designed and built for durability and longevity at competitive prices changes in and the related impact of U.

SEC original ↗Williams-Sonoma, Inc. — Earnings release (8-K exhibit)EX-99May 21, 2026

Legal Proceedings 22 Item 1A.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

COMMITMENTS AND CONTINGENCIES We are involved in lawsuits, claims and proceedings incident to the ordinary course of our business.

SEC original ↗Williams-Sonoma, Inc. — 10-Q Quarterly report10-QAug 28, 2026

Documents

Earnings deck slides

0 decks with slide view

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Williams-Sonoma, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary

Filings

65 documents

Earnings releases

10 documents

Presentations

13 documents

Transcripts

0 documents

No transcripts for Williams-Sonoma, Inc. are held in this edition of the library.

Mentioned by

2 companies

Other tracked companies whose held documents mention Williams-Sonoma, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.