Williams-Sonoma, Inc. is the world's largest digital-first, design-led and sustainable home retailer. The company's products, representing distinct merchandise strategies - Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, and Mark and Graham - are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, its free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands. Williams-Sonoma operates in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico, South Korea and India, as well as e-commerce websites in certain locations. The company is also proud to lead the industry with its Environmental, Social and Governance ('ESG') efforts. The company is Good By Design - it has deeply engrained sustainability into its business. From its factories to your home, Williams-Sonoma is united in a shared purpose to care for its people and its planet.

Company profile
Ticker
WSM
Exchange
Website
CEO
Laura Alber
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Williams-Sonoma Stores, Inc. • Williams-Sonoma Direct, Inc. • Williams-Sonoma DTC, Inc. • Williams-Sonoma Singapore Pte. Ltd. ...
IRS number
942203880
WSM stock data
News

Williams-Sonoma, Beyond Meat And 2 Other Big Stocks Insiders Are Selling
11 Aug 22
HP, Electronic Arts And 2 Other Stocks Insiders Are Selling
3 Aug 22
Morgan Stanley Maintains Equal-Weight on Williams-Sonoma, Lowers Price Target to $140
20 Jul 22
What 10 Analyst Ratings Have To Say About Williams-Sonoma
23 Jun 22
Goldman Sachs Maintains Sell on Williams-Sonoma, Lowers Price Target to $100
23 Jun 22
Press releases
WILLIAMS-SONOMA, INC. NAMED TO FORBES' LIST OF 'AMERICA'S BEST EMPLOYERS FOR WOMEN' FOR FOURTH CONSECUTIVE YEAR
5 Aug 22
WILLIAMS-SONOMA, INC. RELEASES 2021 IMPACT REPORT
3 Aug 22
POTTERY BARN KIDS DEBUTS NEW GEAR STYLES AND SHOPPING TOOLS FOR BACK-TO-SCHOOL SEASON
29 Jul 22
LEADERSHIP TRANSITION AT THE WILLIAMS SONOMA BRAND
26 Jul 22
POTTERY BARN LAUNCHES THE ACCESSIBLE HOME COLLECTION
22 Jul 22
Analyst ratings and price targets
Current price
Average target
$142.00
Low target
$100.00
High target
$185.00
Morgan Stanley
Maintains
$140.00
Goldman Sachs
Maintains
$100.00
Barclays
Maintains
$173.00
RBC Capital
Maintains
$185.00
Wells Fargo
Maintains
$135.00
UBS
Maintains
$100.00
Telsey Advisory Group
Maintains
$165.00
Calendar
1 Jun 22
12 Aug 22
29 Jan 23
Financial summary
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Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Feb 20 | Feb 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 324.84M | 324.84M | 324.84M | 324.84M | 324.84M | 324.84M |
Cash burn (monthly) | 175.17M | 26.24M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 596.36M | 89.32M | n/a | n/a | n/a | n/a |
Cash remaining | -271.52M | 235.51M | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.6 | 9.0 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 22 | Esi Eggleston Bracey | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 153 | 0 | 153 |
1 Aug 22 | Ready William J | Common Stock | Grant | Acquire A | No | No | 0 | 161 | 0 | 3,921 |
1 Aug 22 | Dahnke Scott Arnold | Common Stock | Gift | Dispose G | No | No | 0 | 346 | 0 | 20,000 |
1 Aug 22 | Dahnke Scott Arnold | Common Stock | Grant | Acquire A | No | No | 0 | 346 | 0 | 20,346 |
29 Jul 22 | Whalen Julie | Common Stock | Sell | Dispose S | No | Yes | 140.66 | 5,000 | 703.3K | 96,239 |
10 Jul 22 | Ross Ryan | Common Stock | Payment of exercise | Dispose F | No | No | 130.47 | 1,051 | 137.12K | 22,336 |
10 Jul 22 | Ross Ryan | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,118 | 0 | 23,387 |
10 Jul 22 | Ross Ryan | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,118 | 0 | 2,118 |
Institutional ownership, Q1 2022
99.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 611 |
Opened positions | 77 |
Closed positions | 108 |
Increased positions | 227 |
Reduced positions | 210 |
13F shares | Current |
---|---|
Total value | 9.92B |
Total shares | 68.42M |
Total puts | 749.24K |
Total calls | 521.8K |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 7.63M | $1.11B |
BLK Blackrock | 6.81M | $988.02M |
FMR | 6.04M | $875.88M |
Capital Research Global Investors | 5.47M | $793.87M |
Aristotle Capital Management | 5.1M | $739.84M |
Blackhill Capital | 4.01M | $582M |
STT State Street | 2.35M | $341.32M |
HS Management Partners | 1.66M | $240.08M |
First Trust Advisors | 1.41M | $204.29M |
Geode Capital Management | 1.05M | $152.86M |
Financial report summary
?Management Discussion
- Net revenues in the first quarter of fiscal 2022 increased by $142.2 million or 8.1%, compared to the first quarter of fiscal 2021, with comparable brand revenue growth of 9.5%. This was driven by strength in both retail and e-commerce, particularly in our Pottery Barn and West Elm brands, primarily due to an increase in furniture sales. Net revenue growth was partially offset by comparable brand revenue declines in our Williams Sonoma and Pottery Barn Kids and Teen brands, and a decrease in international net revenues of 5.0%.
- For the first quarter of fiscal 2022, we delivered comparable brand revenue growth of 9.5%. Pottery Barn, our largest brand, delivered 14.6% comparable brand revenue growth during the quarter. All channels and product categories contributed, with growth primarily driven by our high-quality proprietary furniture business. In addition, we saw strength across the Pottery Barn business - in core product, new offerings and our seasonal inventories. In West Elm, comparable brand revenue growth was 12.8%, driven by strong performance in furniture. Customers responded to new collections and line extensions in incremental sizes and aesthetics. New categories such as kids and bath contributed to incremental growth. The Williams Sonoma brand saw a comparable brand revenue decline of 2.2% during the quarter, following a 35.3% increase in comparable brand revenues in the first quarter of fiscal 2021. Comparable brand revenues in the first quarter of fiscal 2022 were affected by out-of-stock inventories, including constraints on our exclusive products. In our Pottery Barn Kids and Teen brands, we saw comparable brand revenue decline 3.1% during the quarter, driven by supply chain pressure out of Vietnam. Despite some current recoveries in inventory, our backorders remain at significant levels, and we have seen further push-outs of delivery. Finally, our emerging brands, Rejuvenation and Mark and Graham, delivered a combined comparable brand revenue growth of 31.0% during the first quarter of fiscal 2022.
- For the first quarter of fiscal 2022, diluted earnings per share was $3.50, compared to $2.90 in the first quarter of fiscal 2021 (which included a $0.03 impact related to acquisition-related compensation expense and amortization of acquired intangibles of Outward, Inc.).
Content analysis
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Readability |
H.S. freshman Avg
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New words:
aware, billion, cancelled, center, chapter, check, code, complying, consumer, electronically, factory, filer, half, hold, Identification, Interactive, leave, Mine, month, par, past, preceding, prescribed, pursuant, Quantitative, reclassification, registered, registrant, Regulation, revised, Rule, Safety, section, Senior, shell, shorter, smaller, space, spending, stockholder, technology, telephone, thereof, Unregistered, WASHINGTON, WSM, York
Removed:
achievement, agreement, allocation, announced, audit, August, baby, calculating, capacity, Codification, computation, count, distinct, eliminating, enacted, equal, exercise, experienced, franchise, interim, intraperiod, methodology, projected, protect, recognition, recognize, reflect, released, response, shareholder, shopping, Simplifying, target, unit
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
26 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
3 Jun 22
8-K
Williams-sonoma, Inc. Announces Record First Quarter Results
25 May 22
8-K
Williams-Sonoma, Inc. announces record fourth quarter and fiscal year 2021 results
16 Mar 22
8-K
Williams-Sonoma, Inc. announces record third quarter results
18 Nov 21
8-K
Williams-Sonoma, Inc. Announces Appointment of
9 Nov 21
8-K
Entry into a Material Definitive Agreement
5 Oct 21
8-K
Williams-Sonoma, Inc. announces record second quarter results
25 Aug 21
8-K
Williams-Sonoma, Inc. Announces Appointment of
5 Aug 21
8-K
Williams-Sonoma, Inc. Announces Election of
4 Jun 21
Registration and prospectus
S-8
Registration of securities for employees
7 Oct 21
S-8
Registration of securities for employees
6 Sep 18
S-8
Registration of securities for employees
8 Oct 15
S-8
Registration of securities for employees
18 Aug 11
S-8 POS
Registration of securities for employees (post-effective amendment)
18 Aug 11
8-A12B/A
Registration of securities on exchange (amended)
24 May 11
S-8
Registration of securities for employees
9 Sep 10
SC TO-I/A
Issuer tender offer statement (amended)
15 Apr 09
SC TO-I/A
Issuer tender offer statement (amended)
5 Apr 09
SC TO-I
Issuer tender offer statement
15 Mar 09
Proxies
DEFA14A
Additional proxy soliciting materials
21 Apr 22
DEFA14A
Additional proxy soliciting materials
16 Apr 21
DEFA14A
Additional proxy soliciting materials
15 May 20
DEFA14A
Additional proxy soliciting materials
17 Apr 20
DEFA14A
Additional proxy soliciting materials
19 Apr 19
DEF 14A
Definitive proxy
12 Apr 18
Other
SD
Conflict minerals disclosure
24 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
UPLOAD
Letter from SEC
7 May 19
CORRESP
Correspondence with SEC
5 May 19
UPLOAD
Letter from SEC
29 Apr 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
Ownership
4
WILLIAMS SONOMA / LAURA ALBER ownership change
10 Aug 22
4
WILLIAMS SONOMA / Scott Arnold Dahnke ownership change
2 Aug 22
4
WILLIAMS SONOMA / William J Ready ownership change
2 Aug 22
4
WILLIAMS SONOMA / Esi Eggleston Bracey ownership change
2 Aug 22
4
WILLIAMS SONOMA / Julie Whalen ownership change
2 Aug 22
4
WILLIAMS SONOMA / Ryan Ross ownership change
12 Jul 22
SC 13G/A
WILLIAMS SONOMA / FMR ownership change
11 Jul 22
11-K
Annual report of employee stock purchases
28 Jun 22
4
WILLIAMS SONOMA / Ryan Ross ownership change
8 Jun 22
4
WILLIAMS SONOMA / Julie Whalen ownership change
2 Jun 22
Transcripts
2022 Q1
Earnings call transcript
26 May 22
2021 Q4
Earnings call transcript
17 Mar 22
2021 Q3
Earnings call transcript
19 Nov 21
2021 Q2
Earnings call transcript
26 Aug 21
2021 Q1
Earnings call transcript
26 May 21
2020 Q4
Earnings call transcript
18 Mar 21
2020 Q3
Earnings call transcript
19 Nov 20
2020 Q2
Earnings call transcript
26 Aug 20
2020 Q1
Earnings call transcript
28 May 20
2019 Q4
Earnings call transcript
18 Mar 20
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