Loading...
Docoh

Williams-Sonoma (WSM)

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
CEO
Laura Alber
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Williams-Sonoma Stores, Inc. • Williams-Sonoma Direct, Inc. • Williams-Sonoma DTC, Inc. • Williams-Sonoma Singapore Pte. Ltd. ...
IRS number
942203880

WSM stock data

Calendar

1 Jun 22
12 Aug 22
29 Jan 23
Quarter (USD) May 22 Jan 22 Oct 21 Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Jan 22 Jan 21 Feb 20 Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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

Beta Read what these cash burn values mean

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
99.5% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 611 642 -4.8%
Opened positions 77 125 -38.4%
Closed positions 108 73 +47.9%
Increased positions 227 210 +8.1%
Reduced positions 210 214 -1.9%
13F shares Current Prev Q Change
Total value 9.92B 12.02B -17.5%
Total shares 68.42M 71.12M -3.8%
Total puts 749.24K 1.3M -42.4%
Total calls 521.8K 1.27M -58.9%
Total put/call ratio 1.4 1.0 +40.2%
Largest owners Shares Value Change
Vanguard 7.63M $1.11B -0.8%
BLK Blackrock 6.81M $988.02M -9.9%
FMR 6.04M $875.88M +4.7%
Capital Research Global Investors 5.47M $793.87M -2.7%
Aristotle Capital Management 5.1M $739.84M -2.0%
Blackhill Capital 4.01M $582M -0.0%
STT State Street 2.35M $341.32M -7.9%
HS Management Partners 1.66M $240.08M +61.6%
First Trust Advisors 1.41M $204.29M +24.1%
Geode Capital Management 1.05M $152.86M -7.4%
Largest transactions Shares Bought/sold Change
Select Equity 955.34K -775.85K -44.8%
BLK Blackrock 6.81M -750.44K -9.9%
Norges Bank 0 -638.82K EXIT
HS Management Partners 1.66M +630.83K +61.6%
Westfield Capital Management 0 -348.25K EXIT
BAC Bank Of America 488.54K -293.6K -37.5%
Samlyn Capital 0 -291.43K EXIT
AMP Ameriprise Financial 317.14K -291.02K -47.9%
First Trust Advisors 1.41M +273.42K +24.1%
FMR 6.04M +268.79K +4.7%

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

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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