Welcome to our dedicated page for Williams-Sonoma news (Ticker: WSM), a resource for investors and traders seeking the latest updates and insights on Williams-Sonoma stock.
Williams-Sonoma, Inc. (WSM) is a leading specialty retailer in the United States, founded in 1956. The company offers high-quality products for the kitchen and home through its well-known brands such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, West Elm, Williams-Sonoma Home, Rejuvenation, and Mark and Graham. These brands are respected for their beautifully designed, functional, and stylish products across various home areas, including the kitchen, living room, bedroom, home office, closet, laundry room, and outdoor spaces.
With a robust retail and direct-to-consumer presence, Williams-Sonoma operates in a $300 billion domestic home category and a $450 billion international home market. The company is actively expanding its footprint in the B2B sector, marketplace, and franchise areas. Williams-Sonoma has a notable presence with 156 Williams-Sonoma stores, 184 Pottery Barn stores, 45 Pottery Barn Kids stores, 121 West Elm stores, and 11 Rejuvenation stores. The company's diverse product range and dedication to high-quality customer service have positioned it as a multi-brand, multi-channel global enterprise, supported by advanced technology and skilled teams.
Williams-Sonoma recently announced its 2024 partners for the World's Strongest Man competition, returning to Myrtle Beach, South Carolina. The event will showcase top athletes and involve partnerships with prominent brands such as Monro, BFGoodrich Tires, SBD Apparel, Rogue Fitness, and others. Williams-Sonoma’s engagement in such significant events highlights its commitment to community involvement and brand visibility.
Financially, Williams-Sonoma continues to demonstrate strong performance, driven by innovative product offerings and strategic market expansions. The company's efforts in supporting large-scale residential and commercial projects through its business-to-business services further bolster its market standing.
Overall, Williams-Sonoma, Inc. is a significant player in the home and kitchen retail sector, combining a rich legacy with forward-looking strategies to enhance customer experiences and drive growth.
Williams-Sonoma, Inc. (NYSE: WSM) has announced a new commitment to plant six million trees by 2023, doubling its original goal set by Pottery Barn in January 2021. Working with the Arbor Day Foundation, the company aims to enhance its sustainability strategy by including Pottery Barn Kids, Pottery Barn Teen, West Elm, Rejuvenation, and Williams Sonoma Home in a one-for-one tree purchasing initiative. To date, Pottery Barn has planted over 1.5 million trees, contributing to significant environmental benefits, including the absorption of 1.1 million tons of CO2.
Williams-Sonoma, Inc. (NYSE: WSM) announced a 10% increase in its quarterly cash dividend to
Williams-Sonoma, Inc. (WSM) reported strong Q4 2021 results, with GAAP EPS of $5.41 and non-GAAP EPS of $5.42, marking a 37% increase year-over-year. Comparable brand revenue grew by 10.8%, and FY21 revenue growth accelerated to 22.0%, reflecting robust performance across brands like West Elm (33.1%) and Pottery Barn (23.9%). Operating margins expanded, with a GAAP operating margin of 17.6%. The company maintains a strong liquidity position with $850 million cash and plans continued growth towards $10 billion in revenue by FY24.
Williams-Sonoma, Inc. (NYSE: WSM) will announce its fourth quarter and fiscal year 2021 results on March 16, 2022, after market close. A conference call will follow at 5:00 PM ET, accessible via their investor relations page. The replay will be available starting at 6:15 PM ET on the same day. As a leading digital-first home retailer, Williams-Sonoma offers various brands through multiple channels globally while emphasizing sustainability in its operations.
Williams-Sonoma, Inc. (NYSE: WSM) has committed to purchase
Pottery Barn Kids and Pottery Barn Teen, part of the Williams-Sonoma portfolio (NYSE: WSM), have launched new collections in collaboration with Lilly Pulitzer. The 'Lilly Pulitzer x Pottery Barn Kids' and 'Lilly Pulitzer x Pottery Barn Teen' collections feature home furnishings, textiles, and accessories in vibrant prints. This partnership builds on the successful 2018 debut, introducing eco-friendly materials, including GOTS-certified cotton. Notable prints include Slathouse Soiree and Mermaid Cove, now available on various new products, creating a joyful ambiance for kids and teens.
Pottery Barn, part of Williams-Sonoma (NYSE: WSM), has launched a new collaboration with the Black Artists + Designers Guild (BADG), focusing on celebrating Black culture through design. This collection, inspired by themes of 'Black Joy,' features over 25 unique items including decorative accessories, dinnerware, and more. Designed by BADG members, the collection emphasizes quality craftsmanship and inclusivity. Available from January 28, 2022, prices range from $29.50 to $249. This partnership aligns with WSM's commitment to enhancing Black representation in the creative industry.
Williams Sonoma (NYSE: WSM) has announced the launch of its first-ever Virtual Wellness Retreat, scheduled for January 29-30, 2022. The event will feature cooking demonstrations from celebrity chefs, fitness sessions, and discussions on health and wellness topics. Tickets are priced at $15, with proceeds benefiting No Kid Hungry, a campaign aimed at ending childhood hunger. This initiative is part of Williams Sonoma's commitment to health and wellness, showcasing high-profile speakers including Bobby Flay, Glennon Doyle, and Robin Arzón.
Williams-Sonoma, Inc. (WSM) announces the launch of the ‘LEGO x Pottery Barn Kids’ collection, featuring bedding, rugs, and decorative items designed to inspire creativity in children's spaces. This collaboration merges the playful spirit of LEGO with Pottery Barn Kids’ commitment to quality and sustainability. Products showcase bright prints of LEGO icons, promoting imaginative play and self-expression. Both brands emphasize the importance of quality and environmental care in their designs.
Williams-Sonoma, Inc. (NYSE: WSM) has declared a quarterly cash dividend of $0.71 per common share, payable on February 25, 2022, to stockholders of record by January 21, 2022. This move reflects the company’s commitment to returning value to its shareholders while reinforcing its status as a leading digital-first home retailer. Williams-Sonoma operates multiple brands and emphasizes sustainability across its business operations.
FAQ
What is the current stock price of Williams-Sonoma (WSM)?
What is the market cap of Williams-Sonoma (WSM)?
What does Williams-Sonoma, Inc. specialize in?
What are the main brands under Williams-Sonoma, Inc.?
When was Williams-Sonoma, Inc. founded?
What is the market reach of Williams-Sonoma, Inc.?
How many retail stores does Williams-Sonoma, Inc. operate?
What recent event has Williams-Sonoma, Inc. been involved in?
What are Williams-Sonoma’s B2B services?
What is Williams-Sonoma, Inc.'s approach to customer service?
How does Williams-Sonoma, Inc. contribute to community involvement?
What are the expansion focus areas for Williams-Sonoma, Inc.?
