Williams Sonoma - WSM STOCK NEWS

Williams Sonoma (NYSE: WSM) has announced the exclusive launch of the Breville Brass Collection, a new line of premium kitchen countertop appliances featuring brass-colored accents. The collection combines Breville's technology with modern design elements, available in three colorways: Damson Blue, Olive Tapenade, and Sea Salt.

The collection includes popular Breville appliances: the Smart Kettle™ Luxe kettle, Toast Select™ Luxe 2-Slice toaster, Barista Touch™ Impress espresso machine, Juice Fountain® Cold XL juicer, and Smart Oven® air-fryer. Each piece features hand-brushed, pre-brushed, and polished brass color details, available exclusively at Williams-Sonoma.com and retail locations.

Pottery Barn, a Williams-Sonoma (NYSE: WSM) brand, announced a new collaboration with Kravet, a renowned home furnishings company. For the first time in Kravet's history, their exclusive design-trade prints from their 60,000-piece textile archive have been adapted for consumer products through Pottery Barn.

The collection features reimagined archival prints including Garden Floral, Arboretum, Heirloom Damask, Ikat, Petite Floral, Medallion, and Meadow Stripe. These designs have been incorporated into tabletop items, bedding, pillows, wall and window coverings, and decorative accessories. The collaboration combines Kravet's textile expertise with Pottery Barn's craftsmanship, featuring designer details like French knots and embroidery.

The collection is now available in all Pottery Barn stores and online at potterybarn.com/kravet.

Horizon Media Holdings has appointed Bob Lord as its first President, reporting to CEO Bill Koenigsberg. Lord brings over three decades of experience in marketing, media, and technology, including roles as IBM's first Chief Digital Officer and AOL's President. In his new role, Lord will oversee the company's diversified businesses, focusing on integrating advanced technologies and leading international strategy.

Lord's previous achievements include revolutionizing IBM's go-to-market strategy, launching the Call for Code initiative, and leading The Weather Company. At AOL, he developed a leading programmatic media platform, and as Global CEO of Razorfish, he oversaw its transformation into a digital marketing leader.

The appointment aligns with Horizon's focus on enterprise innovation and technology transformation. Lord currently serves on several boards, including Integral Ad Science (IAS) and Finance of America, and is an Executive Fellow at Harvard Business School.

Williams-Sonoma (NYSE: WSM) has announced a quarterly cash dividend of $0.57 per share of common stock. The dividend will be paid on February 21, 2025, to stockholders of record as of January 17, 2025. The company operates as the world's largest digital-first, design-led and sustainable home retailer through multiple brands including Williams Sonoma, Pottery Barn, West Elm, and others. Their operations span across the U.S., Puerto Rico, Canada, Australia, and the United Kingdom, with franchised locations in various international markets.

Williams-Sonoma (WSM) reported Q3 2024 results with comparable brand revenue declining 2.9% but showing improved profitability. The company achieved an operating margin of 17.8% and diluted EPS growth of 7.1% to $1.96. Gross margin improved by 230 basis points to 46.7%, driven by higher merchandise margins and supply chain efficiencies. The Board approved a new $1 billion stock repurchase authorization. The company raised its full-year 2024 outlook, now expecting revenue decline of -3% to -1.5% with operating margin between 17.8% to 18.2%.

Williams Sonoma Home has launched a new collaboration with THE GEORGE, a 31-room boutique hotel owned by makeup artist and entrepreneur Bobbi Brown. The collection features home furnishings and decorative accents including curtains, pillows, bedding, rugs, frames, leather boxes, barware, board games, and desk accessories. Located near New York City, THE GEORGE hotel was originally built in 1902 and represents Brown's first hospitality project with her husband Steven Plofker. The collaboration aims to bring the hotel's modern styling and chic aesthetic into customers' homes through this -edition collection.

Williams-Sonoma (NYSE: WSM) has scheduled its third quarter results release for Wednesday, November 20th, 2024, before market opening. The company will host a conference call at 10:00 AM Eastern Time, followed by a webcast replay available from 12:00 PM ET. As the world's largest digital-first, design-led and sustainable home retailer, Williams-Sonoma operates multiple brands including Williams Sonoma, Pottery Barn, West Elm, and others through e-commerce, catalogs, and retail stores across multiple countries.

Mark & Graham, a Williams-Sonoma (NYSE: WSM) brand, has launched Bark & Graham, a new collection of over 250 personalized pet products. The collection features custom pet beds, bowls, collars, and apparel with colorful block prints, plaids, and bold stripes. Products are designed to prominently display pet names and can be previewed using the brand's personalization technology before purchase. The initial launch includes seasonal items like festive sweaters and puffer vests, with additional releases planned for 2025 and beyond.

Williams Sonoma (NYSE: WSM) has launched an exclusive food collection in collaboration with Michelin-star chef Jean-Georges Vongerichten. The collection features eight products inspired by recipes from his sixty global restaurants, combining French cuisine with Asian flavors. Products include specialty condiments, glazes, marinades, and rubs, ranging from $12.95 to $59.95. Notable items include Apricot Ginger Mustard, Miso Yuzu Glaze, and a Seafood Sauce Trio. Store tastings will be held on November 1-2 to showcase the collection.