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Williams-Sonoma, Inc. - WSM STOCK NEWS

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.

News

POTTERY BARN, POTTERY BARN KIDS AND POTTERY BARN TEEN LAUNCH NEW COLLECTIONS WITH ICONIC RESORT WEAR AND LIFESTYLE BRAND LILLY PULITZER

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Pottery Barn, Pottery Barn Kids, and Pottery Barn Teen announce new collections in collaboration with Lilly Pulitzer to celebrate the resort wear brand's 65th anniversary. The collections feature exclusive prints and patterns on various home items, emphasizing sustainable materials and vibrant designs.
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POTTERY BARN LAUNCHES NEW HOME FURNISHINGS COLLABORATION WITH DEEPIKA PADUKONE

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Pottery Barn collaborates with Deepika Padukone to launch a new home furnishings collection globally, featuring Indian-inspired designs and a neutral color palette.
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Williams-Sonoma, Inc. announces a 26% quarterly dividend increase and a new $1 billion stock repurchase authorization

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Williams-Sonoma, Inc. (WSM) announces a 26% increase in quarterly cash dividend to $1.13 per common share and a new $1 billion stock repurchase authorization. The company aims to maximize shareholder value and deliver returns to shareholders, reflecting consistent profitability and strong cash flows.
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Williams-Sonoma, Inc. announces fourth quarter and fiscal year 2023 results

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Williams-Sonoma, Inc. (NYSE: WSM) reports Q4 comparable brand revenue down by 6.8%, with an operating margin of 20.1% and diluted EPS of $5.44. The company increased its quarterly dividend by 26% and authorized a new $1 billion stock repurchase plan. Fiscal 2023 saw a 9.9% decline in comparable brand revenue, but the company maintained a gross margin of 42.6% and an operating margin of 16.1%, exceeding expectations. Williams-Sonoma expects net revenue growth of -3% to +3% in fiscal 2024 with an operating margin between 16.5% to 16.8%.
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Williams-Sonoma, Inc. announces release date for fourth quarter and fiscal year 2023 results: Wednesday, March 13th, 2024

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Williams-Sonoma, Inc. (WSM) is set to announce its Q4 and fiscal year 2023 results on March 13th, 2024. The company, known for its digital-first approach and sustainable home products, operates various brands globally. Williams-Sonoma leads in ESG efforts, emphasizing sustainability.
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WILLIAMS-SONOMA, INC. NAMED TO BARRON’S LIST OF 100 MOST SUSTAINABLE COMPANIES

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Williams-Sonoma, Inc. has been recognized as one of the 100 Most Sustainable U.S. Companies 2024 by Barron’s for the seventh consecutive year. The company's commitment to sustainability and ESG metrics has set it apart in the home furnishings industry, making it a leader in environmental and social responsibility.
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WEST ELM LAUNCHES NEW COLLABORATION WITH ACCLAIMED INTERIOR DESIGNER BILLY COTTON

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West Elm, a brand of Williams-Sonoma, Inc., introduces a new collaboration with interior designer Billy Cotton, offering a 25-piece collection of home pieces that blend craftsmanship and functional design. The collection includes furniture, tableware, and decorative accessories designed for any space or aesthetic, focusing on simple, thoughtful American design. The partnership aims to bring fresh American design to a wide customer base, emphasizing beauty and practicality in daily use items.
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POTTERY BARN KIDS LAUNCHES EXCLUSIVE COLLABORATION WITH GLOBAL LUXURY LIFESTYLE BRAND AERIN

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Pottery Barn Kids, a brand of Williams-Sonoma, Inc. (NYSE: WSM), has announced a collaboration with AERIN, the global luxury lifestyle brand, to launch the first children’s home furnishings and heirloom gift collection. The collection includes baby gifts, décor, nursery textiles, and furniture, all designed in AERIN’s signature modernized traditional style. The collaboration aims to bring the exquisite taste of Aerin Lauder into the nursery for the first time, rooted in her signature style and crafted with a focus on sustainability.
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WILLIAMS-SONOMA, INC. ANNOUNCES RETIREMENT OF MARTA BENSON

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Williams-Sonoma, Inc. announced the retirement of Marta Benson, CEO of Pottery Barn Brands, effective April 26, 2024. Monica Bhargava and Jennifer Kellor will succeed her, bringing a combined 50 years of service to the company. Benson's contributions include the launch of Mark & Graham, the acquisition of Rejuvenation, and the transformation of Pottery Barn. The company expressed gratitude for her leadership and commitment to sustainability.
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WILLIAMS SONOMA ANNOUNCES BRIDGERTON COLLABORATION

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Williams Sonoma, Inc. (NYSE: WSM) announced an exclusive collaboration with Shondaland’s popular Bridgerton franchise to launch the Bridgerton for Williams Sonoma collection. The collection consists of exclusive products designed to embrace the Regency-era elegance that has become synonymous with the show, including food, beverage mixes, tableware, and gifts. The collection features more than 20 products, and Williams Sonoma will also carry the Bridgerton Guide to Entertaining book. Bridgerton will return to Netflix for a lavish season three in late Spring of 2024.
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FAQ

What is the current stock price of Williams-Sonoma (WSM)?

The current stock price of Williams-Sonoma (WSM) is $187.73 as of December 24, 2024.

What is the market cap of Williams-Sonoma (WSM)?

The market cap of Williams-Sonoma (WSM) is approximately 23.1B.

What does Williams-Sonoma, Inc. specialize in?

Williams-Sonoma, Inc. specializes in high-quality kitchen and home products through a variety of well-known brands.

What are the main brands under Williams-Sonoma, Inc.?

The main brands include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, West Elm, Williams-Sonoma Home, Rejuvenation, and Mark and Graham.

When was Williams-Sonoma, Inc. founded?

Williams-Sonoma, Inc. was founded in 1956.

What is the market reach of Williams-Sonoma, Inc.?

Williams-Sonoma operates in the $300 billion domestic home category and $450 billion international home market.

How many retail stores does Williams-Sonoma, Inc. operate?

Williams-Sonoma operates 156 Williams-Sonoma stores, 184 Pottery Barn stores, 45 Pottery Barn Kids stores, 121 West Elm stores, and 11 Rejuvenation stores.

What recent event has Williams-Sonoma, Inc. been involved in?

Williams-Sonoma recently announced its partnership for the 2024 World's Strongest Man competition in Myrtle Beach, South Carolina.

What are Williams-Sonoma’s B2B services?

Williams-Sonoma's business-to-business services support a range of projects, from residential to large-scale commercial developments.

What is Williams-Sonoma, Inc.'s approach to customer service?

Williams-Sonoma is dedicated to outstanding customer service, high-quality products, and functional design.

How does Williams-Sonoma, Inc. contribute to community involvement?

Williams-Sonoma engages in significant events like the World's Strongest Man competition to enhance community involvement and brand visibility.

What are the expansion focus areas for Williams-Sonoma, Inc.?

Williams-Sonoma focuses on expanding its presence in the B2B sector, marketplaces, and franchise areas.

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Williams-Sonoma, Inc.

NYSE:WSM

WSM Rankings

#482 Ranked by Market Cap
#1719 Ranked by Dividends

WSM Stock Data

23.11B
118.40M
1.19%
99.58%
11.14%
Specialty Retail
Retail-home Furniture, Furnishings & Equipment Stores
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United States of America
SAN FRANCISCO